Eligibility and Priority Schemes
Citizenship
You must be a Singapore Citizen
Your family nucleus must comprise at least another Singapore Citizen or Singapore Permanent Resident.
Age
You must be at least 21 years old at the time of application
If you are buying an Executive Condominium (EC) under the Joint Singles Scheme, you must be at least 35 years old
Family Nucleus
You must form a proper family nucleus under one of the following schemes:
(a) applicant and his spouse and children (if any). An occupier who is married must also include his spouse;
(b) applicant (single) and both his parents, and siblings (if any);
(c) applicant (widowed or divorced) and children under his legal custody, care and control;
(d) applicant and fiancé / fiancée;
(e) orphaned applicant and his single siblings (to submit photocopies of Death Certificates of parents for verification), a single orphan applicant and all his unmarried siblings are to be listed in the same application.
Income Ceiling
Your gross monthly household income must not exceed $10,000*
*September 2011 - Income Ceiling raised to $12,000
Owning other Private Properties
You, your spouse, any occupiers listed in the Application Form or their spouses must not own or dispose or have an estate or interest in any other flat, house, building or land*
Within 30 months before the date of application, and
Between the application date and the date of taking possession of the EC
* includes but not limited to:
HUDC flats (Privatised and Non-Privatised)
Properties acquired by gift
Properties inherited as beneficiaries under a will or as a result of the Intestate Succession Act
Private properties
Properties owned/acquired/disposed through nominees regardless of properties location
Owners/Ex-owners of HDB flats / DBSS flats / EC units
Each eligible Singaporean household can buy the following housing unit only twice:
a flat from the HDB;
a resale flat with the CPF Housing Grant*;
a DBSS flat from developer;
an EC unit from developer.
*Only applicable for first-timer applicants
If you have already bought two housing units, you will not be eligible to apply or be listed as an essential occupier in an application.
30-Month Period
In addition, you need to wait out a 30-month period from the effective date of disposal (i.e., date of legal completion of the sale of their Executive Condominium, evidenced by the Notice of Transfer or such other documentary evidence as HDB may require) of the Executive Condominium before you can apply to buy another Executive Condominium directly from the developer.
Essential Occupiers
You or any person listed the application must not be currently listed as an essential occupier of:
An existing HDB flat bought directly from HDB,
A DBSS flat bought under the CPF Housing Grant Scheme, or,
A resale flat bought under the CPF Housing Grant Scheme
However, an essential occupier may apply or be included in an application only if he has stayed in the existing flat for 5 years from the *date of taking possession of the existing flat to the date of application for an EC.
* The date of taking possession refers to:
The date of key collection, for flats that are bought directly from HDB
The date of resale completion, for purchase of resale flats from the open market bought with the CPF Housing Grant
The date of transfer at market value of the flat bought with CPF Housing Grant
The date of key collection for Executive Condominium/DBSS flats bought from the developer, whichever is applicable.
Divorcees
If you are a divorcee, you may apply to buy an EC or be listed as an occupier after 5 years from the date the divorce is made absolute to the date of application for an EC if your matrimonial flat was:
Bought directly from HDB,
A DBSS flat bought under the CPF Housing Grant Scheme, or
A resale flat bought from open market under the CPF Housing Grant Scheme
However, the 5 years period will not apply if:
The matrimonial flat was bought from the open market without any CPF Housing Grant
You are applying for the EC with your parents or new spouse
Person Who Has Bought an EC/DBSS Flat with CPF Housing Grant
A person who bought an EC or DBSS flat with CPF Housing Grant and terminated the Sale and Purchase Agreement may apply to buy an EC.
However, this is allowed on the condition that a 5-year period has lapsed from the termination date of the Sale and Purchase Agreement of their earlier EC or DBSS flat purchase, to the date of application date for an EC.
