Resales Executive Condo

I believe you should have something in mind, on which location you intend to have your lovely nest. Be it for your own stay or investment, make the right choice here. here, some Tips to qualify yourself.

Eligibility Condition to buy an EC in Open Market.
Executive Condominium (EC) owners who have occupied their EC and met the 5-year minimum occupation period (MOP) can sell their EC in the open market. The 5-year MOP is computed from the date of issuance of Temporary Occupation Permit (TOP) in respect of each EC.

After the 5-year MOP, from 6th to 10th year, EC can be sold in the open market to those who can meet the following eligibility conditions.

- Citizenship
You must be a Singapore Citizens (SC) or Singapore Permanent Residents (SPR) in order to buy a EC in the 6th to 10th year occupation period


Foreigners and corporate bodies can buy ECs in the open market from 11th year of the EC project. All restrictions will be lifted from 11th year onwards

- Family Nucleus
You need not form a family nucleus to buy a EC from the open market.
For e.g. a single person above 21 can buy a EC from the open market.

- CPF Housing Grant
Buyers of resale ECs are not eligible for CPF Housing Grant as such ECs are treated as equivalent to “private housing”.

However, From 11th year, all restrictions will be lifted. Foreigners and corporate bodies can buy ECs in the open market from 11th year of the EC project.

Type Of Executive Condominum Launches:

EC ProjectLocationTOP Date
EastvalePasir Ris Drive 327 Jan 1999
WestmereJurong East Street 1327 Feb 1999
Simei GreenSimei Street 428 Apr 1999
WindermereChoa Chu Kang Street 6416 Sep 1999
ChestervaleBangkit Road20 Mar 1999
PinevaleTampines Street 7328 Jul 1999
Yew Mei GreenChoa Chu Kang North 601 Sep 2000
SummerdaleBoon Lay Drive08 Sep 2000
The RivervaleRivervale Link28 Jun 2000
The FloridaHougang Avenue 7*18 Feb 2000
30 May 2000
NorthoaksWoodlands Crescent03 Oct 2000
WoodsvaleWoodands Drive 7205 Aug 2000
The FloravaleWestwood Avenue (Jurong West)13 Oct 2000
The Eden Tampines Street 3416 Apr 2003
The DewBt Batok Street 2119 Jul 2003
Bishan LoftBishan Street 1126 Sep 2003
LilydaleYishun Avenue 629 Mar 2003
NuovoAng Mo Kio Avenue 9#31 Aug 2004
Park GreenRivervale Link30 Sep 2004
WhitewaterPasir Ris Street 72*31 Jan 2005
01 Mar 2005
The EsparisPasir Ris Drive 4#22 Jun 2005
The QuintetChoa Chu Kang Street 6423 Oct 2006
La CasaWoodlands Drive 16*22 Feb 2008

* Project received phased TOP:
  • Florida (TFD)
    •  
      • Phase 1 consists of Blocks 70 & 78, TOP 18 Feb 2000.
      • Phase 2 consists of Blocks 72 & 76, TOP 30 May 2000.
  • Whitewater (WEC)
    •  
      • Phase 1 consists of Blocks 27, 29, 31, 33, TOP on 31 Jan 2005.
      • Phase 2 consists of Blocks 21, 23 & 25, TOP on 1 Mar 2005.
  • La Casa
    •  
      • Phase 1 consists of Blocks 50, 52, 54, 56 & 58 on 22 Feb 2008.
      • Phase 2 consists of Blocks 60, 62, 64, 66 & 68 on 25 Apr 2008.

                             
# Certificate of Statutory Completion (CSC)

http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyingNewFlatEligibilityECOpen?OpenDocument#TOC60020_1
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Valerie Cai
Marketing Manager
HUTTONS ASIA PTE LTD
valeriecai8585@gmail.com
CEA Licence No.:
L3008899K / R029866F
(+65) 9889 8585