HDB Executive Condo (EC)

Eligibility

Same as application for new flats, in addition :

# Income Ceiling
Your average gross monthly household income must not exceed $12,000

# Ownership in Private Property
Must not own/dispose/has an estate or interest in private property :
- within 30 months before the date of EC application, and
- between application date and taking possession of the EC

# Ownership in HDB
- MOP of 5 yrs before the date of EC application
- must dispose of the flat within 6 months from TOP

# Ownership in EC
- need to wait out a 30-month period from disposal of current EC, before the date of new EC application

Second-timers not required to Pay Resale Levy when buying EC