What is Executive Condominium?
Executive Condominium draws the interest of many who are looking to private property in Singapore, as it is attractively priced as compared to the private residential developments, and they come with full condo facilities, very much the same as their counterpart in the private condominium in Singapore. The exception is that one has to satisfy the minimum occupation period as prescribed by HDB.
[Latest Update: 17 Oct 2018]
Evia Real Estate and Gamuda awarded land site at Anchorvale Crescent, 4th EC to be developed along this location.
Hoi Hup Realty and Sunway Developments awarded land site at Canberra Link for EC development at $558.22 per sq ft.
Limited EC supply now! Only 2 EC now open for sale, with next EC new launch estimated only in Jun 2019.
Rivercove Residences, Anchorvale EC by Hoi Hup saw take-up rate of 80% on booking day.
Land parcel at Sumang Walk (Sumang Walk EC) closed tender with a record top bid received from joint developers CDL and TID. Estimated sales launch after May 2019. For more info, please click here.
Call developer’s appointed marketing agent at tel no. 96700937 to find out more!
- Executive Condominium open for Sales
|Project Name||Location||Developer||Total Units||Expected T.O.P|
|Northwave||Woodlands View||Hao Yuan Investment||358||31 May 2019|
|Rivercove Residences||Anchorvale Lane||Hoi Hup Realty and Sunway Developments||628||4 Sep 2020|
- Upcoming Launches
|Land Site||Awarded to||Date of Award||Target Launch*|
|Sumang Walk||CDL & TID||Mar 2018||Jun 2019|
|Canberra Link||Hoi Hup and Sunway||Sep 2018||Dec 2019|
|Anchorvale Crescent||Evia and Gamuda||Sep 2018||Dec 2019|
*Based on 15-month period **E-app period is target date only and subject to confirmation by developers.
- Upcoming Land for EC development
|Land Site||Target Date Open for Tender|
|Tampines Ave 10||Oct 2018|
HDB Eligibility Criteria
Home buyers currently having ownership in private property (whether residential or otherwise and including private properties in or outside Singapore) have to wait out a 30 months period, before booking a unit in any of the Executive Condominiums is allowed.
‘Only the PRIVILEGED can buy!’ is ERA’s tagline for potential buyers of EC. Indeed! If buyers don’t satisfy any one of the HDB Eligibility criteria, then they have to consider a unit in the private housing market.
Executive Condo Information
Developer does not provide online submission of e-application. All home buyers must be represented by a property agent to guide you on the procedure in respect of an EC purchase, and home buyers are required to sign on hard copies of e-application generated at the showflat to register their interest.
To get further answer on eligibility criteria and/or concerns with regard the purchase of an Executive Condominium, please leave me a message at form below or call me at tel no. 96700937 for a detailed discussion.
Latest Post related to Executive Condominium
- Record land bid for Sumang Walk EC by CDL
- Sumang Walk EC finally open for tender
- Anchorvale EC by Hoi Hup only Executive Condo New Launch in 2018
- Snapshot of New EC Launch for Home Buyers