New Executive Condomunium (EC) launch in Singapore. Below is a list of the current supply of Executive Condomunium.
Executive Condominium (EC) projects where land sale is on or after 9 Dec 2013 (including tenders launched earlier but not closed by 9 Dec 2013)
*Second-timers will have to pay a resale levy when they buy an EC unit from this project onwards:
|Name||Location||Developer||Unit Type||Total Units||E-Application Date|
|SOL ACRES||CCK||MCL Land (Brighton) Pte. Ltd.||1BR-5BR||1327||Mid Aug|
|THE VALES||Sengkang||Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd.||2BR-5BR||517||12/07/2015|
|THE BROWNSTONE||Sembwang||Phoenix Real Estate Pte Ltd||2BR-5BR||638||Mid Jul|
|WESTWOOD RESIDENCES||Westwood Ave||Changi Properties Pte. Ltd. & Heeton Homes Pte. Ltd.||2BR-5BR||480||24/5/2015|
Available Executive Condominium (EC) Projects
Current Supply of Executive Condomunium (EC) available for sale.
*No resale levy for second-timers when they buy an EC unit in these projects:
|Name||Location||Developer||Unit Type||Total Units||Balance Units|
|THE AMORE||Punggol||Master Contract Services Pte Ltd / Keong Hong Construction Pte Ltd||2BR-5BR||378||277|
|THE TERRACE||Punggol||Peak Square Pte. Ltd.||3BR-5BR||747||574|
|BELLEWATERS||Sengkang||Qingjian Realty (South Pacific) Group Pte Ltd||2BR-5BR||651||416|
|LAKE LIFE||Jurong West||Evia Real Estate (5) Pte Ltd,
BBR Development Pte Ltd,
CNH Investment Pte Ltd and
OKP Land Pte Ltd
|BELLEWOODS||Woodlands||Qingjian Realty (South Pacific) Group Pte Ltd.||2BR-5BR||561||419|
|SKYPARK RESIDENCES||Sembwang||Oasis Development Pte Ltd||3BR-5BR||506||127|
|WATERWOODS||Punggol||Sing Holdings Limited||2BR-5BR,||373||31|
|SEA HORIZON||Pasir Ris||Hao Yuan Development Pte Ltd||2BR-5BR||495||61|
|ECOPOLITAN||Punggol||Qingjian Realty (South Pacific) Group Pte Ltd||3BR-5BR||512||50|
|TWIN FOUNDATAINS||Woodlands||Opal Star Pte. Ltd. & Binjai Holdings Pte. Ltd.||3BR-5BR,||418||29|
|FORESTVILLE||Woodlands||Hao Yuan Investment Pte Ltd||2BR-5BR||653||44|
Last update on 22 May 2015
Executive Condominium – Changes to Executive Condominium Scheme (affects all EC launches occuring after 12 Jan 2013)
- Unit sizes capped at 160 sqm (1,722 sq ft)
- Dual Key / Multi-Generational units must be sold to multi-generational families.
- Developers can launch a new Executive Condominium project for sale approximately 15 months after purchasing the land.
- All buyers can take 80% financing with Progressive Payment Scheme whether or not they have exisiting housing loan.
- Mortgage serving ratio (MSR) for EC purchases is 30%.
- Buyers of EC’s whose land was sold post 11th Dec 2013 must pay Resale Levy (for 2nd timers only) – this does not affect 2014 EC launches.