Khaw Boon Wan – Executive Condominium (EC) is a wonderful scheme with very affordable prices. “It’s like offering you a Lexus at the price of a Corolla.”
Top 5 Reasons Why Purchase An Executive Condominium (EC)?
- Affordability – Typically EC is about 15-20% lower in price compare to Private Condominum in the same area.
- CPF Housing Grant – First Timer enjoys up to $30,000 grant.
- Potential For Capital Appreciation – Due to the fact that EC are priced lower than a private condominium, Owners of EC home gets to maximize capital appreciation gain once the 5 years MOP is met and fully privatized.
- Full Condominium Facilities – EC is just like a private condominium and home owners gets to enjoy the amenities and facilities provided.
- Only the Privileged can buy EC – Buyers Of EC needs to be at least a Singaporean applicant and fulfill certain eligibility criteria in order to purchase a unit.