EXECUTIVE CONDOMINIM (EC) were introduced in 1996 catering buyers who found private homes too expensive. While they were priced affordably compared to private condominium, the units came with limitations.
For instance, EC came with Minimum Occupation Period (MOP) of five years before they can be sold on the open market. Between the 6th & 10th year, only Singaporeans (SC) and Singapore Permanent Residents (SPR) can purchase them, while Foreigners can only do so after the 11th year.
Findings show that EC is a practical alternative to private condominium. They also augur well for the EC market and buyers will feel even more confident that EC are reasonable investments to commit to. Upon after 5 years of MOP, prices of EC rose in tandem with private Condomunium and even surpassed new EC.
Following are some related articles on EC launch in Singapore. Hope that these can help you on your decision to select your dream home. You may like to know more of other projects that are not featured here. Just drop in a message, I shall be glad to share with you on your preferred property requested. Properties listed here are just some recommendations.
Executive Condominium launched for sale are mostly in North-East, North & West part of Singapore. You may click on the form on enquiry or call 9646 2822 for more details.
REGISTER YOUR INTEREST TO VIEW ANY EXECUTIVE CONDOMINIUM / CHECK ELIGIBILITY / ENQUIRY, CALL 96462822 FOR MORE INFOMATION.