Executive Condominiums in Singapore

Executive Condominium is a form of subsidized housing built by private developers, having same eligibility restrictions like HDB (family nucleus, citizens and permanent residents), you should dispose any other property 30 months before applying, minimum occupation period of 5 years before you can sell to other eligible citizens and PR. After 10 years since TOP date, all restrictions are lifted and even single foreigners can buy.

Executive Condos with Units still available for Sale

Name of Project Town Address Est TOP

Units

Remarks

Sea Horizon Pasir Ris Pasir Ris Drive 3 / Pasir Ris Rise  

495

4 & 5 Room

Waterwoods Punggol Punggol Field Walk / Punggol East Mar 2017??

373

SkyPark Residences Sembawang Sembawang Crescent / Sembawang Drive 2016-2017

502

Bellewoods Woodlands Woodlands Avenue 5 / Woodlands Avenue 6 Nov 2017 561
Bellewaters Sengkang Anchorvale Crescent Nov 2017  651
The Amore Punggol Punggol Central / Edgedale Plains  Jul 2017  378
The Terrace Punggol Punggol Drive / Edgedale Plains  Mar 2018  747
Lake Life Jurong West Yuan Ching Road / Tao Ching Road  Dec 2017  546 Limited Units Left
Westwood Residences Jurong West Westwood Avenue  Aug 2018 480 
The Brownstone Sembawang Canberra Drive  Jan 2019  638 E-App soon
The Vales Sengkang Anchorvale Crescent  Aug 2018  517 E-App soon
Sol Acres Choa Chu Kang    TBA 1327  E-App soon

 

Completed EC(sorted by TOP date) Location Street address TOP Date Units
Eastvale Pasir Ris Pasir Ris Drive 3 27 Jan 1999  
Westmere Jurong East Jurong East Street 13 27 Feb 1999  
Simei Green Tampines Simei Street 4 28 Apr 1999  
Windermere Choa Chu Kang Choa Chu Kang Street 64 16 Sep 1999  
Chestervale Bukit Panjang Bangkit Road 20 Mar 1999  
Pinevale Tampines Tampines Street 73 28 Jul 1999  
Yew Mei Green Choa Chu Kang Choa Chu Kang North 6 1 Sep 2000  
Summerdale Jurong West Boon Lay Drive 8 Sep 2000  
The Rivervale Sengkang Rivervale Link 28 Jun 2000  
The Florida Hougang Hougang Avenue 7 18 Feb 2000 /30 May 2000 *  
Northoaks Woodlands Woodlands Crescent 3 Oct 2000  
Woodsvale Woodlands Woodlands Drive 72 5 Aug 2000  
The Floravale Jurong West Westwood Avenue 13 Oct 2000  
The Eden Tampines Tampines Street 34 16 Apr 2003  
The Dew Bukit Batok Bt Batok Street 21 19 Jul 2003  
Bishan Loft Bishan Bishan Street 11 26 Sep 2003  
Lilydale Yishun Yishun Avenue 6 29 Mar 2003  
Nuovo Ang Mo Kio Ang Mo Kio Avenue 9 31 Aug 2004 #  
Park Green Sengkang Rivervale Link 30 Sep 2004  
Whitewater Pasir Ris Pasir Ris Street 72 31 Jan 2005 /1 Mar 2005 *  
The Esparis Pasir Ris Pasir Ris Drive 4 22 Jun 2005 #  
The Quintet Choa Chu Kang Choa Chu Kang Street 64 23 Oct 2006  
La Casa Woodlands Woodlands Drive 16 22 Feb 2008 /25 Apr 2008 *  
Prive Punggol Punggol Field 17 Jul 2013

680

Esparina Residences Woodlands Buangkok Drive / Compassvale Bow 11 Sep 2013

573

The Canopy Yishun Yishun Avenue 11 14 Jan 2014

406

Austville Residences Sengkang Sengkang East Avenue / Buangkok Drive 22 Apr 2014

540

Belysa Pasir Ris Pasir Ris Drive 1 / Elias Road 28 May 2014

315

RiverParc Residence Punggol Punggol Drive / Punggol East 19 Jun 2014

504

Arc @Tampines Tampines Tampines Avenue 8 5 Aug 2014

574

Blossom Residences Bukit Panjang Segar Road 5 Sep 2014

602

         
Under construction EC(sorted by land sale order) Location Street address Estimatedcompletion Units
The Rainforest Choa Chu Kang Choa Chu Kang Drive ?

466

The Tampines Trilliant Tampines Tampines Central 7

TOP in 2015

670

Twin Waterfalls Punggol Punggol Way / Punggol Field 2015/2016

728

Watercolours Pasir Ris Pasir Ris Drive 3 / Pasir Ris Link

2016

416

OneCanberra Yishun Yishun Avenue 7/ Canberra Drive

2016

665

Heron Bay Hougang Upper Serangoon View /Upper Serangoon Road

2016

394

Waterbay Punggol Punggol Central / Edgefield Plains

2016

383

The Topiary Sengkang Fernvale Lane  

700

Forestville Woodlands Woodlands Avenue 5 / Woodlands Drive 16  

653

CityLife@Tampines Tampines Tampines Central 7 / TampinesAvenue 7 / Tampines Avenue 9

2016

514

Ecopolitan Punggol Punggol Way / Punggol Walk

2016

512

Twin Fountains Woodlands Woodlands Avenue 6 /Woodlands Drive 16    
Lush Acres Sengkang Sengkang West Way / Fernvale Link  

380

Sea Horizon Pasir Ris Pasir Ris Drive 3 / Pasir Ris Rise  

495

Waterwoods Punggol Punggol Field Walk / Punggol East Mar 2017??

373

SkyPark Residences Sembawang Sembawang Crescent / Sembawang Drive 2016-2017

502

Bellewoods Woodlands Woodlands Avenue 5 / Woodlands Avenue 6    
Bellewaters Sengkang Anchorvale Crescent    
The Amore Punggol Punggol Central / Edgedale Plains    
The Terrace Punggol Punggol Drive / Edgedale Plains    
Lake Life Jurong West Yuan Ching Road / Tao Ching Road    
Westwood Residences Jurong West Westwood Avenue    
The Brownstone Sembawang Canberra Drive    
The Vale Sengkang Anchorvale Crescent    
Sol Acres Choa Chu Kang  Choa Chu Kang Grove    
         

If you find the following eligibility criteria confusing – please contact us to elaborate

You must meet the following conditions to buy an EC: (extracted from HDB Website)

Eligibility Conditions
Household Status
Time Bar
Conditions after Purchase
Citizenship
  • You must be a Singapore Citizen
  • Your family nucleus must comprise at least another Singapore Citizen or Singapore Permanent Resident.
Age
  • You must be at least 21 years old at the time of application
  • If you are buying an Executive Condominium (EC) under the Joint Singles Scheme, you must be at least 35 years old

If you find the following eligibility criteria confusing – please contact us to elaborate

Family Nucleus

You must form a proper family nucleus under one of the following schemes:

Type of Scheme Family Nucleus Requirement
Public You, the applicant and;

  • Your spouse, and children (if any)
  • Your parents, and siblings (if any)
  • Your children under your legal custody, care and control (for widowed/ divorced)
Fiancé/Fiancée
Additional Information
You, the applicant and your fiancé/fiancée
OrphanAdditional Information You, the applicant and;

  • Your unmarried siblings, or
  • Another single unrelated orphan
Joint Singles    Additional Information You, the applicant and another single person

Dual-Key EC units

You may buy a dual-key EC units offered by the developer if you form a multi-generation family as follows:

(i) Married couple with parents/grandparents
(ii) Fiancé and fiancée couple with parents/grandparents
(iii) Widowed/divorced with children and parents/grandparents

Income Ceiling

Your average gross monthly household income must not exceed $12,000.
Press Release on 14 September 2011 – More choices for Executive Condominium buyers

Special Requirement for Undischarged Bankrupts

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.

Ownership in Private Property

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*

    • Within 30 months before the date of application, and
    • Between the application date and the date of taking possession of the EC

* includes but not limited to:

  • HUDC flats (Privatised and Non-Privatised)
  • Properties acquired by gift
  • Properties inherited as beneficiaries under a will or as a result of the Intestate Succession Act
  • Private properties
  • Properties owned/acquired/disposed through nominees regardless of properties location
Owners/Ex-owners of HDB flats / DBSS flats / EC units

Each eligible Singaporean household can buy the following housing unit only twice: 

  • a flat from the HDB;
  • a resale flat with the CPF Housing Grant*;
  • a DBSS flat from developer;
  • an EC unit from developer.

*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.

 First-timer Applicants

You and the essential family members listed in the application for purchase of the flat must not:

  • Be the owners of a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have sold a flat bought direct from HDB, a DBSS flat or an Executive Condominium bought from the developer
  • Have received the CPF Housing Grant for the purchase of an HDB resale flat
  • Have taken other forms of housing subsidy (for example, benefitted under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc)
Higher Quota of the EC Supply for First-time Applicants during Initial Launch Period
From 2 March 2012, the developers will set aside 70% of the supply for first-timers during the initial launch period.
Second-timer Applicants

You will be classified as a Second-Timer Applicant if you or the essential family members listed in your application have owned/sold or are currently owners of:

  • Any HDB flat that was bought from HDB, or
  • Any resale flat that was bought under the CPF Housing Grant Scheme, or
  • A DBSS flat or an EC bought from the developer, or
  • Have enjoyed other forms of housing subsidy (for example, enjoyed benefits under the Selective En bloc Redevelopment Scheme, privatisation of HUDC estate etc.)
As a Second-Timer, you could be required to pay Resale Levy
Payment of Resale Levy

Second-timers who apply for new EC projects from Westwood Avenue onwards will have to pay a resale levy
However, second-timers are not required to pay the resale levy if they apply to buy EC units in projects that were launched before 9 Dec 2013. 

Ex-owners of an EC

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.

Essential Occupiers
You or any person listed the application must not be currently listed as an essential occupier of:
    • An existing HDB flat bought directly from HDB,
    • A DBSS flat bought under the CPF Housing Grant Scheme, or,
    • A resale flat bought under the CPF Housing Grant Scheme

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:

    • The date of key collection, for flats that are bought directly from HDB
    • The date of resale completion, for purchase of resale flats from the open market bought with the CPF Housing Grant
    • The date of transfer at market value of the flat bought with CPF Housing Grant
    • The date of key collection for Executive Condominium/DBSS flats bought from the developer, whichever is applicable.
Cancellation of Application After Booking a Flat

If you book a flat from the March 2012 Build-To-Order and Sale of Balance Flats Exercises onwards and subsequently cancel the flat booking, you will have to meet a 1-year period from the date of cancellation before you can apply or included as an essential occupier in an application for a:

  • new HDB flat
  • DBSS flat from developers
  • Executive Condominium unit from the developers
  • resale flat with CPF Housing Grant
  • resale flat that has been announced for SERS
Divorcees

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:

  • All your children are below 18 years old at the date of divorce; and
  • You have the legal custody of all your children and are also the only parent with the care and control of all your children.
Person Who Has Bought an EC/DBSS Flat with CPF Housing Grant

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.

If you find the following eligibility criteria confusing – please contact us to elaborate

 

 

Content Protected Using Blog Protector By: PcDrome.