123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Real-Estate-and-Foreclosure >> View Article

No Resale Levy For Executive Condominium (ec)

Profile Picture
By Author: David Tan
Total Articles: 435
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

No Resale Levy for Executive Condominium (EC)

What Is Resale Levy?

Resale levy supports equilibrium of subsidies for those who are first time consumer of HBD public housing properties as opposed to those second time purchasers by lowered tender of the subsidy. You have to compensate No Resale Levy for Executive Condominium (EC) on your of your subsequent home when you have already acquired a new Executive Condominium (EC), accepted a CPF Housing subsidy for resale flat or when you have invested brand-new HBD Flat primary through HBD (DBSS, BTO etc.).

When is Resale Levy Payable?

Resale levy is payable when you:

* Acquire your first flat direct from HBD or if you are able to obtain a grant from CPF Housing, then traded it after obtaining the Minimum Occupation Period (MOP)
* Acquire another flat from HBD that is already subsidized.
* Purchase an Executive Condominium straight from the developer where its land sale falls on or after 9 December 2013.

When is Resale ...
... Levy NOT Payable?

Resale Levey is not payable when you:

* Purchase a private property
* Avail an HBD resale flat
* Obtain DBSS flat direct from developer
* Buy an Executive Condominium which land sale was set up before 9 December 2013.

Total Views: 562Word Count: 200See All articles From Author

Add Comment

Real Estate and Foreclosure Articles

1. How Developers Get Nri Leads For Dubai Real Estate?
Author: DigitalStep360

2. Why Farmhouse Living Is Becoming Popular
Author: Ananda 1

3. Why Gurugram Developers Choose Digitalstep360 For Real Estate Leads Generation Gurugram?
Author: DigitalStep360

4. 700 Keys, 31 Days: How Kohinoor Group Just Rewrote The Real Estate Playbook
Author: Kohinoor Pune

5. How Digitalstep360 Improves Real Estate Leads Generation Dubai For Verified Investors And Buyers?
Author: DigitalStep360

6. Property Tax Protest Services In Texas | Expert Tax Consultants
Author: POC

7. Home Property Taxes & Residential Property Tax Help In Texas
Author: POC

8. Property Tax Reduction Services In Texas
Author: POC

9. Property Tax Protest Services By Experienced Consultants
Author: POC

10. How Digitalstep360 Boosts Real Estate Leads Generation Dubai For Agencies & Developers?
Author: DigitalStep360

11. How Digitalstep360 Delivers High-quality Real Estate Leads Generation Pune?
Author: DigitalStep360

12. Best Resort For Couples In Kodaikanal – Luxeglamp | Best Honeymoon Resorts In Kodaikanal
Author: LuxeGlamp - Luxury Stay

13. How Digitalstep360 Delivers Exclusive And Targeted Real Estate Leads Generation United States?
Author: DigitalStep360

14. Choosing The Best Asphalt Plant Manufacturer For Quality And Efficiency
Author: Gopesh Thakker

15. Property Tax Reduction Services By O’connor – Trusted Texas Property Tax Experts
Author: POC

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: