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HDB EC – Executive Condominium Guide in Singapore


What Is an HDB EC?

An HDB Executive Condominium (EC) is a unique hybrid housing type that combines the affordability of public housing with the lifestyle of private condos.Developed by private developers and sold with government subsidies, ECs are meant for Singaporeans who exceed the HDB flat income limit but find private condos out of reach.

After 10 years, an EC becomes fully privatized and can be sold freely in the open market.



HDB EC Eligibility Criteria

1. Citizenship

At least one applicant must be a Singapore Citizen, and the other must be either a Singapore Citizen or Permanent Resident.

2. Family Nucleus

You must apply under one of the HDB schemes:

  • Public Scheme (with spouse and/or children)

  • Fiancé/Fiancée Scheme

  • Orphans Scheme

  • Joint Singles Scheme (only if both are aged 35 and above)

3. Income Ceiling

Your combined household income must not exceed $16,000 per month.

4. Property Ownership

You must not own or have disposed of any private property within the last 30 months before applying for an EC.

5. Minimum Occupation Period (MOP)

If you currently own an HDB flat, you must have fulfilled your 5-year MOP before applying for a new EC.



HDB EC Grants Available

CPF Housing Grant

Eligible first-timer applicants can receive up to $30,000 under the Family Grant or Half-Housing Grant.

The grant is credited into your CPF Ordinary Account and used towards your EC purchase price. You can find out more on the CPF Housing Grant.



HDB EC vs HDB Flat: Key Differences



HDB EC Rules for Buyers

1. Loan Type

EC buyers cannot take an HDB loan. All financing must be done through bank loans governed by MAS rules (TDSR 55%, LTV 75%).

2. Resale Rules

  • You can sell your EC only after 5 years (to SC/PR buyers).

  • After 10 years, it becomes fully privatized and can be sold to foreigners.

3. Selling Your HDB Before EC Purchase

If you currently own an HDB, you must sell it before key collection of your EC unit.



Upcoming HDB EC Launches in Singapore

Stay updated on the latest EC projects launched by top developers:

Each development comes with detailed floor plans, indicative pricing, and eligibility guidance.



How to Apply for a New HDB EC

  1. Check Eligibility: Ensure your household meets income, citizenship, and property criteria.

  2. Obtain Bank Loan Approval (IPA): Required before booking.

  3. E-Application (E-AP): Register interest during the developer’s launch phase.

  4. Balloting and Booking: Select your unit and pay the 5% booking fee.

  5. Sign S&P Agreement: Complete within 3 weeks of booking.

  6. Submit HDB Eligibility Check: HDB will verify your EC eligibility before S&P is issued.



Frequently Asked Questions (FAQ)

Can I buy an EC if I own an HDB flat?

Yes, but you must fulfil your MOP and sell your HDB before key collection of your EC. For detailed information on buying EC with HDB flat.

Can I take an HDB loan to buy an EC?

No. ECs can only be financed using bank loans, not HDB loans. For detailed information on taking HDB loan to buy EC.

Can PRs apply for HDB EC?

Yes, if applying jointly with a Singapore Citizen. PRs cannot apply alone. For detail information on PRs buying EC.

What is the income ceiling for EC?

The current income ceiling is $16,000 per month for combined household income.



Final Thoughts

The HDB EC scheme bridges the gap between public and private housing, offering Singaporeans an affordable way to upgrade.Understanding eligibility, grants, and rules early helps you plan your purchase smoothly and avoid common mistakes.

Explore the latest EC launches or contact our advisors to find out which projects you qualify for based on your HDB status and household income.



Disclaimer

Every buyer’s situation is unique. Speak to our EC specialists — we’ve handled many HDB-to-EC upgrade cases and can guide you through eligibility, loan options, and application steps.