New Executive condominiums are sold by developers, but you must meet HDB’s EC eligibility criteria to buy them. If you would like a preliminary assessment of EC eligibility, please email us using the Contact Form on the right here.

For details and floor plans of the latest executive condominium launch, see: Rivercove EC.

Click on the links to go to the relevant sections below
  1. Basic EC Eligibility Criteria . Citizenship, Age, Family Nucleus, Income
  2. Can I apply for a new EC if I own / have owned another property?
  3. Am I a First or Second Timer Applicant?
  4. Time Debarments . MOP, Divorcees, Previously Cancelled HDB / EC Purchase
  5. Special Cases . Undischarged Bankrupts
  6. Conditions after getting EC . Current Flat, MOP, Resale Levy, Private Property
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Basic EC Eligibility Criteria


Citizenship
  • Main applicant must be a Singapore Citizen
  • At least one other member of the family nucleus in the application must be a Singapore citizen or Permanent Resident (applicant or essential occupier)
  • If applying under the Joint Singles Scheme, all applicants must be Singapore Citizens
Age
  • All applicants must be at least 21 years old at time of applying for the EC
  • If applying under the Joint Singles Scheme, all applicants must be at least 35 years old
Family Nucleus

You need to apply as a family nucleus under one of these schemes:

  • Public Scheme
    You (the applicant) and;
    * Your spouse, and children (if any)
    * Your parents, and siblings (if any)
    * Children under your legal custody, care, and control (if you are widowed or divorced)
  • Note: No changes of people listed in the application are allowed subsequently.

  • Fiance/Fiancee Scheme
    You (the applicant) and your fiancé / fiancée

    Click here to check when you need to submit your Marriage Certificate
    If You Submit copy of Marriage Certificate
    Took the CPF Housing Grant Before taking possession of your EC
    Did not take the CPF Housing Grant Within 3 months of taking possession of your EC
    Click here if your fiancé/fiancée is below 21 years old
    • He / She can only be essential occupier, not applicant
    • If between 18 to 20 years old, written consent from that person’s parents / guardians must be submitted during the EC selection
    • If below 18 years old, a Special Marriage Licence from the Ministry of Social and Family Development must be submitted during the EC selection
  • Note: No changes of people listed in the application are allowed subsequently. You cannot substitute with a parent or new spouse-to-be, even if the ex-spouse-to-be agrees.

  • EC Eligibility Family Nucleus for Dual Key Units
    For dual-key EC units, you need to apply under the public scheme or fiancé/fiancee scheme as a multi-generation family:
    * Married / engaged couple and parents / grandparents, or
    * Widowed / divorced with children and parents / grandparents
  • Orphan Scheme
    You (the applicant) and;
    * Your siblings that are orphans and single (unmarried, divorced, or widowed), or
    * Another single unrelated orphan
    * All the single siblings must be listed in the same application (ie. cannot apply separately)
  • Note: Under this scheme, at least 1 of the deceased parents must have been a Singapore Citizen or Permanent Resident.

  • Joint Singles Scheme
    You (the applicant) and up to 3 other co-applicants, and all of you must be:
    * Single (unmarried, divorced, or widowed)
    * Singapore Citizens
    * At least 35 years old
    * Applying jointly as co-applicants
  • Note: The CPF Housing Grant for singles does not apply for buying ECs.

Income Ceiling for EC Eligibility
  • Your total monthly household income must not exceed SGD$14,000
Ownership of Property
  • You must not own private property overseas or locally, or have not disposed of any within the last 30 months
  • You have not bought a resale HDB flat with the CPF Housing Grant or a new HDB / DBSS flat or EC more than once before, in total.

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Property Ownership Check


Private property (locally and overseas)
You, your spouse, & any occupiers in this application, and their spouses, must not own or have disposed of, or have any part in any private (ie. non-HDB) property, either locally or overseas:

  • Within 30 months before the date of application, and
  • Between the application date and the date of taking possession of an EC unit
Click here to check what constitutes private property

Such private property includes (but is not limited to):
* HUDC flats (privatised and non-privatised)
* Property acquired by gift
* Property inherited as beneficiaries under a will or under the Intestate Succession Act
* Private property (including ECs bought previously)
* Property owned, acquired, or disposed through nominees, regardless of the location

Can you buy a new EC if you previously bought, or own a HDB / DBSS flat or EC?
Yes, if you did not buy any of the following property types more than once and you have fulfilled the relevant MOP and wait-out periods:

  • Resale flat with the CPF Housing Grant or a new flat directly from HDB;
  • DBSS flat from a developer;
  • EC from a developer

If you’ve already bought 2 such apartments, you cannot apply for, or be listed as an essential occupier in an application to buy a new EC.

Basically, an eligible Singapore Citizen is only allowed to buy the above properties twice in total, not twice per type of property.

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Definition of First vs Second Timer Applicants


Definition of First-timer Applicants
You and any essential family members listed in your application to buy the flat have NOT:

  • Owned a flat bought direct from HDB, or DBSS flat / Executive Condo bought from developer
  • Sold a flat bought direct from HDB, or DBSS flat / Executive Condo bought from developer
  • Received the CPF Housing Grant for the purchase of an HDB resale flat
  • Enjoyed other forms of housing subsidy (eg. SERS, HUDC estate privatisation, etc)

If you are a second-timer and your spouse / spouse-to-be is a first-timer, as a special privilege you and your spouse / spouse-to-be will be accorded first-timer priority as a couple.

70% of EC units are set aside for first-timers during the initial launch period.

Definition of Second-timer Applicants
You or essential family members in your application own or have sold:

  • A HDB flat that was bought direct from HDB, or
  • A 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 (eg. SERS, HUDC estate privatisation, etc.)

Second timers need to pay a resale levy on their current/previous flat, to buy a new EC. See Resale Levy for the levy amounts.

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EC Eligibility . Time Debarments


There are instances when you may need to wait out a set period of time before you can apply or be listed in the application for a new EC. This usually happens if you:
* Have not yet met your current flat / EC’s Minimum Occupation Period (MOP), or
* Are a divorcee, or
* Have previously cancelled an HDB flat application or DBSS flat / EC sales agreement

Minimum Occupation Period (MOP) Requirements
Do you, or another applicant or essential occupier in the new EC application, own any of these?

  • Flat bought direct from HDB
  • DBSS flat / EC bought direct from developer
  • Resale flat bought under the CPF Housing Grant Scheme

If so, that person must fulfil a 5-year MOP (excluding any period of subletting of whole flat) from the date of taking possession of the existing flat to the date of application for the new EC.

Click here to check what constitutes Date of Taking Possession

  • Date of key collection, for flats bought direct from HDB
  • Date of transfer at market value of flat bought with the CPF Housing Grant
  • Date of resale completion, for resale flats bought from open market with Housing Grant
  • Date of key collection for EC/DBSS flats bought from a developer

30-Month Wait Out Period
In the case of current / prior EC ownership, you must also wait out a 30-month period from the EC’s effective date of disposal (i.e. date of legal completion of the sale of your existing EC, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require), before applying to buy another Executive Condominium from a developer.

Status Type of Property Before can Buy New EC Before can be New EC Occupier
Owner
  • Flat bought from HDB
  • DBSS flat bought from developer
  • Resale flat bought with CPF Housing Grant
5 years MOP 5 years MOP
EC bought from developer 5 years MOP + 30 months from EC disposal
Essential Occupier
  • Flat bought from HDB
  • DBSS flat / EC bought from developer
  • Resale flat bought with CPF Housing Grant
5 years MOP
Divorcees . 3 Year Wait Out Period
For 3 years from the date of a divorce, only 1 party in the divorce can own any of these:

  • Flat bought direct from HDB
  • DBSS flat / EC bought bought from developer
  • Resale flat bought under the CPF Housing Grant Scheme

3 Year Wait Out Period & Undertaking
If any the above properties was the matrimonial home and it was retained by your ex-spouse, you must wait 3 years from the date the divorce was made absolute, before you can apply to buy a new EC, or be listed as an essential occupier in one.

If the matrimonial home was not one of the above, or if there was no matrimonial home, one party can apply for the above property types. However, the other party must first undertake to not own or be listed as an essential occupier of such properties for 3 years from the date of the divorce.

Exception for EC Eligibility
However, this 3 years wait-out period and undertaking are not required if you are:
  • Buying the EC with your parents and / or new spouse
  • The parent buying with your child / children and
    * All of your children are aged below 18 at the date of divorce, and
    * All of your children are under your legal custody, and
    * You are the only parent given the care and control of them
Cancelled a previous HDB flat application or EC Sales & Purchase Agreement
If you previously booked a new HDB flat and subsequently cancelled your booking, you must wait out a 1-year period from the date of the cancellation before you can apply or be listed as an essential occupier of a new EC.

Or if you previously bought an EC with the CPF Housing Grant and subsequently terminated the Sale & Purchase Agreement, you must wait out a 5-year period from the date of the termination before you can apply or be listed as an essential occupier of an EC.

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EC Eligibility Criteria . Special Circumstances


What if you are an Undischarged Bankrupt
Prior consent must be obtained from the Official Assignee (OA) or the private trustee if you wish to apply to buy an EC. But you do not need to seek prior consent from the OA or the private trustee to be listed as an occupier.

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Conditions after Purchase of an Executive Condominium


Selling of current HDB / DBSS flat
If you currently own an HDB / DBSS flat, you and/or your spouse must dispose of the flat within 6 months from the date of issuance of the Temporary Occupation Permit of the new EC.

If you intend to apply to purchase an EC where the Temporary Occupation Permit for the EC has already been issued, you will need to dispose of your existing HDB / DBSS flat within 6 months from the date the Developer sends you the Notice of Vacant Possession.

Enjoyment of Subsidy
You and your spouse will be considered as having enjoyed a housing subsidy when you buy an executive condo unit from a developer.
Minimum Occupation Period (MOP)
Sale of your Executive Condominum
You have to occupy your EC unit for at least 5 years before you can sell it on the open market.

Essential occupiers in the Executive Condominium
Occupiers who are essential in forming the family nucleus in your EC application must continue to be listed in the application and stay in the EC during the 5-year minimum occupation period.

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.

Buying another subsidised housing unit
If you sell your EC unit on the open market, you must wait 30 months after the sale before you can submit an application to buy:
  • A new flat from HDB
  • Another EC from a developer
Resale Levy
You are liable to pay a resale levy of $55,000 when you buy a 2nd subsidised flat from HDB or take over ownership of a subsidised HDB flat, or buy another EC from developer (after meeting the 5-year Minimum Occupation Period (MOP) and the 30-month wait-out period).

If you do not intend to buy a second subsidised flat from HDB, for example, if you are buying a resale flat, or a private residential property, you need not pay the resale levy.

Interest in Private Property
You cannot invest in private residential property (either locally or overseas) during the 5-year minimum occupation period.
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Disclaimer
While the information here is periodically updated, no guarantee is given that the information is correct, complete, and up-to-date. We expressly disclaim all liability for, and damages of any kind arising out of the use, reference to, or reliance on any information provided here. Please counter-check with the relevant authorities such as HDB.