Sea Horizon EC

Sea Horizon EC

Sea Horizon EC can be a new Executive Condominium at Pasir Ris. It is located in close proximity to Pasir Ris MRT, and expressways including TPE and PIE.

Sea Horizon EC offers panoramic views with the sea and it's also just moments stroll to Pasir Ris. It is a haven for beach and nature lovers!

Additionally it is conveniently located near to departmental stores for example E!Hub@Downtown East and White Sands Shopping center to fulfill every dining, retail and banking needs!

Check around the following eligibility criteria!

Procedure on Buying a Executive Condomium (EC) in Singapore

Sea Horizon EC

Executive Condominiums certainly are a special form of Housing and Development Board (HDB) flat. At the reason for investing in a new EC from developer, purchasers are put through the prevailing HDB rules. However, after remaining in the machine for 5 years, the unit could be resold to a different Singaporean or Singaporean Permanent Resident. After Ten years, the EC is privatized, and is considered a personal condominium, and is resold to your person, a good foreigner.

This is as opposed to private condominiums. There isn't any special restriction on buying private condominiums, with no special restriction on re-selling the units.


Eligibility Conditions to get EC

The purchasers of EC must meet certain criteria to be in a position to obtain a EC unit in the developer.

1. Citizenship
There has to be a minumum of one Singapore Citizen because the main applicant. The co-applicant can be another Singaporean Citizen or Singapore Permanent Resident

2. Family Nucleus
The main applicant as well as the co-applicant must form a valid family nucleus, including fianc´┐Ż/finacee, husband/wife, parent/child, joint singles above 35 yrs . old, or even the orphan scheme.
 
3 . Age
The primary applicant as well as the co-applicant must be above 21 years.

4. Ownership of non-public Property
The applicants mustn't own any private property/EC, and so they must not have owned any private property/EC inside the preceding 30 months.

5. Ownership of HDB flat
The applicants must not have bought greater than twice, the next flat types : flat direct from HDB, EC direct from developer, and resale flat using CPF.

6. Meeting of M.O.P. Requirements.
If the applicants own a HDB flat, they need to have stayed within the flat for at least Five years.

7. Income Ceiling
The combined income of the applicants mustn't exceed $12,000 a month..


For full Sea Horizon EC Floor Plan, Sea Horizon Price, and details, do visit http://www.projectlaunch.com.sg/seahorizon-ec/
 

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