EXECUTIVE CONDOMINIUM (EC) in Singapore came with Minimum Occupation Period (MOP) of five years before they can be sold on the open market. Between the 6th & 10 years, only Singaporeans (SC) and Singaporean Permanent Residents (SPR) can purchase them, while Foreigners can only do so from the 11th year.

Findings show that EC is a practical alternative to private condominium. They augur well for the EC market and buyers will feel even more confident that EC are reasonable investments to commit to. Upon after 5 years of MOP, prices rose in tandem with private condominium and even surpassed new EC.

There are several Executive Condominium launched for sale in parts of Singapore. Followings are some related articles on EC launches. Hope that these could help you on your decision to select your dream home.

UNITS ARE OPEN FOR SALE NOW!
Welcome to CALL 96462822

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NEW LAUNCH EXECUTIVE CONDOMINIUM ⭐️LUMINA GRAND by CDL ⭐️

Comprising 512 units of 2 blocks 12 storeys & 8 blocks 13 storeys. 2 levels of Basement Carpark, Tennis Court, Swimming Pool, Beautiful Landscape Deck, Clubhouse & Communal Facilities. Located within 1km to ACS Primary School.

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For brochures/prices, appointments & enquiries / contact 96462822 for more details

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THE ONLY EC LAUNCH IN YEAR 2023

ALTURA Executive Condominium
LONG AWAITED EC LAUNCH
After 22 Years In Bukit Batok New Town

Developed by Renowned Developer Qingjian Realty and Santarli.️
🔸 Land Size of 12,499 sqm
🔹 6 Blocks | 15 Storey
🔸 360 Luxury Units of 3BR – 5BR
🔹 Mins Walk to Tengah Park MRT Station
🔸️ Within 1km to Anglo-Chinese School (Primary) by 2030

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For brochures/prices, appointments & enquiries / contact 96462822 for more details

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NORTH GAIA – EXECUTIVE CONDOMINIUM (YISHUN).

COMPRISING 11 BLOCKS OF 14-STOREY (TOTAL: 616 UNITS) WITH 2 LEVELS OF BASEMENT CARPARK, TENNIS COURT, SWIMMING POOL, LANDSCAPE DECK, CLUBHOUSE & COMMUNAL FACILITIES AT LOT 3974L MK 19 AT YISHUN CLOSE (YISHUN PLANNING AREA) 

– Located at Yishun Close with a total of 616 units
– 3 bedrooms to 5 bedrooms layout types available
– Full condo faciilities such as clubhouse, swimming pool, tennis court, basement carpark and many more

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For brochures/prices, appointments & enquiries / contact 96462822 for more details

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WHY DO EXECUTIVE CONDOMINIUM APPEAL TO BUYERS?

• A status of achievement
• Necessities within arms’ reach
• Greater upside for capital appreciation
• EC cheaper than other Mass Market Condominium
• Luxurious amenities to enjoy within the development
• Foreigners are not allowed to buy EC directly from developers.

Income ceiling set at $16,000 and MSR of 30% set by the government. As such, EC developers are mindful of the affordability of the buyers who are eligible to purchase an EC.

Lower land costs (compared to mass market land sites). Prices for EC sites seem rather unaffected by the upward spiral of other private residential sites and have risen by a smaller margin.   EC lands are mostly bidder by construction firms who are also developer. As such, there is no double layer profit between a developer & a construction firm.

Given these restrictions, EC are typically priced to a discount compared to nearby private condos. In recent months, the demand of new EC has, however, reached new highs, with units oversubscribed at launch.

 

Should you not eligible or not keen in Executive Condominium, do let us know so as we can assist in other ways. Feel free to contact us.