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What is Executive Condominium (EC)?

Hybrid of public and private housing in Singapore.
➢ Resemble private condominiums with a gated compound with security, facilities like swimming pools, clubhouses, playgrounds etc.
➢ Built and sold by private developers, at a price lower than private homes because the land prices are subsidised by the Government.
➢ Buyers need to meet several eligibility conditions such as citizenship, age, income, and property ownership.
➢ Buyers can take Central Provident Fund (CPF) grants to pay for an EC bought from a developer.
➢ EC is subject to some regulations that apply to HDB flats.
➢ Buyers' household income must not exceed $16,000.
➢ Minimum occupancy period (MOP) of five years.
➢ Resale levy applies to ECs whose land sales were launched on or after 9 December 2013

Here is the summary of eligibility conditions of buying EC

ec_eligibility_buying_conditions

Buying Guide

Available EC Projects

EC ProjectSuccessful TendererLand Bid Price
Price Per Plot RatioNo of Units
Bukit Batok West Avenue 5
Lumina Grand EC
City Developments (CDL)$336.068 million$626 psf/ppr512 units
Bukit Batok West Avenue 8
Altura
Qingjian Realty and Santarli Construction$266 million$661.67 psf/ppr360 units
Tampines Street 62 (Parcel A)
Tenet EC
Qingjian Realty, Octava Pte Ltd & Santarli Realty$422 million$659 psf/ppr~590 units
Tengah Garden Walk
Copen Grand
Taurus Properties SG Pte. Ltd.$400.32 million$603 psf/ppr639 units
North Gaia (Yishun Ave 9)Sing Holdings Limited$373.5 million$576 psf/ppr616 units
Parc Greenwich (Fernvale Lane)FCL Lodge Pte. Ltd.$286.54 million$555 psf/ppr496 units
Provence Residence (Canberra)MCC Land (Singapore) Pte Ltd$233.89 million$566 psf/ppr 413 units
Parc Central Residences (Tampines Ave 10)Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd $434.4 million$578 psf/ppr700 units
OLA (Anchorvale Crescent)Evia Real Estate (S) Pte Ltd & Gamuda (Singapore) Pte Ltd$318.8 million$576 psf/ppr548 units
Parc Canberra (Canberra Walk)Hoi Hup Realty Pte Ltd & Sunway Developments Pte Ltd$271 million$558 psf/ppr496units
Piermont Grand (Sumang Walk)CDL Constellation Pte. Ltd. and TID Residential Pte. Ltd.$509.37 million$583psf/ppr820 units
Rivercove Residences (Anchorvale Lane)Hoi Hup Realty Pte Ltd & Sunway Developments Pte Ltd
$241 million$355psf/ppr628 units

Upcoming EC Projects

LocationSuccessful TendererAwarded DateLand Bid Price
Price Per Plot RatioNo of Units
Senja Close- ReservedTBATBATBATBA~300 units
Jalan Loyang Besar ( May 2024 tender)TBATBATBATBA~ 710 units
Tengah Plantation Close (Parcel B)
Plantation Tengah EC
Hoi Hup Realty and Sunway Developments14 February 2024$423.38 million$701 psf /ppr~ 560 units
Tampines Street 62 (Parcel B)
Tampines North EC
Sim Lian Land and Sim Lian Development9 Oct 2023$543 million$721 psf/ppr~ 700 units
Tengah Plantation Close (Parcel A)
Plantation Tengah EC
Hoi Hup Realty and Sunway Developments11 Sept 2023$348.5 million$703 psf /ppr~ 495 units
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