Explore The EC Benefits
There must be many attractive EC Benefits to support why ECs are getting so popular in these few years.
- Executive Condo projects are designed and built by private developers. Therefore
- Executive Condos are always come with a great design comparable to Private Condo.
- Executive Condos are always as good as Private Condo in facilities and quality.
- EC buyers will be able to enjoy a luxury lifestyle.
- The government will sell the land (reserved for executive condo projects) to private developers at lower prices. Therefore
- The price for EC is generally lower than Private Condominium. Value for money.
- EC buyers will be able to enjoy a much lower purchase price.
- Lower capital outlay.
- If you are first-timer applicants, you are eligible to receive up to $30,000 ($30,000 / $20,000 / $10,000) in CPF Housing Grant.
- Executive Condo unit can be sold under private condo status after five years to SC and SPR, to foreigners after ten years.
- A larger pool of potential buyers to tap on in the future. Likely to be sold at a good profit. Potential higher capital appreciation in future.
- Executive Condo offers an excellent rental yield. With design and facilities like a Private Condo, rental is likely to be as good as Private Condo.