07/01/2020
Executive Condominium (EC)
These are the Basic Requirement to buy a new Executive Condominium (EC) from a developer.
-Average gross monthly household income must not exceed $16,000.
-Must not own or dispose of any private property within 30 months.
-Must not bought directly from HDB Twice (include resale flat with CPF Housing Grant).
-Must meet Minimum Occupation Period- (MOP) for existing flat
-Must form a family nucleus.
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/eligibility/executive-condominiums