What are Executive Condominiums (EC)?
Executive 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.
Sales of ECs in Open Market
EC owners may sell their apartment in the open market after complying with the minimum occupation period of 5 years from the Temporary Occupation Period (TOP) date. No transaction is permitted before this period is fulfilled. After five years, owners can sell their units to Singapore Citizen and/or Singapore Permanent Resident, and after 10 years they can sell to foreigners and corporate bodies. Upon selling an EC you must wait 30 months before buying any flat direct from HDB.
Sales of ECs in Open Market
EC owners may sell their apartment in the open market after complying with the minimum occupation period of 5 years from the Temporary Occupation Period (TOP) date. No transaction is permitted before this period is fulfilled. After five years, owners can sell their units to Singapore Citizen and/or Singapore Permanent Resident, and after 10 years they can sell to foreigners and corporate bodies. Upon selling an EC you must wait 30 months before buying any flat direct from HDB.
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> First Timer up to $30,000 CPF Housing Grant*
> Low Cash Outlay > No Agent Service Fee |
> Deferred Payment Scheme Available*
> Move-in Condition > Full Condominium Facilities * Terms & Conditions apply |
Current EC projects where land sale is on or after 9 December 2013 (including tenders launched earlier but not closed by 9 December 2013)
Second-timers will have to pay a resale levy when they purchase an EC unit from this project onwards
Rivercove Residences (D19) |
NorthWave (D25) |
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Expected TOP: 4 September 2020
3 BEDROOM UNITS STILL AVAILABLE! 
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Expected TOP: 28 February 2019
3 BEDROOM UNITS STILL AVAILABLE! 
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* Kindly note that owners who have exisiting private properties are not eligible to apply! To check if you are eligible to purchase an EC flat, do check out here.
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