Your Complete Guide to Buying an Executive Condominium (EC) in Singapore

What Is an Executive Condominium?

Executive Condominiums (ECs) present a distinctive housing option for eligible Singaporean households, offering a blend of public affordability and private lifestyle. Developed and sold by private developers, these strata-titled homes are priced more affordably than private condominiums, yet offer similar facilities and design features.

ECs are often referred to as hybrid housing—privately built but subsidised by the Government for a limited period. While they share many similarities with private condominiums, buyers must fulfil specific eligibility criteria and observe ownership and resale restrictions, particularly during the initial ten years. This guide outlines everything you need to know about purchasing an EC, from qualifying conditions and application procedures to post-purchase requirements.

List of Executive Condominium

Project Name	Location	Number of Units	Developer	TOP
Otto Place	Plantation Close	600	Hoi Hup Sunway Plantation Pte Ltd	Under Construction
Aurelle of Tampines	Tampines Steet 62	760	Sim Lian JV (Northbank) Pte Ltd	Under Construction
Novo Place	Plantation Close	504	Hoi Hup Sunway Jurong Pte Ltd	Under Construction
Lumina Grand	Bukit Batok West Avenue 5	512	CDL Zenith Pte Ltd	Under Construction
Altura	Bukit Batok West Avenue 8	360	CNQC-OS (2) Pte Ltd and SNC Realty Pte Ltd	Under Construction
Tenet	Tampines Street 62	618	TQS Development Pte Ltd	Under Construction
North Gaia	Yishun Avenue 9	640	Sing Holdings (Yishun) Pte Ltd	Under Construction
Copen Grand	Tengah Garden Walk	615	Taurus Properties SG Pte Ltd (City Developments Ltd & MCL Land)	30 April 2025
Parc Central Residences	Tampines Avenue 10	700	Hoi Hup Sunway Tampines J.V. Pte Ltd	18 July 2024
Provence Residence	Canberra Link	413	MCC Land (Singapore) Pte Ltd	3 June 2024
Parc Greenwich	Fernvale Lane	496	Frasers Property Limited	9 May 2024
OLA	Anchorvale Crescent	548	Evia Real Estate and Gamuda	29 April 2024
Parc Canberra	Canberra Link	495	Hoi Hup Realty Pte Ltd	12 September 2023 21 September 2023
Piermont Grand	Sumang Walk	820	Pavo Properties Pte Ltd	3 January 2023
Rivercove Residences	Anchorvale Lane	628	Hoi Hup Realty Pte Ltd	2 October 2020
Hundred Palms Residences	Yio Chu Kang Road	500	Hoi Hup Realty Pte Ltd	18 December 2019
iNz Residence	Choa Chu Kang Avenue 5	497	Qingjian Realty (Choa Chu Kang) Pte Ltd	30 April 2019
Northwave	Woodlands Avenue 12	358	Hao Yuan (Woodlands) Pte Ltd	11 February 2019
Treasure Crest	Anchorvale Crescent	504	Sim Lian (Anchorvale) Pte Ltd	14 September 2018
The Visionaire	Canberra Drive	632	Qingjian Realty (Sembawang) Pte Ltd	14 June 2018
Sol Acres	Choa Chu Kang Grove	1327	MCL Land (Brighton) Pte Ltd	12 March 2018 26 April 2018
Parc Life	Sembawang Avenue	628	Sembawang Residences Pte Ltd	29 March 2018
Wandervale	Choa Chu Kang Drive	534	Sim Lian (Starlight) Pte Ltd	14 March 2018
The Criterion	Yishun Street 51	525	Island Glades Developments Pte Ltd	26 February 2018
The Brownstone	Canberra Drive	638	Canvey Developments Pte Ltd	30 October 2017
Westwood Residences	Westwood Avenue	480	KBD Westwood Pte Ltd	24 October 2017
Signature At Yishun	Yishun Street 51	525	JBE Holdings Pte Ltd	14 July 2017
The Terrace	Edgedale Plains	747	Peak Square Pte Ltd	25 May 2017
Bellewaters	Anchorvale Crescent	651	Qingjian Realty (Anchorvale) Pte Ltd	03 May 2017
The Vales	Anchorvale Crescent	517	Anchorvale Residences Pte Ltd	02 May 2017
Bellewoods	Woodlands Avenue 5	561	Qingjian Realty (Woodlands) Pte Ltd	16 March 2017
Lake Life	Tao Ching Road	546	Lakehomes Pte Ltd	30 December 2016
The Amore	Edgedale Plains	378	MKH (Punggol) Pte Ltd	28 November 2016
Sea Horizon	Pasir Rise Rise	495	Hao Yuan Development Pte Ltd	7 October 2016
Ecopolitan	Punggol Walk	512	Qingjian Realty (Punggol Way) Pte Ltd	29 August 2016
SkyPark Residences	Sembawang Crescent	506	Oasis Development Pte Ltd	10 August 2016
Lush Acres	Fernvale Close	380	Verspring Properties Pte Ltd	30 July 2016
Forestville	Woodlands Drive 16	653	Hao Yuan Investment Pte Ltd	1 April 2016
The Topiary	Fernvale Lane	700	Peak Living Pte Ltd	22 Mar 2016
Twin Fountains	Woodlands Avenue 6

Who is Eligible to buy an EC?

To purchase an EC from a developer, you must meet several eligibility conditions:

1. Forming a Valid Household
You must apply under one of the following family arrangements:
– You and your spouse or fiancé/fiancée
– You, your spouse and child(ren)
– You and your parents and siblings
– You and your child(ren) under legal custody (for divorced or widowed applicants)
– Orphaned siblings who are single and applying together
– Up to four single Singapore Citizens applying jointly (all must be aged 35 and above)

2. Citizenship
– At least one applicant must be a Singapore Citizen (SC)
– The other applicant(s) must be either SCs or Singapore Permanent Residents (SPRs)

3. Age
– At least 21 years old (35 years for joint singles applications)

4. Income Ceiling
– The combined gross monthly household income must not exceed $16,000.

5. Property Ownership
– Applicants and occupiers must not own or have disposed of any private residential property within 30 months before applying.
– Households may own no more than one non-residential property at the time of application (for EC launches from 9 May 2023 onwards).

CPF Housing Grants for EC Buyers

First-time buyers may qualify for CPF Housing Grants of up to $30,000, depending on household income and citizenship status. Singapore Citizen/Singapore Permanent Resident (SC/SPR) households may also apply for a $10,000 Citizen Top-Up when the SPR family member obtains citizenship or has a Singapore Citizen child.

Monthly Income	SC/ SC Household Grant	SC/ SPR Household Grant
$10,000 and below	$30,000	$20,000
$10,001 – $11,000	$20,000	$10,000
$11,001 – $12,000	$10,000	Nil
$12,001 – $16,000	Nil	Nil

Step-by-Step EC Buying Process

Conditions After Buying an EC

1. Minimum Occupation Period (MOP)
You must occupy the unit for five years from the date of the Temporary Occupation Permit (TOP). During this period:
– You cannot sell or rent out the entire unit
– Core occupiers must physically reside in the unit

2. Renting Out Rooms
Renting out individual rooms is allowed during the MOP, but registration with HDB is required within seven days.

3. Ownership of Other Properties
You may only invest in private property after fulfilling the 5-year MOP.

4. Buying Another Property
A wait-out period of up to 30 months may apply before you are eligible to buy another subsidised HDB flat after selling your EC.

Other Key Considerations

Previous Housing Subsidies
If you have received one housing subsidy, you are considered a second-timer and may need to pay a resale levy. Households with two prior subsidies are ineligible to apply for another subsidised EC.

Undischarged Bankrupts
Applicants who are bankrupt must obtain consent from the Official Assignee to be listed as buyers (not required for occupiers).

Resale Levy
A resale levy of $55,000 may be applicable when:
– You sell your EC and later purchase another subsidised flat or EC
– You previously enjoyed a CPF Housing Grant for the EC purchase