What Happens to EC After 10 Years? A Comprehensive Guide

Executive condominiums (ECs) are a great choice for Singaporean families with a modest income. They provide a perfect balance between HDB flats and private condos. But what happens after 10 years might worry some. This guide will cover all the facts, from the switch to private ownership, what choices owners have, and what to think about if you’re thinking of buying an EC.

For the past 5 years, only about 1,167 EC units have been sold every year in Singapore. This is considerably less than the 9,122 private condos sold yearly. ECs come with government support, making them more affordable for those who qualify to buy. This means EC owners can offer their place at a competitive price compared to private condos in the area. It’s good news if you’re selling.

ECs are usually found in the outer parts of Singapore’s housing areas, close to BTOs. This closeness to BTOs helps create a natural demand as BTOs become old enough for owners to sell and buy something better. The newer look of ECs and their shorter lease also draw in buyers who want to upgrade. When new private condos are built in the area, it can boost EC prices by driving up demand. This happens as buyers compare the prices of new private condos with those of the ECs, pushing up EC values.

Key Takeaways

  • The supply of ECs in Singapore is limited, with only an average of 1,167 units transacted yearly, compared to 9,122 units of private condos.
  • EC owners can often enjoy better entry prices than buyers of comparable private condominiums in the same area.
  • ECs are strategically located in housing districts, near BTOs, making them attractive for buyers looking to upgrade.
  • The launch of new private condominiums in the area can drive price appreciation for ECs as buyers compare prices.
  • Understanding the transition of ECs from public to private property is crucial for potential buyers.

Understanding Executive Condominiums

Executive Condominiums (ECs) mix public housing with private condos in Singapore. They provide a good option for those with middle incomes. You get the luxury of a private condo but at a lower cost.

What is an Executive Condo?

An Executive Condominium (EC) mixes public and private models. It’s built by private developers but managed by the Housing and Development Board (HDB). This setup helps those with moderate incomes. They’re for people who earn more than HDB flat allowances but less than what’s needed for a full private condo. The income cap for these condos is $16,000 per month, which is more than for HDB BTO flats.

Key Differences Between a New EC and a Resale EC

There’s a big difference between a new EC and a resale one. New ECs can only be sold to citizens and residents for the first five years. After this period, they open up to a wider market, including foreigners. This change in who can buy the EC is a key part of its lifecycle.

Purchasing an EC in Singapore

To buy an EC, you must be a Singapore citizen or permanent resident. You also need to earn within the set limits and meet other criteria. There’s a focus on education and professional development too. Make sure to consider the expiration date when buying an EC.

What happens to EC after 10 years?

Executive condos in Singapore are a unique type of public housing. They are managed by the Housing and Development Board (HDB) for the first decade. During these years, they follow HDB’s rules like any other public housing. But by the tenth year, their status changes.

From Public to Private Property

After 10 years, an executive condo turns from public to private ownership. Between the 6th and 10th year, they may be sold similarly to regular resale flats. But there’s a catch – only Singapore citizens or permanent residents can buy them. This special rule benefits those who can’t move to private condos right away.

Once the 10-year mark passes, exec condos become fully private. Owners gain the ability to sell or rent their units to more people, including foreigners. This shift from public to private enhances the condos’ appeal. It also widens investment opportunities for owners.

Options for EC Owners After Minimum Occupation Period

After their public-to-private change, EC owners see more choices. They can sell to a broader market than before. Or they can choose to rent out units, creating a new income source.

Strategic management is key to leveraging the EC’s benefits. This includes meeting the EC’s maintenance and education requirements. Doing so can maintain the property’s value and attract renters or buyers.

Years 1-5Years 6-10After 10 Years
ECs are treated as public housing, bound by HDB rules.ECs can be sold to Singapore citizens or permanent residents.ECs become fully private properties, open to a wider pool of buyers including foreigners.

Eligibility and Financial Considerations

To buy an executive condominium (EC) in Singapore, you must be eligible under HDB’s schemes. There are various schemes like the Public, Fiancé/Fiancée, Joint Singles, Orphans, etc. If you’re applying, you must be 21 years old. The co-applicant must either be a Singapore Citizen or Permanent Resident. For singles, they can only buy a resale EC. Also, they need to be 35 or older.

Criteria for EC Eligibility

To qualify, you and your spouse (if you have one) need to meet HDB’s criteria. Your combined household income should not go over $16,000 a month. You should also be first-time homebuyers and not own any private property. This ensures that the EC certification lifecycle and EC recertification process run smoothly.

EC Income Eligibility

The current income ceiling to buy an EC is $16,000 a month. It’s a good choice for those who earn more than the $14,000 limit for HDB flats. But, they still can’t afford a private condo. This requirement helps keep ECs within reach for the intended buyers.

CPF Housing Grants Available for ECs

Buyers can get help with CPF housing grants for their ECs. These include the Additional CPF Housing Grant (AHG) and Special CPF Housing Grant (SHG). These grants help with costs and make it easier for middle-income earners to buy an EC. It also ensures that EC owners keep their properties in good shape over time.


Executive condominiums in Singapore are a great choice for those with a middle income. They offer a good middle ground between public housing and private condos. By understanding all about ECs, how they start from public to private, the various options after the minimum period, and the qualifications needed, buyers can make a smart move. This choice should meet both their personal and financial needs.

The EC market is always changing. That’s why it’s important for potential buyers to keep up with the latest. This includes the EC certification process, the need for maintenance, ongoing education, and professional growth. Knowledge about what happens to ECs after 10 years and how to keep them in good standing is crucial. This way, buyers can handle the EC’s property wisely, ensuring their investment stays valuable over time.

When thinking about buying an EC in Singapore, it’s essential to look at your money, lifestyle, and future plans. By considering the pros and cons of EC living, buyers can pick what suits them best. This choice can lead to reaching their property dreams in Singapore’s lively real estate scene.


What is the supply of Executive Condos (ECs) compared to private condos in Singapore?

Over the past 5 years, Singapore sees about 1,167 ECs sold each year. In contrast, around 9,122 private condos change hands yearly. This shows there are far fewer ECs on the market.

What are the benefits of buying an EC over a private condo?

Compared to private condos, ECs and BTOs are government-backed, offered at lower prices to eligible Singaporeans. This helps make housing more affordable. ECs are often centrally located, near BTOs, creating strong resale demand.

How does the evolution of an EC from public to private property work?

ECs begin as HDB properties and follow public housing rules for 10 years. In years 6 to 10, they can be sold to locals. After 10 years, they become fully private, opening up to foreign buyers.

What are the eligibility criteria for purchasing an EC in Singapore?

To buy an EC, you must fit one of HDB’s schemes and be at least 21. Your co-applicant must be a Singaporean or PR. Singles over 35 can only buy resale ECs.

What are the income eligibility requirements for buying an EC?

If you earn below $16,000 a month, you’re eligible for an EC. This is aimed at middle-income families who can’t get private condos but earn too much for HDBs.

What CPF housing grants are available for EC buyers?

EC buyers can access CPF grants to lower their initial and ongoing housing costs. Grants include the Enhanced Housing Grant and Additional Housing Grant.