SINGAPORE: Some property observers say imposing a resale levy on those upgrading from a HDB flat to an executive condominium (EC) could be one of the tweaks the government may make to the current EC scheme.
But they remain divided over the relevance of the current EC scheme in today's market.
National Development Minister Khaw Boon Wan had said on Thursday that the EC scheme cannot carry on in its current form.
Tagged in:
Additional Government Housing Grants
Executive Condo EC
Forestville EC in Woodlands
Government Subsidies
Grants for Permanent Residences SPR
Grants for Singaporeans SCs
Land sold for Anchorvale Crescent EC coming 2014
Land sold for Punggol Central coming 2014
Land sold for Punggol Drive EC coming 2014
Land sold for Woodlands EC coming 2014
Resale Levy
Sky Park Residences EC in Sembawang
Waterwoods EC in Punggol