Eligibility for Westwood Residences EC
You must meet the following conditions to buy Westwood Residences EC:
You can refer to HDB website to find out more or you can Contact Us for more eligibility enquiry.
Financing Your Flat
Before buying any flat, it is important to do upfront financial planning to be aware of the financial commitment that is required. For EC purchase, buyers can ONLY take bank loan. Thus do check out your finances with a banker. Below are some information on Housing Grants for eligible first-timer family to buy an EC from the developer.
The amount of resale levy is graded according to the flat type of the flat owners' first subsidised flat. Under the revised policy, flat owners whose first subsidised flat is a 2-room flat will pay a resale levy of $15,000. Those whose first subsidised flat is a 3-room, 4-room, 5-room and Executive flat will pay a resale levy of $30,000, $40,000, $45,000 and $50,000 respectively when they purchase a second subsidised flat.