Executive Condominium, or EC, is a type of housing in Singapore. You can see examples of EC by clicking on Sol Acres, which is located in Choa Chu Kang or, the Treasure Crest EC, which is located in District 19 Singapore. It started in year 1994, and it is a kind of private condominiums with facilities like security, amenities like swimming pools, clubhouses, playgrounds and others. These EC will also be built and will be launched and sold by private property developers, but at a lower price compared to the other private properties in the market as the land prices will be subsidized by the Singapore Government.

The household income to purchase an EC now must not exceed $14,000, which was raised from $12,000 in August 2015. Some ECs such as The Terrace EC do not require the purchasers to pay a resale levy.

A MOP period (minimum occupation period) of 5 years is one of the condition for purchasing an EC. During these 5 years, the owner is not allowed to sell or rent out their apartment. Foreigners can only purchase an EC when the development is 10 years old.
The Parc Life EC and the Visionaire EC have been launched recently. Both ECs are located in the northern part of Singapore. Another upcoming EC launch will be at District 25, named the NorthWave EC.

Other hot launches, you may wish to visit Singapore Property

NorthWave EC Location - The Northwave EC is a brand new executive condominium, located at the junction of Gambas Avenue and Woodlands Ave 12. For present shoppers, the newly renovated Sun Plaza as well as the Causeway Point and Northpoint City are within close proximity. This government land sales started last year under the property sales program and this plot of land is awarded to this MCC Land.

NorthWave EC Singapore has full condominium facilities like any other executive condominiums around and the floor plans will be uploaded for interested buyers very soon.
NorthWave EC price will be released soon and kindly contact us for an appointment to view the NorthWave EC Showflat or simply dial 61001778 for more information. Thank you for your interest!

Other hot launches, you may wish to visit Singapore Property

With a site area of 309,411sqft, this brand new Executive condominium, The Visionaire EC will have 632 units in 16 towers of 9 to 11 levels high building each with a basement carpark. Luxurious facilities will be part of this brand new EC here in Sembawang. The Visionaire EC Location is just minutes' walk to the future Canberra MRT Station and upcoming amenities - Canberra Plaza and this development will also be the very first EC that will be fitted with smart home technology. This will be a breakthrough in smart home living, so be the first to experience the future living! Take a look at The Visionaire EC Floor plans now and be wowed!

Please click on The Visionaire EC for more information now, check The Visionaire EC Price, or you may contact the Showflat hotline at 61001778 to view the beautiful Showflat. Thank you.

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Singapore Property

Sol Acres, a brand new executive condominium (EC) located at District 23, address at Choa Chu Kang Grove. This beautiful development is equipped with full recreational facilities and you can also enjoy the convenience of living near amenities and LRT stations. Interested buyers may use up to $30,000 of the CPF grant and at the same time enjoy VVIP discounts as well as early bird discounts during preview. Don't miss this great development named Sol Acres. Please visit our webpage by clicking on it for more information now.

Thank you,
PropertySales Singapore

Sol Acres is a brand new executive condominium [EC] located at Choa Chu Kang Grove at District 23 in Singapore. Enjoy the convenience of living near amenities as well as LRT stations. You can use up to $30k of CPFgrant and also enjoy VIP discounts and early bird discounts during preview. Don't miss this good chance of owning a great unit at Sol Acres. Visit our website for more information now.

Warmest Regards,
PropertySales Singapore