Rivercove Residences Executive Condominium EC @ Anchorvale Lane. View Rivercove Residences Showflat, Location, Floor Plan. Sales Hotline: 6100 8806Read 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
Hundred Palms Residences Floor Plan Location Showflat Hundred Palms Residences is a new executive condominium developed by Hoi Hup Realty strategically located at Yio Chu Kang Road, District 19 Singapore. Found right at the heart of two huge enclaves, Yio Chu Kang and Hougang districts, where utmost convenience is just within its doorsteps. It features 9 blocks of 15 storeys each which houses a total of 531 impressive condo units awaiting one's arrival. Renowned property developer has garnered property design awards due to its array of exlusive work when it comes to commercial, properties, housing and hotel developments. Hundred Palms Residences guarantees...Read More
The Vales EC Floor Plan Price Showflat The Vales EC is a new executive condominium property that is well located at Anchorvale Street/ Anchorvale Crescent in the Sengkang estate in District 19, Singapore. This property is excellently developed by the popular developer Achorvale Residences Pte Ltd. with the joint venture of Singhaiyi Group Ltd and Kay Lim Holdings Pte Ltd. This eminent developer has a strong track record and is veteran and skillful in the property development industry. The Vales EC offers residential units that differently varies by number of rooms. Each unit is fabulously designed with classic layout to guarantee that...Read More