EC BUYER
Executive Condominiums (ECs) are public-private hybrid housing option developed by private developers with support from the Housing & Development Board (HDB). They are designed for households whose income exceeds the eligibility for Build-to-Order (BTO) flats but who may find private condominiums out of reach. ECs come with full condominium facilities, similar to private condos, but are priced more affordably as they are subsidized by HDB.
This makes ECs an attractive option for Singaporeans. However, owners must fulfill a Minimum Occupation Period (MOP) of 5 years before they can sell their ECs on the open market. Buyers must also meet eligibility criteria, including income ceilings and citizenship requirements, similar to those for purchasing a BTO flat.
Latest Bounced Out Units
Last Updated: 14-Feb-2025
Please check here regularly for latest updates.
Current Available EC
| Location | Launch Date | Total Units | Developer | Land Price (PSF PPR) | ||
|---|---|---|---|---|---|---|
| North Gaia | Yishun Close | April 2022 | 616 | Sing Holdings Limited | $576 | Q1 2025 |
| Altura | Bukit Batok West Ave 8 | July 2023 | 360 | CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. | $662 | Q4 2026 |
| Lumina Grand | Bukit Batok West Avenue 5 | January 2024 | 512 | CDL Zenith Pte. Ltd. | $626 | Q3 2027 |
| Novo Grand | Plantation Close | November 2024 | 504 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | $703 | Q1 2027 |
Price Guide
| Pricing | 3 Bedroom | 4 Bedroom | 5 Bedroom | % Sold |
|---|---|---|---|---|
| North Gaia | From $1,293,000 | From $1,775,000 | FULLY SOLD | 95% |
| Altura | FULLY SOLD | FULLY SOLD | From $2,210,000 | 98% |
| Lumina Grand | From $1,364,000 | From $1,846,000 | From $2,130,000 | 87% |
| Novo Place | From $1,328,000 | FULLY SOLD | Not Available | 88% |
**The indicated price is subject to change without prior notice. For the latest price updates, please contact us at 97459959.
North Gaia
North Gaia
North Gaia
Altura
Altura
Altura
Lumina Grand
Lumina Grand
Lumina Grand
Novo Place
Novo Place
Novo Place
*All photos/images are artist's impressions and are for illustration purposes only.
Upcoming ECs
| Project | Location | Estimated Launch Date | Est Units | Developer | Land Price (PSF PPR) |
|---|---|---|---|---|---|
| Aurelle of Tampines | Tampines Street 62 | Q1 2025 | 760 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $721 |
| Tengah EC (Parcel B) | Plantation Close | Q3 2025 | 608 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | $701 |
| Jalan Loyang Besar EC | Jalan Loyang Besar | Q1 2026 | 710 | CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. | $729 |
| Tampines EC | Tampines Street 95 | Q1 2026 | 560 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $768 |
| Senja EC | Senja Close | TBA | 295 | TBA | TBA |
| Woodlands EC | Woodlands Drive 17 | TBA | 435 | TBA | TBA |
EC vs BTO
| EC | BTO | Same Balloting Chances For All Applications (First or Second Time Buyers) | More Balloting Chances For First-Time Buyers |
|---|---|
| 30% Quota For Upgraders (Second Timer) | 95% Quota For First Time Buyers |
| 5 Years Minimum Occuptional Period (MOP) | Minimum Occuptional Period (MOP) of 5 Years (Standard) / 10 Years (Prime/ Plus) |
| No Subsidy Recovery | Subsidy Recovery (Prime/ Plus) |
| No Resale Restrictions | Resale Restrictions (Prime/ Plus) |
EC vs Private Condo
| COMPARISION | EC | Private | Cost Saving |
|---|---|---|
| ABSD Remission | ||
| 75% LTV For Second Home Loan | ||
| Deferred Payment Scheme (DPS) | ||
| Bridging Loan (BL) |
Frequently Ask Questions
When purchasing an Executive Condominium (EC) in Singapore, two primary payment options are available: the Normal Payment Scheme (NPS) and the Deferred Payment Scheme (DPS). To determine which option best suits your needs, feel free to contact us for a consultation.
*Click here for more FAQ.