The HDB Executive Condominium (EC) is a unique housing option in Singapore, offering a blend of private property benefits with public housing subsidies. Designed for couples and families with higher income ceilings, ECs provide an affordable alternative to pu…….
The HDB Executive Condominium (EC) is a unique housing option in Singapore, offering a blend of private property benefits with public housing subsidies. Designed for couples and families with higher income ceilings, ECs provide an affordable alternative to pure private condos while still allowing future resale to Singaporeans. These properties come with a minimum lease period of 99 years and include facilities such as swimming pools, gyms, and playgrounds, enhancing the living experience. Prospective homeowners interested in an HDB EC should consider the application eligibility, which includes being a Singapore citizen or permanent resident, meeting the income ceiling, and fulfilling the resale criteria if applicable. These condos are a popular choice for those seeking a step up from traditional public housing with the added convenience and lifestyle perks of private living.
