Eligibility for Purchasing an Executive Condominium in Singapore

Your household must comprise 1 of the following groups:

• You and your fiancé or fiancée
• You and your spouse, and child(ren)
• You, your parents and siblings. If you are an unmarried/ widowed/ divorced Singapore Citizen (SC) buying an EC with parents, at least 1 of your parents must be a SC or Singapore Permanent Resident (SPR).
• You and your child(ren) under your legal custody, care and control (for widowed/ divorced persons). If the care and control of your child is shared with your ex-spouse, you must obtain his/ her written agreement before you may list your child in an EC application.
• You and your siblings who are orphans and single, i.e. unmarried, divorced or widowed persons may apply for an EC unit with the following criteria:
  • All your siblings are listed in the same application, and they are not applying for/ owning/ renting a flat separately.
  • At least 1 of your deceased parents was a SC or SPR.
• You and up to 3 other singles as applicants

Fiancé and fiancée, married couples and/ or parent(s) with child(ren), orphaned siblings

You must:

• Be an SC
• Include at least 1 other SC or SPR

Two or more singles

• All singles applying jointly for an EC unit must be SCs.

• At least 21 years old
• At least 35 years old, if two or more singles are applying jointly

The total income of all persons listed in the EC application must not exceed $16,000.

You will be guided by the property developer on the submission of documents, such as income documents, when you book an EC unit.

Interest or ownership in a property

You are considered to own or have an interest in a property if you have acquired a property through purchase or when it is:

• Acquired by gift;
• Inherited as a beneficiary under a will or from the Intestate Succession Act;
• Owned, acquired, or disposed of through nominees; or
• Acquired by holding on trust for another person/ entity.

The conditions on ownership/ interest in private residential and non-residential property apply to all local and overseas properties that are completed or uncompleted, and include but are not limited to the following:

Private residential property

You are considered to own or have an interest in a property if you have acquired a property through purchase or when it is:

• Must not own or have an interest in any local or overseas private residential property; and
• Must not have disposed of any private residential property in the last 30 months, from the legal completion date, before EC application.

Non-residential property

For EC land sales launched on or after 9 May 2023 (including those where the tenders have not closed), all persons listed in the EC application can, as a household, own or have an interest in not more than 1 non-residential property at EC application and up to 30 months before EC application.

If the applicants and occupiers own or have an interest in more than 1 non-residential property, they must have disposed of the other non-residential properties at least 30 months (counted from the legal completion date of the disposal of the interest) before EC application.

A subsidised housing unit refers to:

• A flat bought from HDB
• A resale flat bought on the open market with CPF housing grant(s)
• A Design Build and Sell Scheme (DBSS) flat bought from a property developer
• An EC unit bought from a property developer
• Other forms of housing subsidy (e.g. enjoyed benefits under the Selective En bloc Redevelopment Scheme (SERS), privatisation of HUDC estate, etc)

If you and/ or any core member(s) have taken a housing subsidy, you are considered a second-timer. All second-timer core member(s) will need to pay their respective resale levies, if applicable, when buying an EC unit from the property developer. Find out more on the resale levy payable.

If you and/ or any core member(s) have taken 2 housing subsidies, you are not eligible to apply or be listed as a core occupier in an EC application.

If you or any person listed in the application owns or has an interest in any HDB flat, you must dispose of the interest in the flat, within 6 months of completing your EC unit purchase. This shall be based on the legal completion date of the disposal.

Prior consent must be obtained from the Official Assignee (OA) or the private trustee for the purchase of an EC unit.

You do not need to seek prior consent from the OA or the private trustee if you are listed as an occupier of the EC unit.

Cancellation of application after booking a flat from HDB

If you have booked a flat from HDB and subsequently cancel your flat booking, you must wait out a 1-year period from the date of the cancellation before you may apply or be listed as a core occupier to buy an EC unit from a property developer.

Termination of the Sale and Purchase Agreement for an EC unit

If you had previously bought an EC unit from a property developer with a CPF Housing Grant and subsequently terminated the Sale and Purchase Agreement, you must wait out a 5-year period from the date of the termination before you may apply or be listed as a core occupier to buy an EC unit from a property developer.

Owners/ Ex-owners of an EC unit bought from a property developer

If you currently own or have recently disposed of your ownership in an EC unit, you must wait out a 30-month period from the date of disposal of the EC unit before you may apply or be listed as a core occupier in an application to buy another EC unit from a property developer, subject to other eligibility conditions.