Executive Condo (EC) are built and sold by ​private developers but subject to eligibility ​conditions and resale restrictions set by the ​Housing Development Board (HDB), eg. family ​nucleus, citizenship, income ceiling etc.

They are thus priced slightly lower than private ​condos, but have all the same luxuries -- ​swimming pool, gym, function room, barbeque ​pits, security.

This makes ECs very popular, as seen from the ​overwhelming crowd at every EC launch.

• Most of the regulations are lifted though, after ​the Minimum Occupation Period (MOP) of 5 ​years is fulfilled.

• All the regulations are removed after 10 years, ​when the EC becomes automatically privatised. ​This means that foreigners can purchase them ​just like a private condo.
  

I have created the following table for an easier ​understanding on which type of ECs can ​foreigners purchase.

• PR = Permanent Resident, Non-PR = Foreigner without PR status, SC = Singapore Citizen

• MOP/ Resale EC = An EC that has passed the Minimum Occupation Period of 5-year mark. ​MOP/ Resale ECs are 6 to 9 years old.

• Privatized EC = An EC that has passed the 10-year mark.
  

Privatised EC - The Prive, located at Punggol

New EC - Lumina Grand, located at Bukit Batok

MOP/ Resale EC - Northwave, located at Woodlands

MOP/ Resale EC-Hundred Palms Residences, located at Yio ​Chu Kang

Relevant Topic

• Additional Buyer’s Stamp Duty (ABSD) for Foreign Buyers
  

Useful Websites

• CPF Housing Grant for Executive Condominiums
  

• Singapore Land Authority (SLA) - Foreign Ownership of Landed Property