An Executive Condominium, or EC, is a type of housing in Singapore that is built and sold under the Housing and Development Board (HDB). ECS is built to meet the needs of families who want to own a private home but are not able to afford private property.

1. Built to high-quality standards:

All ECs are required to meet strict quality standards set by the HDB. As a consequence, ECs offer residents a comfortable and safe living environment that is well-built and well-maintained.

2. More affordable than private properties:

ECS is sold at a subsidized price, which makes them more affordable than private properties. This makes ECs a great option for families who want to own a private home but cannot afford the high prices of private properties.

3. Many amenities:

Most ECs are located in areas with good infrastructure and amenities. This means that residents of ECs have access to good schools, hospitals, shopping malls, and other amenities.

4. Good investment opportunity:

Tengah Plantation Loop EC is a good investment opportunity as they are expected to appreciate over time. This appreciation in value can provide EC owners with a good return on investment when they sell their EC units. As an EC owner, you are also entitled to rent out your EC units to tenants. This rental income can also provide you with a good return on investment.

5. Good place to live:

ECS provides a good place to live as they are typically well-built and well-maintained. In addition, ECs are located in areas with good infrastructure and amenities. This makes ECs a great option for families who want to own a private home.

6. Good option for first-time home buyers:

ECS is a good option for first-time home buyers as they are more affordable than private properties. In addition, it’s come with many amenities and is typically well-built and well-maintained. However, many first-time buyers are often confused when it comes to HDB or BTO flats or resale ECs. As such, we have compiled a list of key considerations when it comes to picking a unit.

7. Young families:

ECS is a good option for young families as they are more affordable than private properties. In addition, it’s come with many amenities and is typically well-built and well-maintained. However, HDB flats may be small and you may have to pay maintenance fees even if you own you’re flat. 

8. Good option for families with children:

ECS is a good option for families with children as they are more affordable than private properties. In addition, it’s come with many amenities and is typically well-built and well-maintained.

9. Raise a family:

ECS provides a good place to raise a family as they are more affordable than private properties. In addition, it’s come with many amenities and is typically well-built and well-maintained.

Conclusion:

ECs have a minimum occupation period of 5 years, during which you are not allowed to sell or rent out your EC. After the minimum occupation period, you can sell your EC to any Singapore Citizen or Permanent Resident (PR), regardless of whether the buyer is eligible for an EC or not.