Copen Grand EC presents a new luxury executive condominium by Taurus Properties SG Pte Ltd. View Copen Grand Showflat, Brochure, Floor Plan, Price Guide, Location, Review here.Read More
Category: Executive Condominium for Sale Singapore
Executive Condominium, often know as EC is a type of housing that is governed by HDB yet is enclosed with private condo facilities. It balance out public and private housing by providing a cheaper form of housing as compared to private housing, yet is equipped with condo facilities. EC is often sold at a subsidise rate from private developer.
Being a hybrid of public housing, executive condominium will be subjected to hdb regulations such as income ceiling of $14,000, buyers forming a family neclues etc.
Purchaser of the Executive Condominium have to keep the unit for 5 years after TOP. During this 5 years, the unit cannot be rented out whole unit or sold. After 5 years from TOP then it can be sold to Singapore Permanent Residents (PRs) or Singaporean. Only once it reach 10 years before it reach a condo status that can be sold to foreigners.
Executive Condominium (EC) Eligibility Conditions
|Family Necleus||Eligibility schemes
– Joint Singles Scheme
– Orphans Scheme
– Public Scheme
– Fiance / Finacee Scheme
|Age||– At least 35 years old if under Joint Singles Scheme
– at least 21 years old
|Income Ceiling||– not most than $14,000 household income|
|Citizenship||– Singaporean Citizen
– All Singles must be Singapore Citizen when applying under joint singles
– At least 1 applicant must be Singapore Citizen or Singapore Permanent Resident
|Property Ownership||– No property locally or oversea or have not disposed any properties within last 30 months
– Have not received CPF Housing Grant before
– Have not bought new HDB / DBSS / EC
Parc Greenwich is a brand new executive condominium development by Fernvale Lane Pte Ltd. This development is comprised of a good number of home units that varies between 3 to 5-bedroom luxury units. About 499 units occupy the 15-storey development that has a 99-year leasehold tenure.Read More
Parc Central Residences presents a new executive condo at Tampines Street 62 by Hoi Hup. Comprises of choice units from 3 to 5 bedrooms, Parc Central Residences provide a good unit mix for young couples and big families. View Parc Central Residences showflat, Brochure, Floor Plan, Price, Location, Review. Sales Hotline: +65 ☎️6100 8806Read More