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Executive Condo (EC) Launches

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Provence Entry

Why ECs?

Executive condominium (EC) is a hybrid residential property. It is basically a condominium, where buyers must adhere to certain regulations from the Housing & Development Board (HDB) before the EC is fully privatized 10 years after it is completed.

 

EC is built and sold directly by private developers on land parcels sold by the government. Since 1997, the government sold land parcels for EC projects through competitive land tenders. Homebuyers who enjoy the exclusiveness of a gated community with the convenience of condominium facilities can choose to buy Executive Condominiums, which come with more affordable price tags, compared to other types of private residential properties. Benefits of Executive Condominium

 

Despite the restrictions imposed on homebuyers, there are certain benefits that make EC an attractive property type for homebuyers, especially first-time homebuyers. Firstly, the prices of EC are lower than private condominiums. Secondly, the EC buyer could enjoy the comfort and prestige of living in a condominium. Thirdly, when the EC owner sell their unit in the future, there is a high likelihood that they can enjoy a capital gain as the EC is progressively privatized. In addition, the Deferred Payment Scheme is available as one of the financing options for new ECs. Under this scheme, buyers only need to put down 20% of the property price as the down-payment and pay the rest of the amount when they receive the keys to their units.

Main 3 Points in Summary

  1. Executive Condomiums (ECs) Have Good Price Appreciation - Physically Indistinguishable From Condominiums But Priced 15% to 20% Lower.

  2. Capitalise on your Citizenship Privileged Status - Singapore Citizens Enjoy Family Grant of up to $30,000

  3. Ideal Starting Point For Your Asset Progression Path- ECs Have More Affordable Entry Price Thus Can Buy Bigger Unit.

Projects: Buy Listings

New Launch Projects

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Lumina Grand 昱丰嘉园 @ Bukit Batok West Avenue 5

D23 - Bukit Batok/Bukit Panjang

DEVELOPER: City Developments (CDL)

EXPECTED TOP: Est 12 December 2029

ADDRESS: Bukit Batok West Avenue 5

Est. site area: 16,623.70 sqm / 178,936 sqf

Total 512 units of 3 to 5 bedroom type

2 Blk of 12 storey and 8 Blk of 13 storey

Est launch date 12 Jan 2024

Call me to book your VVIP
Showflat Viewin
g

+65 9382 7818

North Gaia
 

D27 - Sembawang / Yishun

Developer: Sing Holdings Limited

Site area 21,514.0 sqm

11 Blocks of 14 Storeys

Total 616 Units

mix 3, 4 & 5 bedroom

Proposed erection of executive condominium development with 2 levels of basement carpark, tennis court, swimming pool, landscape deck, clubhouse & communal facilities at Lot 3974L MK 19 at Yishun Close (Yishun Planning Area)

Free 2 years Shuttle Bus Service to MRT Station!

 

Book VVIP Showroom Viewings! Call now! 

+65 9382 7818

Altura EC Bukit Batok West Ave 8

雅乐轩 EC

D23 - Bukit Batok/Bukit Panjang

Est. site area: 12,449 sqm

6 Blocks of 15 Storeys & 360 Units (TBC)
 

DEVELOPER: Qingjian Realty and Santarli Construction

EXPECTED TOP: March 2027

ADDRESS: Bukit Batok West Avenue 8

Within 1km to Anglo- Chinese School (ACS Barker) which will be relocating to Tengah in 2030

Near Bt Gombak MRT and to future Tengah Park MRT.

Short walk to Le Quest Shopping Mall & Sheng Siong Supermarket 

Contact me to make your appointment:
+65 9382 7818

Upcoming Projects

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Tampines St 62 Parcel B (TBA)

D18 - Pasir Ris / Tampines

 Developers : Sim Liam Group

Expected TOP: (TBA)

Address Tampines St 62

Est site area : 28,000 2sqm

Est  launch date Q1 2025

Est 700 units of 3 to 5 bedroom  ( TBC)

 

Close proximity to Future Tampines North Mrt Station. Commercial residential project at Tampines Ave 11

Stay tuned for more updates!

Plantation Close (TBA)

D24 - Choa Chu Kang/Tengah

Developer : Hoi Hup Realty & Sunway Developments

Expected TOP ( TBA)

Address Tengah Plantation Close

Est site area : 16,441.2sqm

Est  launch date Q4 2024

Est 495 units of 3 to 5 bedroom  ( TBC)

 

Close proximity to Tengah Park Mrt Station. Easy access to Jurong Lake Gardens, Jurong Innovation District and NTU.

 

Stay tune for more updates

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