Latest EC launch in Dec 2025
Executive Condominium – a ‘hybrid’ private development build by developers come with similar eligiblity conditions as HDB purchasers.
Overview of eligibility conditions
You will need to qualify for the EC under one of these eligibility schemes:
– Public Scheme
– Fiancé/Fiancée Scheme
– Orphans Scheme
– Joint Singles Scheme
To eligible for a brand new executive condominium;
– You (main applicant) 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
Your household joint income must not exceed the $16,000 income ceiling.
– 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
FAMILY NUCLEUS
You form a family nucleus with any of the following:
- Spouse, and children (if any)
- Parents, and siblings (if any)
- Children under your legal custody, care and control (if widowed/divorced*)
*If the care and control of your children under the age of 21 is shared with your ex-spouse, you must obtain his/her written agreement before you can list your children in a flat application.
You form a family nucleus with your spouse-to-be.
Submission of marriage certificate
Under this scheme, you need to submit a photocopy of your marriage certificate to the developer within 3 months of collecting your keys to the EC unit.
Written parental consent needed if spouse-to-be is 18 years old and above, but below 21 years old
- That person can only be listed as an essential occupier in the flat application
- Written consent from that person’s parents/ guardians must be submitted during the EC selection appointment.
Special Marriage Licence needed if spouse-to-be is below 18 years old
Following your flat application, you must obtain a Special Marriage Licence from the Ministry of Social and Family Development and submit it to the developer during the EC selection appointment.
You and your siblings (those applying) are orphans and single (unmarried, divorced, or widowed)
- All of the siblings that are single must be listed in the same application
- At least 1 of the deceased parents was a Singapore Citizen or Singapore Permanent Resident
Note that under the Orphans Scheme, siblings are not allowed to buy or rent flats separately.
You and up to 3 other co-applicants, and all of you are:
- Single (unmarried, divorced, or widowed)
- Singapore Citizens
- At least 35 years old
- Applying jointly as co-applicants
The CPF Housing Grant for singles is not available when buying an EC.
INCOME CEILING
Your average gross monthly household income must not exceed $16,000.
A employed person
| Documents to Submit | Notes |
|
– 12 months’ payslips 2 months preceding the month of application or – Letter from employer certifying salaries for 12 months 2 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation Note: If your income includes allowances, we will require 12 months’ payslips 2 months preceding the month of application. |
– Assessment is based on the average gross monthly income, which: * Excludes bonuses and Annual Wage Supplement * Includes allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc.) – If you are employed full-time but on no-pay leave for less than 6 months, we will consider you as employed and use your last drawn pay for assessment. If you are on no-pay leave for 6 months or more, your income will not be considered in the assessment. – Notice of Assessment (NOA) from the Inland Revenue Authority of Singapore (IRAS) will not be accepted |
A Self-employed person
| Documents to Submit | Notes |
|
– Latest NOA from IRAS or Statement of Annual Accounts certified by an audit firm and – Valid Accounting and Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) or valid licence of trade and – Undertaking affirming the average gross monthly income for 12 months 2 months preceding the month of application |
– Assessment is based on the average gross monthly income – The Statutory Declaration can be made at the Sales Office at HDB Hub or at any HDB Branch. Declarants are required to bring along their Identity Cards – If not in Singapore, the Statutory Declaration can be made in the presence of a Commissioner for Oaths or a Notary Public for that country |
A part-timer income
| Documents to Submit | Notes |
|
– 12 months’ payslips 2 months preceding the month of application or – Letter from employer certifying salaries for 12 months 2 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation |
– Assessment is based on the average gross monthly income. |
Commission-based based worker
| Documents to Submit | Notes |
|
– 12 months’ commission statements/ payslips 2 months preceding the month of application or – Letter from employer certifying salaries for 12 months 2 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation |
– Assessment is based on the average gross monthly income. |
Odd-job based worker
| Documents to Submit | Notes |
|
– Latest NOA from IRAS or – Letter from employer certifying salaries for 12 months 2 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation |
– Asses- Assessment is based on the average gross monthly income.sment is based on the average gross monthly income. |
Unemployed person (between 18 to 62 years old)
| Documents to Submit | Notes |
|
– Undertaking affirming the unemployment status or – Valid Student Pass or letter from school/ college/ institute of learning to confirm student status, if currently a full-time student – If unemployed for less than 3 months, the following documents are required: * Income proof for the preceding month(s) from the previous employer stating gross monthly income and last day of service * Latest 15 months’ CPF contribution history |
– The Statutory Declaration can be made at the Sales Office at HDB Hub or at any HDB Branch. Declarants are required to bring along their Identity Cards- If not in Singapore, the Statutory Declaration can be made in the presence of a Commissioner for Oaths or a Notary Public for that country ses- Assessment is based on the average gross monthly income.sment is based on the average gross monthly income. |
CPF Housing Grants for EC
These are the CPF Housing Grants available for Executive Condominium (EC) purchase directly from developer:
- Family Grant
- Half-Housing Grant (SC applicant only)
You and any co-applicants must be eligible for the grant at the point of booking the EC.
| Monthly household income | CPF Housing Grant SC/ SC households |
CPF Housing Grant SC/ SPR households |
Half-Housing Grant SC/ SC or SC/ SPR |
|---|---|---|---|
| $10,000 or lower | $30,000 | $20,000 | $15,000 |
| $10,001 to $11,000 | $20,000 | $10,000 | $10,000 |
| $11,001 to $12,000 | $10,000 | Nil | $5,000 |
| More than $12,000 | Nil | Nil | Nil |
Citizen Top-Up (for SC/ SPR households)
You can apply for the Citizen Top-Up of $10,000 when a qualifying member of your SC/ SPR household obtains Singapore citizenship. You need to submit your application to HDB within 6 months of being eligible for it.
Resale Levy for EC
If a purchaser has previously bought a new flat from HDB, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, you need to pay a resale levy when you purchase your next home (EC).
Half-resale levy for Singles Grant recipients
If you are a Singles Grant recipient, you only need to pay half the resale levy amount when you subsequently form a family and buy a second subsidised flat (EC).
RESALE LEVY AMOUNT
| First Subsidised Housing Type | Households | Single Grant recipients |
|---|---|---|
| 2-room flat | $15,000 | $7,500 |
| 3-room flat | $30,000 | $15,000 |
| 4-room flat | $40,000 | $20,000 |
| 5-room flat | $45,000 | $22,500 |
| Executive flat | $50,000 | $25,000 |
| Executive Condominium | $55,000 | Not applicable |
| First Subsidised Housing Type | Households | Single Grant recipients |
|---|---|---|
| 2-room flat | 10% | 5% |
| 3-room flat | 20% | 10% |
| 4-room flat | 22.50% | 11.25% |
| 5-room flat & Executive flat | 25% | 12.50% |
Conditions After Buying EC
1.Selling of current HDB/ DBSS flat in the open market – You and your family members listed in the EC application must dispose of your existing flat within 6 months of taking possession of the EC unit.
2. Taking a housing subsidy – You and your spouse will be considered to have taken a housing subsidy when you buy an EC from developer.
3. Citizen Top-Up – If you are from an SC/ SPR household, you can apply for the Citizen Top-Up when your SPR family member takes up Singapore Citizenship or when you have an SC child.
Minimum Occupation Period (MOP)
Sale of EC
ECs can only be sold in the open market after the 5-year MOP has been fulfilled.
Essential occupiers in EC
Occupiers who are essential in forming a family nucleus with you in the EC application must continue to be listed in the application, and stay in the EC during the 5-year MOP. They cannot make a separate application, or be listed as occupiers in another application to buy an HDB flat or another EC within the MOP.
Interest in private property
You can invest in private residential property including commercial / industrial after the 5-year MOP.