You must meet the following conditions to buy an Executive Condominium (EC).
Citizenship
Age
Family Nucleus
Income Ceiling
Special Requirement for Undischarged Bankrupts
Ownership in Private Property
Owners/Ex-owners of HDB flats / DBSS flats / EC units
First-timer Applicants
Second-timer Applicants
Existing Owner or Ex-Owner of an HDB Flat
Ex-Owner of an EC
Essential Occupier
Divorcees
Bought an EC/DBSS Flat with CPF Housing Grant
You must form a proper family nucleus under one of the following schemes:
Types of Scheme | Family Nucleus Requirement |
---|---|
Public | You, the applicant and;- Your spouse, and children (if any)
|
Fiancé/Fiancée | You, the applicant and your fiancé/fiancée |
Orphan | You, the applicant and;- Your unmarried siblings, or
|
Joint Singles | You, the applicant and another single person |
You may buy a dual-key EC units if you form a multi-generation family as follows:
Your average gross monthly household income must not exceed $14,000. If your income exceeds $14,000, please contact us and we will assist to review your purchase on case by case basis.
Undischarged bankrupts need to seek the Official Assignee (OA)’s consent if they are applying for an EC. However, they do not need to seek the OA’s approval to be listed as an occupier.
You, your spouse, any occupiers listed in the Application Form or their spouses must not own or dispose or have an estate or interest in any other flat, house, building or land*
* includes but not limited to:
Each eligible Singaporean household can buy the following housing unit only twice:
*Only applicable for first-timer applicants
If you have already bought two housing units, you will not be eligible to apply or be listed as an essential occupier in an application.
You and the essential family members listed in the application for purchase of the flat must not:
You or the essential family members listed in your application have owned/sold or are currently owners of:
Second-timers who apply for this project will have to pay a resale levy.
Are you, your spouse or any of the essential occupiers listed in the application an existing owner or ex-owner of a:
If you belong to any of the above categories, you may apply to buy an EC on condition that a 5-year period (excluding any period of subletting of the whole flat) has lapsed from the *date of taking possession of the flat to the date of application for a new EC
* The date of taking possession refers to following dates (whichever is applicable):
Are you, your spouse or any of the essential occupiers listed in the application an ex-owner of an Executive Condominium bought directly from the developer? If yes, you would need to meet a 5-year period from the date of taking possession of the earlier Executive Condominium.
30-Month Period
In addition, you need to wait out a 30-month period from the effective date of disposal (i.e., date of legal completion of the sale of their Executive Condominium, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require) of the Executive Condominium before you can apply to buy another Executive Condominium directly from the developer.
You or any person listed the application must not be currently listed as an essential occupier of:
However, an essential occupier may apply or be included in an application only if he has stayed in the existing flat for 5 years from the *date of taking possession of the existing flat to the date of application for an EC.
* The date of taking possession refers to:
Within three years from the date of the divorce, only one party in the divorce can own one of the following housing units:
a flat bought directly from the HDB
a DBSS flat / EC bought directly from a private developer
a resale flat bought from open market under the CPF Housing Grant Scheme
If you have an existing matrimonial home, which is one of the above, and that home is retained by your ex-spouse, you may apply to buy or be listed as an essential occupier in any of the above housing unit only three years after your date of divorce.
However, this three-year wait out period will not apply if you are buying any of the above homes with your parents or a new spouse, or if you are buying a resale flat from the open market without the CPF Housing Grant.
If there is no matrimonial home or the matrimonial home was bought from the open market without any CPF Housing Grant, you may apply for any of the above housing units after you get your ex-spouse’s consent not to own or be listed as an essential occupier in any of the above housing units within the three-year period from the date of divorce.
The requirement for ex-spouse’s consent is waived if you are buying any of the above housing units with your parents or a new spouse or if you are buying a resale flat from the open market without the CPF Housing Grant.
The requirement to seek ex-spouse’s consent during the three-year period from the date of divorce is also waived if you meet the following conditions:
A person who bought an EC or DBSS flat with CPF Housing Grant and terminated the Sale and Purchase Agreement may apply to buy an EC.
However, this is allowed on the condition that a 5-year period has lapsed from the termination date of the Sale & Purchase Agreement of their earlier EC or DBSS flat purchase, to the date of application date for an EC.