mike

What is the Minimum Annual Income Required to Purchase an EC in Singapore? Purchasing an Executive Condominium (EC) in Singapore requires meeting certain income criteria set by the Housing & Development Board (HDB). The minimum annual income requirement varies based on the following factors: Here’s a table illustrating the minimum income requirement based on the … Read more

What are the key differences between a condo and an EC in Singapore? Condominiums (condos) and Executive Condominiums (ECs) are both types of private housing in Singapore, but they have several key differences: Feature Condo Executive Condo (EC) Price Generally more expensive More affordable due to government subsidies Eligibility Open to Singapore Citizens, Permanent Residents … Read more

Executive Condominiums (ECs) in Singapore are not freehold. They have a leasehold tenure for about 99 years. This is like HDB flats and many private condos in the country. If you’re looking at buying property in Singapore, you might have seen executive condominiums (ECs). They bridge the gap between public and private housing, making them … Read more

In Singapore, a special type of home has become very popular with middle-class families. It’s called an Executive Condominium (EC). ECs are sold by private firms but at lower prices than regular private homes. This makes them a great choice for certain Singaporean families. They get to live in a place like a private condo … Read more

If you’re a foreigner looking to buy an Executive Condominium (EC) in Singapore, it’s doable. The rules you’ll need to follow depend on the project’s age. EC units are sold by property developers. To get one, reach out to them directly. For an EC with a TOP in the past 10 years, buyers must be … Read more

Executive Condominiums (ECs) in Singapore are a middle ground. They mix features of private and public housing. These homes target Singaporeans who want to move beyond basic HDB flats but can’t yet go for private condos. They offer a unique subsidy model. Private developers build and sell ECs with some government help. This lowers their … Read more

Executive Condominiums (ECs) offer a unique choice in Singapore. They provide strata-titled apartments. These are made by private developers. Prospective buyers need to meet certain rules and ownership limits. In this article, we’ll go in-depth on who can buy these condos in Singapore. We’ll cover the important points about eligibility. These condos are a mix … Read more

In Singapore’s lively real estate scene, some ask if single PRs can pick up resale ECs. ECs combine the best of both worlds, making them attractive to many. Today, we’ll explore everything single PRs need to know, from requirements to financing options. Resale ECs are just like private housing in Singapore. This means both single … Read more

Executive Condominiums (ECs) are great for folks who want to move from a HDB flat to a private home. They are more affordable than private condos because of government help. The aim is to aid middle-income families in owning a private home. In this guide, we’ll look at buying an executive condo in Singapore, including … Read more

Executive Condominiums (ECs), or executive condos, are gaining popularity in Singapore. First-time home buyers and those looking to upgrade find them appealing. They offer a mix of luxury and affordability, sitting between private condos and HDB flats. This guide will cover what ECs are, their pros and cons, how to pick the best one, and … Read more

What is a Downpayment? A downpayment is the initial upfront payment you make when buying a condo. It’s a percentage of the total purchase price and is typically paid when you sign the Option to Purchase (OTP). How Much is the Downpayment? The downpayment for a condo in Singapore can range from 5% to 25% … Read more

Figuring out condo prices, condo costs, and condo affordability in Singapore is overwhelming for many. In Q4 2023, the average price for a new 2-bedroom condo was high. It was $4,080,000 in the Core Central Region (CCR), $2,570,000 in the Rest of Central Region (RCR), and $2,150,000 in the Outside Central Region (OCR). Generally, the … Read more

In Singapore, you can find a special type of home called the Executive Condominium (EC). It’s like a mix between public housing and private condos. Many people wonder if purchasing an EC is a good idea. This guide will help you understand the value, costs, and benefits of ECs. It’s designed to assist you in … Read more