An Executive Condominium is a condo built and sold by private developers, but only to eligible Singaporean households at first. It carries HDB-style rules during the MOP (5 years for older sites, 10 years for sites tendered from 8 May 2026) and becomes fully private later (10 or 15 years), when it can be sold to anyone.
What an EC is
An EC sits between an HDB flat and a private condominium. Developers bid for EC land from the Government, build condo-style projects with pools, gyms and security, and sell to eligible buyers. Prices are typically below comparable private condos nearby, which is the main draw.
The rules that matter
- Buyers: a family nucleus with at least one Singapore Citizen, plus at least one other Citizen or PR. First-timers get priority at launch, but second-timers can also apply for a smaller share of units.
- Income ceiling: S$16,000 gross monthly household income for ECs on sale now, and S$18,000 for EC sites whose tenders close on or after 24 Aug 2026. Use the calculator.
- MOP: 5 years (older sites) or 10 years (sites tendered from 8 May 2026). See the new rules.
- Privatisation: 10 years (older sites) or 15 years (newer sites).
- Financing: bank loans, with the 30% MSR cap and 55% TDSR. See the TDSR and MSR guide.
Who it suits
ECs suit couples and families above the typical BTO income limit who want condo facilities at a lower price and plan to stay for the MOP. If you may need to move early, an EC is a poor fit. For live project data see singaporeec.sg.
Sources to check
Frequently asked questions
Is an EC freehold or leasehold?
ECs are on government land, so they are leasehold, typically 99 years.
Can singles buy an EC?
Not on your own. A single person cannot buy a new EC alone, but singles aged 35 and above, all Singapore Citizens, can apply together under the Joint Singles Scheme.
Can foreigners buy an EC?
Not from the developer. After full privatisation, an EC can be sold to anyone, including foreigners.