Executive Condominiums (ECs) in Singapore offer a unique blend of public and private housing benefits, designed for couples with at least one Singaporean citizen. These ECs are a cost-effective alternative to both HDB flats and private condos, allowing eligible applicants to enjoy a nine-year ownership restriction before they can sell the unit on the open market. After the five-year mark, owners can rent out their units, which is not permitted for the initial five years. The Sg ECs come with comprehensive facilities, ensuring a quality living experience akin to that of private condos at a more affordable price. With various projects like the Parc Canberra and the upcoming Rivercove Residences, these homes are situated in choice locations with good connectivity, making them an attractive option for families looking to upgrade from HDB flats or move into a more spacious living environment without the high costs associated with private properties.
