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Singapore legislation

Regulation 3

of Executive Condominium Housing Scheme (Eligibility) Regulations 1996

Regulation 3

Eligibility conditions

Any person who satisfies the following conditions is eligible to purchase a housing accommodation under the executive condominium scheme prior to the expiry of the minimum occupation period:

(a)

he or she is a Singapore citizen or, in the case of a joint‑application to purchase the housing accommodation with a Singapore citizen, he or she is a Singapore citizen or a permanent resident, and at least one of the intended occupiers of the housing accommodation is a Singapore citizen or permanent resident;

(b)

he or she is part of a nucleus family which must occupy the housing accommodation;

(c)

the total gross monthly income of all the persons constituting the nucleus family, as at the date of making the application to purchase the housing accommodation, does not exceed $16,000;

(d)

he or she has not entered into any agreement for the sale and purchase of any housing accommodation under the executive condominium housing scheme or any public housing accommodation; and

(e)

he or she satisfies or complies with the terms and conditions contained in the application to purchase the housing accommodation issued by the developer.