Parc Greenwich Condos are particularly a favourite of foreign clients. Singapore authorities accustomed have a rule out that a far off buyer might solely purchase an living accommodations during a building over six stories and also the apartment had to be classified as a abodeminium. This rule now not applies, however has not interfered with condo sales at intervals buildings. website about North Gaia now
However to get a Parc Greenwich condo as a results of what’s referred to as govt Condominium comes (EC), you need to be a Singapore national or resident and the purchase must manifest itself anyplace between the sixth and tenth year from the date the Temporary Occupation allow was granted. Any foreigners or corporate bodies who don’t seem to be permanent residents of Singapore are not eligible to get an international organisation. however the great news is that if you’re a foreigner or a part of a company body, you’ll be able to purchase an EC if it’s in its eleventh year from the date the Temporary Occupation allow was issued.
Thus if you are a permanent national or a corporate body who needs to purchase an EC, the suitable action is to find the developer in this specific space to receive the data you wish to make your purchase. If you’re a foreigner or corporate body desirous to purchase an international organisation, you must additionally talk over with the developer within the space you are curious about in order that you’ll notice what ECs are in their eleventh year and beyond.
However if you wish a decent Parc Greenwich condo, you’ll be able to go the EC route otherwise you can explore living accommodations buildings that have flats that are classified as condos. It a lot of or less depends on your citizenship, if you are a part of a company body that has resettled in Singapore, or what kind of money you’re willing to spend. though property costs at intervals Singapore have seen a rise, that rise is thanks to the demand and success of the economy, that can not be overlooked.