9 Answers

askguru expert
Hi there, thanks for writing to us on AskGuru.

Executive Condominiums (ECs) are comparable to private condominiums in terms of design and facilities. They are built and designed by private developers for higher-income Singaporeans.

An EC can be sold in the open market after it has met its 5-year Minimum Occupation Period (MOP). This is computed from the date of issuance of the Temporary Occupation Permit (TOP). After the 5-year MOP, from the 6th to 10th year, ECs can be sold in the open market to Singaporeans and PRs only.

After the 10th year, it can be sold in the open market to foreigners and corporate bodies.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Gavin Ng
Hi

You must have a Singaporean in order to buy a new construction EC. Otherwise, you may buy a resale EC.

You may text 9620 0827 for a casual chat.

Gavin Read More

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Ling CK
Hi,

PR is only eligible to purchase resale EC (EC that met 5 years MOP). There are no constraint on whether you've met 3 years of holding as PR.
The obvious advantage of EC vs Condo, is everything is the same as Private condo, but at a much lower price, up to 20~30% lower.
The room size in general is bigger than private condo, becasuse this was catered for HDB upgrader who are the main buyer, and used to have a bigger room size.

There are no difference in terms of layout, landscape, facilities, MCST management etc.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://www.facebook.com/Homesellerbuyer/

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Lyna Song
Hi;

In order to be eligible for brand new EC, your family nucleus need to consist of at least one Citizen.. But you are eligible to buy a resale EC even as a single PR.. There are pros and cons of EC vs private condo... Do contact me for further discussion as i'm unable to contact you here.. Thanks

Regards;
Lyna Song
9623 8442
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com Read More

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Aaron Chong
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, if your budget allows, it would be advisable to go for a condo unit.

Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More

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Robbie Chen Chee Howe
Hi,

SPRs are only eligible to purchase a resale EC that the previous owner has already met the 5-year MOP. To be eligible for brand new EC direct from the Developer, there must be at least a Singapore Citizen in the family nucleus.

Before I can give you a more appropriate recommendation, may I know what's your objective of the purchase? I would like to understand more from you before making any recommendation or pushing you to any properties.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More

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Taufik Hussein
Hi
PR can only buy resale EC ( more than 5 years) and are not eligible for a new EC. Current price trends do indicate that resale ECs are generally cheaper than condos of the same age. Therefore you may want to consider this as one of the plus factor on getting a resale EC. Just like normal condominium, there is no MOP requirement for resale EC. Furthermore, the regulations for resale EC will be just like any other condominiums once it reaches it's 10 years mark. (Foreigners are able to buy). This means over time, the price difference between an EC and normal condominium of the same age will close down over time. I provide free services for purchase of resale EC/private property from consultancy, arranging for viewings, negotiate on your behalf and handling the purchase processes. Do contact me at 93375051 for a free and non obligatory discussions on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

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Jeffrey Heng
Dear Sir/Mdm,

Basically one of the eligibilities for buying and EC is that one of the applicants must be a Singaporean. If you are currently a PR, then you will need to apply for the EC with your spouse who is a Singaporean. If your spouse is not a Singaporean, then you will not be eligible to buy a brand new EC from Developers. You can only buy an EC that is 5 years of age already.

Basically for the advantage of an EC over a private condo, much can be said. And things cannot get more coincidental. Just logging in to PropertyGuru, I just finished writing an article named Read More

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Mark Ng S W
Hi Do contact me at 97970200 to discuss more

Mark, your RIGHT choice
Propnex Read More

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