Executive Condominium (EC)
Executive Condominium (EC) are strata-titled apartments, built and sold by property developers to eligible Singaporean households, have eligibility conditions and ownership restrictions, Minimum Occupancy Period (MOP), in the first 5 years. Upon MOP. it can be sold to another Singaporean household and treated as a full private property, which can be sold to foreigners, from the 11th year onwards.
An Executive Condominium (EC), unlike HDB BTO (build-to-order), comes with full suite of condo facilities which includes swimming pool, gym, barbeque pits, etc. This makes it a highly sought after class of properties that appeals to aspiring Singaporeans looking to live the Condo lifestyle.