Compare Listings

Executive Condominium is different from Private Condominium in that only applicant who meet the basic eligibility conditions will be entitled to purchase an EC unit.

Family nucleus

You will need to qualify for the EC under one of these eligibility schemes:

  • Public Scheme
    • You must be a Singapore Citizen and at least 21 years old at the time of application.
    • Your family nucleus must comprise at least another Singapore Citizen or Singapore Permanent Resident.
    • Family Nucleus Requirement: You, the applicant and your spouse or your parents or your children under your legal custody, care and control (for widowed/ divorced).
  • Fiance/Fiancee Scheme
    • You must be a Singapore Citizen and at least 21 years old at the time of application.
    • If your fiance/fiancee is below 21 years of age, he or she can only be listed as an occupier in your EC application.
    • If your fiance/fiancee is below 21 but above 18 years of age, a written consent from the parents or guardians must be submitted with your EC application.
  • Orphans Scheme
    • You must be a Singapore Citizen and at least 21 years old at the time of application
    • A single orphan applicant and all his unmarried siblings are to be listed in the same application
    • At least one of your deceased parents was Singapore Citizen or Singapore Permanent Resident
  • Joint Singles Scheme
    • You may apply with another single person.

Citizenship

  • You must be a Singapore Citizen
  • At least 1 other applicant must be a Singapore Citizen or Singapore Permanent Resident
  • All singles must be Singapore Citizens if applying under the Joint Singles Scheme

Age

  • At least 21 years old
  • At least 35 years old, if applying under the Joint Singles Scheme

Income ceiling

  • Your household income must not exceed the $14,000 income ceiling.

Property ownership

  • You do not own other property overseas or locally, or have not disposed of any within the last 30 months
  • You have not bought a new HDB/ DBSS flat or EC, or received a CPF Housing Grant before; or, have only bought 1 of these properties/ received 1 CPF Housing Grant thus far

Undischarged bankrupts

  • Undischarged bankrupts need to seek the Official Assignee (OA)’s consent if they are applying for an EC.
  • However, they do not need to seek the OA’s approval to be listed as an occupier.

First-timer applicant

First-timers enjoy privileges and priority in flat allocation.

Yours will be treated as a first-timer application if you and any of the other listed owners and essential occupiers meet the following criteria:

  • Not the owner of a flat bought from HDB, or an EC/ DBSS flat bought from a developer
  • Not sold a flat bought from HDB, or an EC/ DBSS flat bought from a developer
  • Not received any CPF Housing Grant for the purchase of an HDB resale flat
  • Not taken any form of housing subsidy (e.g. benefitted under the Selective En bloc Redevelopment Scheme (SERS) or HUDC estate privatisation)

If you are a second-timer and your spouse/ spouse-to-be is a first-timer, you will be glad to know that you and your spouse/ spouse-to-be will enjoy first-timer privileges and priority as a couple.

Second-timer applicant

Yours will be treated as a second-timer application if any of the following applies to you or any of the other listed owners and essential occupiers:

  • Have owned or sold any of the following:
    • HDB flat bought from HDB
    • Resale flat bought using a CPF Housing Grant
    • EC/ DBSS flat bought from the developer
  • Once taken some form of housing subsidy (e.g. benefitted under the Selective En bloc Redevelopment Scheme (SERS), HUDC estate privatisation)

Existing Owner or Ex-Owner of an HDB Flat

Are you, your spouse or any of the occupiers listed in the application an existing owner or ex-owner of a:

  • Flat bought directly from HDB
  • DBSS flat bought from the developers
  • Resale flat bought under the CPF Housing Grant Scheme

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

Ex-Owner of an EC

Are you, your spouse or any of the essential occupiers listed in the application an ex-owner of an Executive Condominium bought directly from the developer? If yes, you would need to meet a 5-year period from the date of taking possession of the earlier Executive Condominium.

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 their Executive Condominium, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require) of the Executive Condominium before you can apply to buy another Executive Condominium directly from the developer.

Essential Occupiers

You or any person listed the application must not be currently listed as an essential occupier of:

  • An existing HDB flat bought directly from HDB,
  • A DBSS flat bought under the CPF Housing Grant Scheme, or,
  • A resale flat bought under the CPF Housing Grant Scheme

However, an essential occupier may apply or be included in an application only if he has stayed in the existing flat for 5 years from the date of taking possession of the existing flat to the date of application for an EC.

Divorcees

in case of a divorce, conditions will apply for the following types of property:

  • Flat bought from HDB
  • Resale flat bought with a CPF Housing Grant
  • DBSS flat/ EC bought from the developer

3-year wait-out period
For 3 years from the date of the divorce, only 1 party in the divorce can own any of the above properties
If any of the above properties was the matrimonial home and is now owned by your ex-spouse, you must wait for 3 years before you can buy or be listed as an essential occupier in one
If the matrimonial home was not one of the above, or if there was no matrimonial home, 1 party can apply for the abovementioned property types. However, the other party must first undertake to not own or be listed as an essential occupier of said properties for 3 years from the date of the divorce

Exception
There is no need for any 3-year wait-out period or undertaking if you are:

  • Buying one of the above properties with your parents and/ or new spouse
  • A parent meeting these conditions:
    • ​All of your children are aged below 18 at the date of the divorce
    • All the children are under your legal custody and you are the only parent given the care and control of your children

Note: The 3-year wait-out period will not apply where the Option-to-Purchase (OTP) is granted on or after 6 Mar 2018.

Cancelled an HDB flat application after booking a flat

If you booked a new HDB flat and subsequently cancel your booking, you must wait out a 1-year period from the date of the cancellation before you can apply or be listed as an essential occupier of a:

  • New HDB flat
  • DBSS flat/ EC bought from a developer
  • Resale flat bought using a CPF Housing Grant
  • Resale flat announced for SERS

Terminated the Sale and Purchase Agreement for an EC/ DBSS flat

If you had previously bought a DBSS flat/ EC using a CPF Housing Grant and subsequently terminated the Sale and Purchase Agreement, you must wait out a 5-year period from the date of the termination before you can apply or be listed as an essential occupier of an EC.

Selling of current HDB / DBSS flat in the open market

If you currently own an HDB / DBSS flat, you and/or your spouse must dispose of the flat within 6 months from the date of issuance of the Temporary Occupation Permit in respect of the Executive Condominium (EC).If you intend to apply to purchase an EC where the Temporary Occupation Permit for the EC has been issued, you will be required to dispose of your existing HDB / DBSS flat within 6 months from the date the Developer serves the Notice of Vacant Possession on you.

Taking a Housing Subsidy

You and your spouse will be considered as having taken a housing subsidy when you buy an EC under the CPF Housing Grant Scheme from the developers.

Citizen Top-Up
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 a SC child.

Minimum Occupation Period (MOP)

Sale of EC

  • You have to occupy the EC for 5 years before you can sell it in the open market.

Essential occupiers in EC

  • Occupiers who are essential in the forming of a family nucleus with you in the EC application must continue to be listed in the application and stay in the EC during the 5-year Minimum Occupation Period (MOP).
  • They cannot make a separate application, or to be listed as occupiers in another application to purchase an HDB flat or another EC within the MOP.

Renting out your EC

Renting out the whole EC unit

  • Renting out of whole EC unit within the 5-year Minimum Occupation Period (MOP) is not allowed.

Renting out rooms

  • No prior approval from HDB is required if you rent out your bedroom(s) in the EC within the MOP. However, with effect from 1 Feb 2010, you must register the subletting of bedrooms with HDB within 7 days of doing so. You are also required to notify HDB when you renew or terminate the subletting of bedrooms, and when there are changes to your subtenants’ particulars. You may approach the HDB Branch managing your EC to register the subletting.

Buying another subsidised housing

After selling your EC in the open market, you must wait for 30 months before you can submit an application to buy:

  • a new flat from HDB; or
  • an apartment under the Design, Build and Sell Scheme (DBSS) from developers; or
  • another EC from developers.

Resale Levy

The resale levy is meant to reduce the housing subsidy on the flat buyers’ second subsidised flat. It also ensures a fairer allocation of housing subsidies among flat buyers.

You are liable to pay a resale levy of $55,000:

  • When you sell an EC bought with the CPF Housing Grant after meeting the MOP, and, after meeting a 30-month waiting period, buy a second subsidised flat from HDB or take over ownership of another subsidised HDB flat
  • Buy an Executive Condominium (EC) from a developer where the land sale was launched on or after 9 December 2013

If you do not intend to buy a second subsidised flat from HDB, for example, if you are buying a resale flat, a new DBSS flat, an EC from the developer, or a private residential property, you need not pay the resale levy.

Interest in Private Property

You cannot invest in private residential property during the 5-year minimum occupation period.

Executive Condominium (EC) owners who have occupied their EC and met the 5-year minimum occupation period (MOP) can sell their EC in the open market. The 5-year MOP is computed from the date of issuance of Temporary Occupation Permit (TOP) in respect of each EC.After the 5-year MOP, from 6th to 10th year, EC can be sold in the open market to those who can meet the following eligibility conditions.

Citizenship

  • You must be a Singapore Citizen (SC) or a Singapore Permanent Resident (SPR) in order to buy a EC in the 6th to 10th year occupation period
  • Foreigners and corporate bodies can buy ECs in the open market from 11th year of the EC project. All restrictions will be lifted from 11th year onwards

Family Nucleus

  • You need not form a family nucleus to buy a EC from the open market.
  • For e.g. a single person above 21 can buy a EC from the open market.

CPF Housing Grant

  • Buyers of resale ECs are not eligible for CPF Housing Grant as such ECs are treated as equivalent to “private housing”.

For more information in details, please refer to HDB Website