Executive Condominium (EC)

[Singapore EC / HDB EC]

An EC (新执行共管公寓) is considered HDB property for 10 years. As such, it is subject to the same restrictions like a Minimum Occupancy Period (MOP) of five years, and restrictions on who can buy it. From the 11th year onward, an EC is fully privatised. It can be sold like any other private property, and foreigners, companies, or others can also buy it.

An EC is different from a Built-to-Order (BTO) flat, in that it’s built by private developers. An EC is a full suite condo. It comes with the pool, gym, barbeque pits, and other facilities you would expect of a private development.

Current EC

Project Name (Location) Lunch Date Developer PSF PPR
Piermont Grand EC 星水嘉园 (Punggol Sumang Walk) 27 July 2019 CDL $583
Parc Canberra (Sembawang Canberra Link) 15 Feb 2020 Hoi Hup $558
Ola (Sengkang Anchorvale Crescent) 01 Mar 2020 Evia $576
Parc Central Residences (Tampines Ave 10) 23 Jan 2021 Hoi Hup $578

ECs Pricing

(Updated on 29 Nov 2020)

Type Piermont Grand Parc Canberra Ola
2 BR NA SOLD $878,000 ($1,133)
3 BR $902,340 ($1,074) SOLD $961,000 ($1,038)
3+U SOLD $973,000 ($1,051) NA
3+U+Y SOLD $1,009,000 ($1,065) $1,103,000 ($1,045)
4 BR $1,370,520 ($1,011) SOLD $1,389,000 ($1,006)
5 BR $1,530,090 ($1,068) SOLD $2,008,000 ($1,166_PH)

EC Available Units

At As 29 Nov 2020 Piermont Grand Parc Canberra Ola Total
2 BR NA 0 26 26
3 BR 52 0 145 197
3+U 0 50 NA 50
3+U+Y 0 14 105 119
4 BR 55 0 51 106
5 BR 45 0 6 51
Total 152 64 333 549
At As 22 Nov 2020 Piermont Grand Parc Canberra Ola Total
2 BR NA 0 26 26
3 BR 53 1 145 199
3+U 0 51 NA 51
3+U+Y 0 14 105 119
4 BR 58 0 51 109
5 BR 45 0 6 51
Total 156 66 333 555
At As 15 Nov 2020 Piermont Grand Parc Canberra Ola Total
2 BR NA 0 26 26
3 BR 58 1 145 204
3+U 0 51 NA 51
3+U+Y 0 18 107 125
4 BR 60 0 51 111
5 BR 46 0 6 52
Total 164 70 335 569

Higher Income Ceiling for EC Buyers

From 11 Sep 2019

Increased from $14,000 to $16,000

Upcoming EC

Project Name (Location) Est. Lunch Date Developer PSF PPR
Parc Central Residences (Tampines Ave 10) Jan 2021 Hoi Hup $578
Provence Residence (Canberra Link) 2Q 2021 MCC Land $566
SengKang EC 2 (Fernvale Lane) 3Q 2021 FCL Lodge (Frasers Property) $555
Yishun EC (Yishun Ave 9) 1Q 2022 Sing Holdings Limited $576
Tengah EC (Tengah Garden Walk) 3Q 2022 TBD (25/05/2021) TBD
Tampines EC 2 (Tampines St 62 Parcel A) 1Q 2023 TBD (Oct 2021) TBD
Tampines EC 3 (Tampines St 62 Parcel B) 1Q 2023 TBD (Nov 2021) TBD

BTO vs. EC vs. Private Condo

HDB Built-to-Order (BTO) Executive Condo (EC) Private Condo
👍 Price more affordable 👍 Entry Price Est. 20% lower than Private Condo Premium
4 to 5 years waiting time 👍 2 to 3 years waiting time  2 to 5 years waiting time
Public common spaces 👍 Private common spaces 👍 Private common spaces
Extensive renovation required 👍 Minimal renovation required 👍 Minimal renovation required
Income not more than $14,000 Income not more than $16,000  👍 NA
5 years Minimum Occupancy Period (MOP) 5 years Minimum Occupancy Period (MOP) 👍 3 years Seller's Stamp Duty (SSD)
Not to be sold to foreigner or single age below 35 Can be sold to SC/ SPR after 5 years or foreigner after 10 years 👍 Can be sold immediately
👍 Lower maintenance fees Higher maintenance fees Higher maintenance fees

Reasons to buy an EC

购买 EC 的理由

- EC is subsidised by the government. Therefore the entry price is around 25% cheaper than private condos.
- EC 由政府补贴。 因此,入门价比私人公寓便宜25%左右。
- Has all the premium facade and facilities of a private condo or even better than a private condo.
- 具有私人公寓的所有高级外观和设施,甚至比私人公寓更好。
- No ABSD (Additional Buyer Stamp Duties) even you own a HDB at the moment.
- 即使您目前拥有组屋,也无需付额外买方印花税。
- You can get up to 75% loan for buying EC even if you still have outstanding loan at the moment.
- 即使您目前仍有未偿还的贷款,您也可以获得高达75%的贷款购买 EC。
- Eligible applicants can receive up to $30,000 in CPF housing grants.
- 符合资格的申请人最多可获得 $30,000 的公积金住房津贴。
- Deferred Payment Scheme is available for EC. Bank installment only kicks in upon key collection.
- 延迟付款计划适用于EC。 银行分期付款仅在领取钥匙时生效。
- Perfect entry property for couples planning to multiply their asset in future, with very good capital upside.
- 理想的入门物业,适合打算在将来增加资产的夫妇,并具有很好的资本上涨潜力。
- Buying an EC is a privilege that only Singaporeans can enjoy based on certain eligibility criteria.
- 根据某些资格标准,购买EC是只有新加坡人才能享受的特权。

执行共管公

EC 是什么?

EC (Executive Condominium),即执行共管公寓,是新加坡政府推出的一种介于组屋与私人公寓之间的物业品种,旨在帮助处于夹心层(家庭月收入低于 1万 6,000 新币)的新加坡人以远低于市场价  (市场价的  70-80%)  的价格拥有公寓。  EC  在自住  5  年之后可以卖给新加坡人 /  永久居民, 10  年后可以卖给外国人。

 

购买新 EC 条件

-  需核心家庭成员 2 人联名购买,至少要有 1 个新加坡人,至少 21 岁。即新加坡人 +  新加坡人,或新加坡人 + 永久居民(永久居民未满 3 年也可购买)

-  家庭月收入不高于 1万 6,000 新币

-  若买家已经拥有私宅,则要卖掉 30 个月后方可申请新 EC

-  若买家已有组屋,需要满足最低居住年限 (Minimum Occupation Period) 5 年后方可申请新 EC

 

新加坡人为什么爱买新 EC

EC  兼具自住与投资价值。  EC  是一种有限制的公寓,它以较低的价格满足了新加坡人居住公寓,提升生活品质的需要。同时给买家提供了一个投资机会。在自住  5  年后, EC  就可以进入市场,与附近其他公寓一样进行交易,增值幅度大,价格与普通公寓差别很小。

近年来新移民购买 EC 的比例越来越高, EC 已经成为新移民置业投资的主要选择。对新移民来说,大多在 SPR 期间购买组屋,待最低自住年限满足后,组屋的升值无疑带来一定潜在收益,用此作为基础而购买 EC 无疑是二次置业投资,实现物业再升值,财富再集聚。尤其是当前各种降温政策实施后, EC 成为最好的投资渠道。额外印花税( ABSD, Additional Buyer Stamp Duty )及总偿债比例限制(TDSR ,Total debt serving ratio)让普通人购买 2 套以上住房进行投资的机会和价值几乎消失。 EC 却依然可以在满足投资需要同时,兼顾自住需求。因为 EC 购买者只有一套房产,不需要额外印花税。

EC 买家可以获得政府高额津贴。 EC买家如果是第一次政府购房者,能够得到高达 3 万新币的政府津贴。新一代的新加坡人,包括新移民,有较高的收入,也有较高的生活品质要求,组屋充其量只是短期的置业选择,长期来看并不能满足他们的生活需要, EC 相对于公寓,设施完善,又且有政府津贴,是绝佳的置业选择。而随着收入的增长,他们可能很快就因为家庭月收入超过顶限而失去拿津贴购买 EC 的机会。所以他们愿意提早购买,享受价格优惠与津贴。

 

政府对新 EC 的态度如何?

新加坡发展部部长在 2014 年 4 月的博文中提出“EC 计划一直在帮助来自各种背景的新加坡人,满足他们购买私宅的愿望,我将继续确保 EC 计划按照正确的方向走下去,能继续满足新加坡人的提升住房需求”,  从政府近年土地供应量来看,EC 的单位数量一直在增加。

CPF Accrued Interest

(Accrued Interest Can Snowball To A Huge Amount Over Time)

Amount CPF Used $100,000 $200,000 $300,000
5 years $113,141 $226,282 $339,422
10 years $128,008 $256,017 $384,025
15 years $144,830 $289,660 $434,489
20 years $163,862 $327,723 $491,585
25 years $185,394 $370,789 $556,183
30 years $209,757 $419,514 $629,270

CPF Allocation Rates

(For Monthly Wages $750 to $6,000)

Age (Years) OA SA MA
35 and below 23% 6% 8%
Above 35 to 45 21% 7% 9%
Above 45 to 50 19% 8% 10%
Above 50 to 55 15% 11.5% 10.5%
Above 55 to 60 12% 3.5% 10.5%
Above 60 to 65 3.5% 2.5% 10.5%
Above 65
1% 1% 10.5%

Need More Details 想了解更多?

Kindly Contact Cindy Ng @ 97738372 (9am to 11pm)

请致电 陈先生 (Eric Tan) @ 97881579 (9am 至 11pm)