What is an EC?
It is a subsidised condo developed and marketed by private developer with HDB rules and regulations.
Not everyone can buy an EC, like private condo, buyers must strictly meet EC Eligibility set by HDB.
Why choose to buy an EC?
- You and your family will have a better lifestyle living and enjoy similar facilities as private condo.
- The price is around 20% lower than a private property.
- There are 2 payment scheme for you to choose: Normal progressive payment and Deferred payment.
- HDB upgrader DO NOT have to pay resale levy for Executive Condo with land purchase before 9 Dec 2013.
- Up to S$30K grant for 1st timer applicants.
- It have a bigger unit floor area than most new private property of the same type.
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