Sea Horizon EC is really a new Executive Condominium at Pasir Ris. It is located close to Pasir Ris MRT, and expressways such as TPE and PIE.
Sea Horizon EC offers panoramic views of the sea and it is in just minutes stroll to Pasir Ris. This is a haven for beach and nature lovers!Sea Horizon EC
It's also conveniently located near to shopping malls including E!Hub@Downtown East and White Sands Retail center to fulfill every dining, retail and banking needs!
Check around the following eligibility criteria!
Procedure on Buying a Executive Condomium (EC) in Singapore
Executive Condominiums really are a special type of Housing and Development Board (HDB) flat. In the reason for investing in a new EC from developer, purchasers are exposed to the current HDB rules. However, after residing in the machine 5 years, the unit may be resold to another Singaporean or Singaporean Permanent Resident. After A decade, the EC is privatized, and is also considered a private condominium, and could be resold to your person, a good foreigner.
This really is contrary 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 capable of buy a EC unit from your developer.
There must be at least one Singapore Citizen because the main applicant. The co-applicant may be another Singaporean Citizen or Singapore Permanent Resident
2. Family Nucleus
The primary applicant as well as the co-applicant must form a legitimate family nucleus, including fiancé/finacee, husband/wife, parent/child, joint singles above 35 years of age, or the orphan scheme.
3 . Age
The primary applicant as well as the co-applicant should be above 21 years old.
4. Ownership of non-public Property
The applicants should never own any private property/EC, and they mustn't have owned any private property/EC within the preceding 30 months.
5. Ownership of HDB flat
The applicants should never have purchased more than twice, these flat types : flat direct from HDB, EC direct from developer, and resale flat using CPF.
6. Meeting of M.O.P. Requirements.
In the event the applicants own a HDB flat, they need to have stayed within the flat for at least Five years.
7. Income Ceiling
The combined earnings of the applicants mustn't exceed $12,000 monthly..
For full Sea Horizon EC Layout, Sea Horizon Price, and details, do visit http://www.projectlaunch.com.sg/seahorizon-ec/