Can I use my CPF to pay for EC?

Can I use my CPF to pay for the down payment of an EC? Yes, you can use your CPF Ordinary Account (OA) savings to pay for the down payment of an Executive Condominium (EC). Key points to note: Important considerations: For more information, refer to the HDB website or consult a CPF advisor. How … Read more

Can I buy EC and keep my HDB

Can I buy a new EC and keep my HDB flat? No, you cannot buy a new EC and keep your HDB flat. HDB rules stipulate that if you purchase a new EC (from the developer), you must sell your existing HDB flat within six months of the EC’s completion. This rule applies to all … Read more

Is It Worthwhile to Buy Executive Condo in Singapore?

Executive condominiums (ECs) offer middle-class residents a way to own a private-style condo in Singapore. They cost less than fully private condos. Benefiting from developers’ subsidies, ECs are preferred by those who make too much for public housing but can’t afford a regular condo. Here, we will look at the benefits, eligibility requirements, financing options, … Read more

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 … Read more

Why is EC Cheaper than Condo? Affordable Housing Options

Executive Condominiums (ECs) are a special kind of housing in Singapore. They are more affordable than fully private condos. They are developed by private builders but get some help from the government. This makes them about 25-30% cheaper, offering middle-income families a chance to buy. ECs provide a great affordable housing option. They also make … Read more

Difference Between Condo and Executive Condo Explained

In Singapore, condos and executive condominiums (ECs) differ in key ways for both buyers and investors. The key differences include who can buy them, the price, what facilities they offer, and their investment value. Knowing these differences is vital for those thinking about condominium types, such as condo vs executive condo differences, and exploring the … Read more

How to Buy a Condo in Singapore: Step-by-Step Guide

Buying a condo in Singapore is more than just a real estate transaction; it’s a lifestyle choice. With its sleek skyline and vibrant neighborhoods, Singapore offers unique opportunities for both investors and homeowners. Condos here come with perks like swimming pools, gyms, and top-notch security. The city-state’s strategic location makes it an attractive hub for … Read more

Is It Worth the Financial Commitment to Own a Condo in Singapore?

Did you know that over 80% of Singapore’s population lives in high-rise apartments? With property prices soaring, many people wonder, “Is it worth buying a condominium in Singapore?” Condos offer numerous perks like modern amenities and prime locations. However, they come with hefty price tags and maintenance fees. In this post, we’ll dive into the … Read more

Average Cost of Small Condos in Singapore: An Overview

The Singapore real estate market is famous for its costly homes, and condos are no different. The average price for a home here is S$4.19 million. Even the more affordable HDB flats come at an average cost of S$633,167. In comparison, condominium units are pricier, averaging about S$2.57 million each. And, at the top end, … Read more

How Much Income is Needed to Buy an Executive Condo in Singapore?

Executive condominiums (ECs) in Singapore offer a unique living experience. They fall between public housing and private condos. For middle-income Singaporeans who want more than public housing but can’t afford a private condo, ECs are the answer. To own an EC, you need to meet specific income and eligibility rules. This guide will tell you … Read more