About Sim Lian Group . The Wander Vale EC Developer

The Sim Lian Group, developer for the Wander Vale EC, started out from humble beginnings in Singapore in 1976. It has its roots in the building & construction industry, from where it built its reputation on principles of flexibility, integrity, commitment to quality, and a culture of excellence.

These tenets continue to undergird the many fulfilling and trusted relationships it shares with its customers and business partners, over the years till the present day.

Treasure Trove condominium by Sim Lian Group . Developer for Wander Vale EC

The ensuing qualities of tenacity, resilience and determination imbued in its people has formed the basis of its growth. It has also enabled the Sim Lian Group to understand the hopes and aspirations of its market – the individuals, families, and investors that it caters for.

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The Wander Vale EC Developer | Synergy & Dynamism

From its roots in the construction industry, the Sim Lian Group added property investment and other supporting divisions to its business. It is now recognised as a comprehensive property player with an extensive portfolio of residential, commercial, industrial, retail and mixed-use projects in the region, that include a couple of EC projects like the Wander Vale EC.

Trillion Project in KL . By Sim Lian Group

The Sim Lian Group’s 2 core activities of property development & construction are highly synergistic, enabling the sharing of resources and savings from economies of scale.

In addition, the Group’s supporting businesses that include electrical and civil engineering, metal works, trading of industrial lubricants and the leasing of mobile sanitation, provides additional value to its core business.

The Sim Lian Group will continue to sharpen its operational efficiency and cost effectiveness while improving the quality of its projects, allowing savings to be passed to its Wander Vale EC customers.

See the Sim Lian Group’s milestones here. (Opens in new window.)

HDB Eligibility Guide for the Wandervale Choa Chu Kang EC

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As the Wandervale is an executive condominium, you must meet HDB’s eligibility criteria (listed below) to purchase a unit at this Choa Chu Kang EC. If you would like help to check your eligibility, please email us via the Contact Form.

Source: HDB web site (www.hdb.gov.sg)

• Main applicant must be Singapore Citizen
• Your application must include at least another Singapore Citizen or Permanent Resident

• All applicants must be at least 21 years old when applying for this Lumina Grand EC
• If applying under the Joint Singles Scheme, both must be at least 35 years old

Applicants must comprise a family nucleus under one of the schemes listed here:

• Public Scheme
  You (the applicant) and;
  * Your spouse, and children (if any)
  * Your parents, and siblings (if any)
  * Your children under your legal custody (if you are divorced or widowed)
• Fiance/Fiancee Scheme
  You (the applicant) and your fiance/fiancee
• Orphan Scheme
  You (the applicant) and;
  * Your unmarried sisters/brothers, or
  * Another unrelated single orphan
• Joint Singles Scheme
  You (the applicant) and another single person

• Your total monthly household income must not exceed SGD$14,000

 

Undischarged bankrupts must seek the Official Assignee (OA)’s consent to apply for the Lumina Grand EC launch. However, they do not need to seek the OA’s approval to be included as an occupier.
 

You, your spouse, and any occupiers & their spouses in this application, must not own or have disposed of, or have any part or share in any private flat, house, building or land (including overseas property).
* Within 30 months before the date of application, and
* Between the application date and date of taking possession of this new Lumina Grand EC.
 

Each Singaporean household is allowed to buy the following housing types only twice:
* a direct flat from HDB;
* a resale flat with the CPF Housing Grant (only applicable to 1st timers);
* a DBSS flat from a developer;
* an Executive Condominium from a developer.

If you’ve already bought 2 such units, you cannot apply for, or be listed as an essential occupier in an application to buy a unit at the Wandervale EC launch.
 

You and any essential family members listed in your application for the new Lumina Grand EC launch, have NEVER:
* Bought a direct flat from HDB, or a DBSS flat or Executive Condo from developer
* Sold a flat bought directly from HDB, or DBSS flat or EC bought from developer
* Received the CPF Housing Grant for the purchase of an HDB resale flat
* Enjoyed other forms of housing subsidy (eg. SERS, privatisation of HUDC estate, etc)

70% of units will be set aside for first-timers during the initial period of the Lumina Grand EC showflat launch.
 

You or the essential family members in your application have owned/sold or are currently owners of:
* Any HDB flat that was bought direct from HDB, or
* Any resale flat that was bought under the CPF Housing Grant Scheme, or
* A DBSS flat or an EC bought from the developer, or
* Have enjoyed other forms of housing subsidy (eg. SERS, privatisation of HUDC estate etc.)

2nd timers buying Wandervale EC are required to pay a Resale Levy. For details on the resale levy, see this page (opens in new window).
 

* Flat bought directly from HDB
* DBSS flat bought from a developer
* Resale flat bought under the CPF Housing Grant Scheme

If you belong to any of the above categories, you may apply to buy a Wandervale EC unit on condition that a 5-year period (excluding any period of subletting the whole flat) has lapsed from the #date of taking possession of the previous flat to date of application for this new Choa Chu Kang EC.

# The date of taking possession refers to following dates:
* Date of key collection, for flats bought directly from HDB
* Date of resale completion, for resale flats bought from open market with CPF Housing Grant
* Date of transfer at market value of flats bought with a CPF Housing Grant
* Date of key collection for EC/DBSS flats bought from a developer
 

Are you, your spouse or any of the essential occupiers listed in the application an ex-owner of an EC unit bought directly from a developer? If so, you would need to wait at least 5 years from the date of taking possession of the earlier EC before applying for this Lumina Grand EC.

30-Month Period
In addition, you need to wait out a 30-month period from the effective date of disposal (i.e., date of legal completion of the sale of your Executive Condominium, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require) of that EC, before you can apply to buy a unit at the Lumina Grand EC showflat launch.
 

Any person applying to buy the Wandervale EC or be listed as an occupier must not currently be listed as an essential occupier of:
* An existing HDB flat bought direct from HDB,
* A DBSS flat bought under the CPF Housing Grant Scheme, or,
* A resale flat bought under the CPF Housing Grant Scheme

However, you may be eligible if you have stayed in the existing flat for at least 5 years from the #date of taking possession of the existing flat to the date of application for this new Lumina Grand EC launch.
 

If you booked a new HDB flat and subsequently cancel your booking, you will have to wait out a 1-year period from the date of the cancellation before you can apply or be listed as an essential occupier for this Lumina Grand EC showflat application.
 

Within 3 years from the date of a divorce, only one party in the divorce can own one of the following housing units:

• Flat bought direct from HDB
• DBSS flat / EC bought direct from a private developer
• Resale flat bought from open market under the CPF Housing Grant Scheme

If there is an existing matrimonial home which is one of the above, and that home is retained by your ex-spouse, you may apply to buy or be listed as an essential occupier in the Wandervale EC only after 3 years your date of divorce.

However, this 3-year wait out period will not apply if you are buying this new Choa Chu Kang EC with your parents or a new spouse.

If there is no matrimonial home or the matrimonial home was bought from the open market without any CPF Housing Grant, you may apply at this Choa Chu Kang EC launch after you obtain your ex-spouse’s consent not to own or be listed as an essential occupier in any of the above housing types within the 3-year period from the date of divorce.

The requirement for ex-spouse’s consent is waived if you are buying this new Choa Chu Kang EC with your parents or a new spouse or if you are buying a resale flat from the open market without the CPF Housing Grant.

The requirement to seek your ex-spouse’s consent during the 3-year period from the date of divorce is also waived if you meet the following conditions:

• All your children are below 18 years old at the date of divorce; and
• You have the legal custody of all your children and are also the only parent with the care and control of all your children

 

A person who bought an EC or DBSS flat with CPF Housing Grant but terminated the Sale & Purchase Agreement may apply to buy a unit at this new Choa Chu Kang EC launch.

However, this is allowed on the condition that a 5-year period has lapsed from the termination date of the Sale & Purchase Agreement of their earlier EC or DBSS flat purchase, to the date of application for this Choa Chu Kang EC.

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Source: HDB Website

Guide to Documents Required for Application for the Wander Vale EC

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To apply for the Wander Vale EC, you need to submit copies of supporting documents as shown below. HDB may also require you to submit other documents subsequently.
 
Overwhelmed or confused by so much detail? Not to worry – just email us below, and we will guide you step by step and simplify it for you.
 

Proof of Identity / Citizenship

Main applicant for the Wander Vale EC must be a Singapore citizen. Family nucleus must comprise at least another Singapore citizen or Singapore Permanent Resident.

Singapore Citizen	Copy of Singapore Identity Card (both sides)
Singapore PR	Copy of Singapore PR Identity Card (both sides)
Non Citizen	Copy of Passport (Particulars Page)

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Proof of Relationship / Marital Status

Fiance-Fiancee	No document now, but submit Marriage Certificate at key collection
Parent-Child / Siblings	Birth Certificates
Married Couple	Marriage Certificate
Separated	Deed of Separation / Petition for Divorce
Divorced	Decree Nisi / Decree Nisi Absolute or Interim Judgement / Certificate of Making Interim Judgment Final & Order of Court / Divorce Certificate for Muslim Divorce
Widow / Orphan	Death Certificate of Spouse / Parent’s Death Certificate & Marriage Certificate
Sole Parent with Child	Order of Court / Custody Documents / Birth Certificates / Legal Adoption Papers
Joint Singles	No document needed but both applicants must be over 35 years old

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Proof of Income

Average gross monthly household income should not exceed $14,000. If it exceeds $14,000, contact us for assistance to apply for the Wander Vale EC, to be considered on a case by case basis.

Employed Person with Fixed Monthly Income	Assessed based on your average monthly gross income over the last 3 months Documents to submit: Latest 3 months’ payslips i.e. month of application and preceding 2 months; or Letter from employer (with company stamp/letterhead, name, signature & designation of certifying officer) stating applicant’s full name & NRIC, tabulating & certifying your Gross salary for month of application for the Wander Vale EC, and preceding 2 months NOTE: Notice of Assessment (NOA) from Inland Revenue Authority of Singapore (IRAS) is not acceptable for employed persons Bonuses do not form part of the assessment for the Wander Vale EC, and will be excluded
Employed Person with Variable Monthly Income   or Commission-based Person   or Part-time Worker	Assessed based on your average monthly gross income for the past 12 months (excluding income from overtime work) which includes allowances (fixed/variable) received on a regular basis (e.g. transport, phone, food, uniform, etc). Documents to submit: Latest 12 months payslips and/or commission statements; or Letter from employer (with company stamp/letterhead, name, signature & designation of certifying officer) stating applicant’s full name & NRIC, tabulating & certifying your Gross salary for the past 12 months
Self-Employed Person	Assessed based on average monthly gross income for past 12 months. Documents to submit: Latest NOA (Notice of Assessment) from IRAS or Statement of Annual Accounts certified by an Audit Firm; and Valid Accounting & Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) / Valid license of business/trade
Odd Job Worker	Assessed based on your average monthly gross income for the past 12 months. Documents to submit: Latest NOA from IRAS; and Previous year’s NOA from IRAS
Unemployed Person	Proof of unemployment Statutory Declaration* to declare employment status; OR Valid Student Pass NOTE: *Applicable to applicants & occupiers of the Wander Vale EC who are between 18 to 62 years old and are unemployed. If the applicants & occupiers are unemployed for fewer than 3 months, the average income will be computed based on number of actual months he/she has worked. The Statutory Declaration may be executed at HDB Hub Sales Office, or at any HDB Branch Office. Click here to locate your nearest branch office. If you are not in Singapore, you can make the Statutory Declaration in the presence of a Commissioner for Oaths or Notary Public in your country of stay. The Statutory Declaration should be done only when you buy a unit, so do it after booking your Wander Vale EC unit, on the same day preferably.

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Types of Income Included

Examples of income types that are included in computation of household income for applying for the Wander Vale EC:

• Earned Income
• Pension
• Stipend
• Sustenance
• Allowances (fixed/variable) received on a regular basis (eg transport, phone, food, laundry, uniform, etc)

Types of Income Not Included

Examples of income types not included in computation of household income for applying for the Wander Vale EC

• Rental income
• Interest from fixed deposit/savings account
• Alimony allowance (divorce cases)
• Bonuses
• Director fees
• Scholarship overseas allowance
• Income earned from overtime work
• National Service Allowance

Source: HDB

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Guide to CPF Housing Grant Eligibility for the Wandervale EC

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The CPF Housing Grant is a housing subsidy (into your CPF account) provided by the Singapore Government. This grant assists eligible 1st timers to buy new ECs, like the Wandervale EC.
 
If you find the details below confusing, just email us below, and we will be glad to answer your queries.
 

Details of the CPF Housing Grant for ECs

• Amount of Grant for EC Buyers
• Eligibility Conditions
• How to Apply for the Grant for the Wandervale
• Can the Grant be Deferred?
• Disbursement of Grant
• Use of Grant

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Amount of Grant for the Wandervale EC Buyers

Buyer with Average Gross Monthly Household Income up to $10,000.

TYPE OF GRANT AVAILABLE	AMOUNT
	SC / SC Household	SC / SPR Household
CPF Housing Grant for Family	$30,000	$20,000#
Half Housing Grant (If you are a 1st timer citizen & your spouse has previously taken a housing subsidy)	$15,000

^#If you are a Singapore Citizen (SC) married to a Singapore Permanent Resident (SPR) (that is, an SC/SPR household), you can apply for the Citizen Top-Up Grant when your SPR family member gets Singapore Citizenship or when you have an SC child.
 

EC Buyer with Average Gross Monthly Household Income from $10,001 to $11,000

(For ECs launched for sale from 15 August 2011 onwards, such as the Wandervale EC, 1st timer households with monthly income between $10,001 to $11,000 may get a Housing Grant of $20,000.)

TYPE OF GRANT AVAILABLE	AMOUNT
	SC / SC Household	SC / SPR Household
CPF Housing Grant for Family	$20,000	$10,000#
Half Housing Grant (If you are a 1st timer citizen & your spouse has previously taken a housing subsidy)	$10,000

^#If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family member takes up Singapore Citizenship or when you have an SC child.
 

EC Buyer with Average Gross Monthly Household Income from $11,001 to $12,000

(For ECs launched for sale from 15 August 2011 onwards, such as the Wandervale EC, 1st timer households with monthly income between $11,001 to $12,000 may get a Housing Grant of $10,000.)

TYPE OF GRANT AVAILABLE	AMOUNT
	SC / SC Household	SC / SPR Household
CPF Housing Grant for Family	$10,000	$0#
Half Housing Grant (If you are a 1st timer citizen & your spouse has previously taken a housing subsidy)	$5,000

^#If you are from an SC/SPR household, you can apply for the Citizen Top-Up when your SPR family member takes up Singapore Citizenship or when you have an SC child.
 
Read more on the Citizen Top-up (opens in new window).
 

Buyers with Average Gross Monthly Household Income above $12,000.

If your monthly household income is above $12,000, then the CPF Housing Grant does not apply.

 
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Eligibility Conditions

CRITERIA	DETAILED DESCRIPTION
Citizenship	You must be a Singapore Citizen. Your family nucleus must comprise at least another Singapore Permanent Resident or Singapore Citizen.
Age	21 years old and above
Family Nucleus	You are applying for the Wandervale EC with your: Spouse and children (if any), or Fiancé/fiancée (must be able to produce your marriage certificate, latest by the date of key collection when the Wandervale EC completes), or Children under your legal custody, care and control (if widowed or divorced)
Household status	You and the essential family members listed in the application for purchase of a unit at the Wandervale EC must not: Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought with CPF Housing Grant from the developer Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought with CPF Housing Grant from the developer Have received the CPF Housing Grant for the purchase of an HDB resale flat Have taken other forms of housing subsidy (e.g. benefitted under the Selective En bloc Redevelopment Scheme, or privatisation of HUDC estate, etc)

 
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How to Apply

You may apply for the CPF Housing Grant when you book a unit with the developer. You will be provided the form to apply for the grant, and the developer will submit this form with the rest of your application for the Wandervale EC.

 
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Can the Grant be Deferred?

Can 1st Timer Buyers ‘keep’ the CPF Housing Grant for purchase of the next BTO or EC instead?

• No. The CPF Housing Grant cannot be kept for the next BTO / EC purchase. If you don’t use it for your first EC purchase, you will forfeit it.
• Furthermore, even if you don’t take the grant this time, you will still be subject to the resale levy if you buy a BTO HDB flat or another new EC in future.
• So if you are eligible, you should avail yourself of the CPF Housing Grant now. As you progress in your career, your income is likely to increase, which could make you ineligible to purchase an EC or get the grant in future.

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Disbursement of Grant

The Grant is given only to the Singapore Citizen (not the SPR spouse).

APPLICANT(S) BUYING WANDERVALE EC	AMOUNT
Sole Applicant	Full grant.
Joint Applicants (husband & wife)	Half of the full grant each.
Joint applicants who are not husband & wife (e.g. married siblings, parents & married child)	Grant given only to one eligible applicant per flat.

Disbursement of Top-Up Grant
The Top-Up Grant is given only to the Singapore Citizen spouse (not the Singapore Permanent Resident spouse) who is listed as an owner or applicant of the Wandervale EC.

 
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Use of Grant

The CPF Housing Grant will be credited to your CPF Ordinary Account & treated as part of your CPF fund. It can be used to pay for the CPF portion of the downpayment for the Wandervale EC at the time of signing of the Sales & Purchase Agreement, after you have paid the cash payment (if applicable), or to reduce the mortgage loan.

The CPF Housing Grant will be included in the computation of the CPF withdrawal limit for your Wandervale EC purchase.

Source: HDB

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THE WANDERVALE EC · SHOWFLAT VIEWING · E-APPLICATION

If you would like assistance on assessing your CPF Housing Grant Eligibility, or to register for a showflat viewing or e-application or the CPF Grant itself, please email here.