Executive CondominiumExecutive Condominiums (EC) were introduced to cater to Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property to be out of their reach. ECs are comparable in design and facilities to private condominiums as they are developed and sold by the private developers. Essentially, an EC has most if not all the facilities of most condos and is 99-year leasehold.
Read more about the Eligibility Criteria for purchasing an EC. |
Why do EC appeal to Buyers?An Executive Condominium is much more similar to a private condominium, where there are luxurious facilities for owners to enjoy. There’s greater upside for capital appreciation. In addition, purchasers of EC are able to apply and use the Housing Grant for the purchase of the EC unit, if they are eligible and have not apply for it previously
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Why is EC cheaper than Private Condominiums?
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Why is EC Popular?
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