Kopi & House

Executive Condominium

Location: Tampines Sengkang Canberra Yishun Tengah

Why Consider Executive Condo?

EC Grant up to $30k

First-timer are eligible to obtain up to $30k Grant

Lower Price Compare To Condo

ECs are typically priced 20-30% lower than private condo.

Good Location

Forget about ECs "ulu location". Most of the ECs now are near MRT.

Cheapest Condominium in Singapore 2024

Executive condominiums (ECs) are a type of public housing available in Singapore that provide an option to HDB flats and private condominiums. Here are some advantages of buying an executive condominium in Singapore:

Affordability: Since ECs are frequently less expensive than private condominiums, they provide a more sensible choice for eligible buyers.

CPF Housing Grant: Qualified buyers can benefit from a number of government housing initiatives, such as the CPF Housing Grant, to further reduce the cost of purchasing an EC. The CPF Housing Grant for first timer is up to $30k.

Benefits and Features: Just like private condominiums, estate communities usually provide a range of features and services, such as fitness facilities, swimming pools, and exquisitely designed gardens. In short, executive condominiums consist of full condo facilities, yet selling way below condo price.

Executive Condominium

Eligibility

Family Nucleus

Public Scheme
Fiancé/Fiancée Scheme
Orphans Scheme
Joint Singles Scheme

Age

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

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

Income Ceiling

Your household income must not exceed $16,000 income ceiling.

First or Second Timer

You must be first or second timer to be eligible to purchase an EC.

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