Supporting Documents

The paper work involved in purchasing an Executive Condominium unit can be overwhelming for individual. It will be advisable to get the following supporting documents ready to ensure a smooth experience when acquiring a new Executive Condominium.

Booking of unit

Income Documents

You and any other applicants and essential occupiers will need to prepare:

Latest 3 months’ payslips if employed full-time
12 months’ of income documents for other employment types
Proof of unemployment if not working

Specific documents are needed depending on your nature of employment. Also, please note that some forms of income/ allowance are not included when assessing your household income.

Aside from these documents, the developer may also request further documentation if needed.

NATURE OF EMPLOYMENT	DOCUMENTS TO SUBMIT	NOTES
Employed person	Latest 3 months’ payslips, i.e. month of application and preceding 2 months Letter from employer certifying salaries for the month of application and the preceding 2 months; the letter must contain the: Company stamp/ letterhead Certifying officer’s name, signature, and designation	Assessment is based on the average gross monthly income, which: Excludes bonuses and income earned from overtime work Includes allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc) Notice of Assessment(NOA) from the Inland Revenue Authority of Singapore (IRAS) is not accepted
Self-employed person	Latest NOA from IRAS or Statement of Annual Accounts certified by an audit firm Valid Accounting and Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) or valid licence of trade	Assessment is based on the average gross monthly income for the past 12 months
Part-time worker	Latest 12 months’ payslips Letter from employer certifying salaries for the last 12 months; the letter must contain the: Company stamp/ letterhead Certifying officer’s name, signature, and designation	Assessment is based on the average gross monthly income for the past 12 months
Commission-based person	Latest 12 months’ commission statements/ payslips Letter from employer certifying salaries for the last 12 months; the letter must contain the: Company stamp/ letterhead Certifying officer’s name, signature, and designation	Assessment is based on the average gross monthly income for the past 12 months
Odd job worker	Latest NOA from IRAS Previous year’s NOA from IRAS	Assessment is based on the average gross monthly income for the past 12 months
Unemployed person (between 18 to 62 years old)	Statutory Declaration to declare the employment status or valid Student Pass if currently a full-time student If unemployed for less than 3 months, the following documents are required: Income proof for the preceding months from the previous employer stating their gross monthly income and last day of service Latest 15 months’ CPF contribution history	The Statutory Declaration can be executed at the HDB Hub Loans Counter or any HDB Branch. Declarants are required to bring along their Identity Cards If not in Singapore, the Statutory Declaration can be made in the presence of a Commissioner for Oaths or Notary Public for that country

Marriage Couple

For marriage couple, you also will need to bring along your marriage certificate when you make your unit booking.

Applying for bank loan

Income documents

Latest 3 months payslips
Latest 12 months CPF contribution history

Exiting Loan Statement

Latest credit card statement (Including credit card you are not using)
Latest loan statements (e.g. existing loan, secured or unsecured loan, auto loan, housing loan, overdrafts, car loan – latest car loan statement + initial car loan agreement showing monthly installment if have outstanding car loan (if any))

CPF

CPF account balance of every borrower
CPF withdrawal statement (applicable only for Deferred Payment and Bridging Loan of ECs purchase)*

IRAS

IRAS view account summary (Executive Condominium new purchase only) *
Latest Notice of Assessment (NOA) for employed. Latest 2 years NOA for self-employed, which can be retrieved from www.iras.gov.sg under notices

HDB Info web printout
Log in to the HDB website at www.hdb.gov.sg with your Singpass. After you have login, select tab “My Flat” at the top. Then select “Flat Details” which will show whether you own any flat with the IC no. Please also do a printout under Financial Info to reflect any outstanding loan.

What should be the procedure in owning an ECs units?
We will hand hold you along every process of the application.