Executive Condos

Executive Condominiums (ECs) have always been popular since its launch, for first-time homeowners, ECs are a good option for those who want to stay in private housing but at a subsidised rate. This is especially so for those who exceed the income ceiling for BTO flats ($14,000 vs $16,000 for ECs) but find the price point of non-EC condos out of their reach.

Further, we see that the government have in the past decade been controlling the supply of ECs, to ensure that the pricing of ECs maintain a gradual appreciation over time. 


Advantages of Buying an EC

– Up to $30,000 CPF Housing Grant for 1st Timers

– EC owners can sell unit to SC / SPR (5 years after MOP); and to foreigners (10 years after MOP) with no ethnic quota restrictions.

– Affordable condominium housing (usually at 10-20% discount from similar nearby condominium)


Eligibility Criteria for ECs

Family nucleus

You will need to qualify for the EC under one of these eligibility schemes:

  • Public Scheme
  • Fiancé/Fiancée Scheme
  • Orphans Scheme
  • Joint Singles Scheme


  • You must be a Singapore Citizen
  • At least 1 other applicant must be a Singapore Citizen or Singapore Permanent Resident
  • All singles must be Singapore Citizens if applying under the Joint Singles Scheme


  • At least 21 years old
  • At least 35 years old, if applying under the Joint Singles Scheme

Income ceiling

Your household income must not exceed the $16,000 income ceiling.

Property ownership

  • You do not own other property overseas or locally, or have not disposed of any within the last 30 months
  • You have not bought a new HDB/ DBSS flat or EC, or received a CPF Housing Grant before; or, have only bought 1 of these properties/ received 1 CPF Housing Grant thus far