Thursday, 20 June 2013

EC Eligibility

Below are the eligibility conditions to buy a EC (Executive Condominium) in Singapore
  • First applicant must be a Singapore Citizen, aged above 21 years. Second Applicant/Co-applicant can be a Singapore Citizen or a Singapore Permanent Resident
  • Both applicants must be either First Timer or Second Timer (Existing Owner/Ex-Owner of HDB Flat).
  •  Applicants must form a valid family nucleus to buy the EC flat under one of the HDB’s eligibility schemes: Public / FiancĂ© & FiancĂ©e / Orphan / Joint Single.
  • Applicants combined household gross monthly income must not exceed SGD 12,000.
  • Applicants and occupiers listed in the application form must not own or dispose of any private property within 30 months before the date of application and between the application date and the date of taking possession of the Executive Condominium flat.
  • Applicants and occupiers not have bought two housing units before (a flat directly from HDB, resale flat with CPF Housing Grant, DBSS flat from developer or an EC unit from developer).
  • Second-timer applicants who are Existing Owner or Ex-Owner (a flat, resale flat with CPF Housing Grant, DBSS flat from developer) must meet 5-year Minimum Occupation Period (excluding any period of subletting of whole flat) before application of a new EC.
Disclaimer: Information provided above is meant for as a guide and may not be applicable in some cases. Please do SMS/Call 9067 6445 if you have any enquiry about Purchasing an Executive Condominium or other properties.
For more information about EC (Executive Condominium), Refer HDB website