EC Eligilibity

ELIGIBILITY

Eligibility Conditions ( non-exhaustive) :

(i) Singapore Citizen

(ii) at least 21 years old at the time of application

(iii) form a proper family nucleus

(iv) family nucleus must comprise at least two Singapore Citizens or one Singapore Citizen and one Singapore Permanent Resident

(v) gross monthly household income must not exceed S$16,000.00

(vi) 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. All decisions made by the developer with regards to eligibility shall be final and conclusive.

Maintaining Eligibility

Applicants must maintain their eligibility throughout their ownership period.

Applicants will not be able to collect their keys if they are unable to fulfill the eligibility conditions or have become ineligible.

Fiancé / Fiancée Scheme

Applicants who have booked an EC unit under the Fiancé / Fiancée Scheme must produce their marriage certificate to developer within 3 months after taking possession of the EC unit.

However, applicants who have been given a CPF Housing Grant must produce their marriage certificate for inspection by the Developer before they can take possession of the EC unit.

PART 1: INTRODUCTION

The Executive Condominium Housing Scheme is prescribed under the Executive Condominium Housing Scheme Act (Cap 99A). A housing unit under the Executive Condominium Housing Scheme is referred to here as an “EC unit”.

PART 2: ELIGIBILITY CONDITIONS TO BUY AN EXECUTIVE CONDOMINIUM UNIT

2.1 General conditions

You and all the proposed occupiers listed in the application to buy an EC unit, including their spouses, must meet similar conditions as buying a flat from HDB under HDB’s prevailing policies and terms and conditions.

2.2 Family nucleus

You and all the proposed occupiers listed in the application must form a proper family nucleus, defined as any one of the following:

(a) You and your spouse, and children (if any). An occupier who is married must also include his or her spouse;

(b) You (single) and both your parents, and siblings (if any);

(d) You and your fiancé or fiancée (please see paragraph 2.2.1);

(e) Orphaned buyer and your single siblings; (to also submit photocopies of death certificates of parents) (please see paragraph 2.2.2); or

2.2.1 Fiancé or Fiancée Scheme

(a) You and your fiancé or fiancée must be unmarried, widowed or divorced (with Certificate of Making Interim Judgement Final having been granted) at the time of the application. You must produce your marriage certificate for inspection by the developer, within 3 months after taking possession of the EC unit. However, if you and your fiancé or fiancée have been given a CPF Housing Grant, you must produce your marriage certificate for inspection by the developer before you can take possession of the EC unit.

(b) If you inform the developer or if the developer is aware that you and your fiancé or fiancée have broken off the

relationship and will not be able to submit your marriage certificate, or if the marriage is later annulled, you will not be

eligible to buy the EC unit. The Sale and Purchase Agreement, if it has already been entered into, will be terminated.

Upon termination of the Sale and Purchase Agreement, the developer will be entitled to impose forfeiture amount

equivalent to 5% of the EC unit’s purchase price in accordance with the Sale and Purchase Agreement. If you have

been given a CPF Housing Grant:

(i) You will have to return the CPF Housing Grant together with interest accrued. If you are unable to return the full

amount, the outstanding amount (inclusive of interest) will be treated as a debt owed by you and your fiancé

or fiancée to the Government (“the debt”). You and your fiancé or fiancée will not be eligible to rent a flat from

HDB, buy or take over the ownership of another HDB flat, DBSS flat or EC unit until the debt is settled in full.

(ii) HDB also reserves the right to recover the CPF Housing Grant with interest if the EC purchase is terminated at

any time from the date of disbursement of the grant till the date you take possession of the EC unit. If you or any

mortgagee or any person have disposed of any interest in the EC unit by sale, transfer, assignment or otherwise,

the recovery of CPF Housing Grant with interest will be from the date of disbursement of the grant till the date

on or before the expiry of the 5-year minimum occupation period of an EC unit. The minimum occupation period

is computed from the date of issuance of the Temporary Occupation Permit for the EC development.

(iii) Either HDB or the CPF Provident Fund Board can recover the CPF Housing Grant with interest on behalf of the

Singapore Government. In addition, appropriate authorities may take actions available in law against you.

must be at least 21 years of age. If you are more than 18 years old but below 21 years old, you can only be listed as a

proposed occupier in the application for an EC unit.

(d) If your fiancé or fiancée is above 18 years old but below 21 years old, your parents or the legal guardian must give

written consent to the application for an EC unit. You must submit the written consent together with the application.

(e) You must be a Singapore Citizen and your fiancé or fiancée (listed as the buyer or proposed occupier in the application) must be either a Singapore Citizen or a Singapore Permanent Resident.

2.2.2 Orphans Scheme

You must be a Singapore Citizen and a single, and your single sibling(s) (listed as the buyer(s) or proposed occupiers) must comprise at least one Singapore Citizen or Singapore Permanent Resident. You and your co-buyer(s) must be at least 21 years of age at the time of the application. You must also list all your other single siblings in the same application. Also, at least one of your late parents must have been a Singapore Citizen or a Singapore Permanent Resident. You and an unrelated orphan who are both Singapore Citizens aged at least 21 at the time of the application can also apply jointly to buy an EC unit under the Orphans Scheme. At least one of your late parents must have been a Singapore Citizen or a Singapore Permanent Resident.

2.2.3 Joint Singles Scheme

You and an unrelated person, both must be single aged at least 35 at the time of the application, may apply jointly to buy

an EC unit. However, both of you are not eligible the Singles Grant to buy an EC unit.

2.2.4 Multi-Generation Families to buy a dual-key EC unit

You and the occupiers listed in the application must form a family nucleus under the multi-generation family to buy a *dualkey EC unit.

2.3 Citizenship

Each family nucleus must have at least two Singapore Citizens or one Singapore Citizen and one Singapore Permanent Resident.

You must be a Singapore Citizen. The other buyer(s) and essential occupiers listed in the application may be Singapore Citizensor Singapore Permanent Residents.

2.4 Age

You must be at least 21 years old at the time of making the application.

2.5 Income ceiling

The total gross income of all persons listed in the application form must not exceed $14,000 per month at the time of application.

2.6 Ownership or interest in property

You are not eligible to buy an EC unit if you or your spouse or any occupiers listed in the application or their spouses:

(a) own any other flat, house, building or land* or have an estate or interest, except if they fall into the categories listed in Annex A; or

(b) have at any time within 30 months before the date of making an application to the developer to buy an EC unit, or between the date of the application and five years from the date of Temporary Occupation Permit of the EC development, acquired, sold or disposed of any flat house building or land * of which he was the owner, or divested himself of any interest therein,except if they fall into the categories listed in Annex B;

Note: * Includes but is not limited to HUDC flats (whether privatized or not), Executive Condominiums, properties acquired by gift, properties inherited as beneficiaries under a will or as a result of the Intestate Succession Act, private properties, commercial properties and industrial properties, as well as properties owned, acquired or disposed through nominees regardless of whether any of these properties are located in Singapore or overseas.

(c) are ex-EC owners who has terminated the Sale and Purchase Agreement after they took possession of the EC unit and have not met a 30-month period from the date of termination of the Sale and Purchase Agreement of the EC unit.

(d) have taken over the ownership of a flat or an HDB resale flat bought under the CPF Housing Grant Scheme by way of

transfer, between the date of making an application for an EC unit and five years from the date of Temporary Occupation

Permit of the EC development. The exception is that they are the original occupiers of the flat and have resided in it for a

continuous period of at least five years [excluding period(s) of subletting of the whole flat];

(e) have bought a flat** or a HDB resale flat from the open market under the CPF Housing Grant Scheme and subsequently relinquish their ownership without meeting a five-year time bar [excluding period(s) of subletting of the whole flat], between the date of making an application for an EC unit and five years from the date of Temporary Occupation Permit of the EC development;

Note: ** Includes a flat ** bought from HDB, DBSS flat or an EC unit bought from developer.

(f) have made any misrepresentation of a material fact or false statement in a material particular relating to buy an EC unit;

(g) have become ineligible to buy an EC unit because of any regulation made under the Executive Condominium Housing

Scheme Act. The regulation is made between your application for an EC unit and five years from the date of Temporary

Occupation Permit of the EC development.

2.7 Time bar

(a) If you, your spouse or an essential occupier listed in the EC application own or used to own a flat bought from HDB, a DBSS flat or an HDB resale flat bought under the CPF Housing Grant Scheme (“the flat”), you may apply to buy an EC unit or be listed as an occupier of the EC unit, as long as five years (not including any period when you sublet the whole flat) have passed from the date of collection of keys of the flat to the date of this application for an EC unit. This five-year period also applies to ex-EC owners. (Please also refer to Clause 2.7, which applies to current EC owners and ex-EC owners)

(b) If you are divorced and your ex-spouse is an existing owner of (i) a flat bought from HDB, (ii) a DBSS flat or EC unit bought from developer, or (iii) an HDB resale flat bought under the CPF Housing Grant Scheme, you may apply to buy an EC unit or be listed as an occupier if more than 3 years have passed from the date the divorce is finalised to the date of the application for the purchase of an EC unit. You may however, apply with your parents or new spouse or be listed as an occupier in their application to buy an EC unit within the three year period.

you may apply to buy an EC unit on condition that five years have passed from the date of the termination of the Sale and Purchase Agreement of your earlier EC or DBSS purchase, to the date of this application to buy an EC unit.

The computation of the time bar or any timeframe is subject to HDB’s prevailing policies, rules and regulations. All decisions made by HDB in this regard are final and conclusive.

2.8 Debts owing to HDB

If you or anyone listed in the application form has a debt* and/or unpaid registration deposit or such other amount** due and owing to HDB, you must pay up the debt in full with interest to HDB, as well as an administrative charge determined by HDB before you can apply to buy or take possession of the new EC unit.

Note: * If you own an HDB flat or DBSS flat, “debt” does not include the existing mortgage loan granted on the HDB flat or DBSS flat.

** If you have previously applied for an HDB flat under the Fiancé or Fiancée Scheme, the registration deposit which was previously paid for using CPF and such other sums required by HDB will have to be repaid by you through the developer in Cashier’s Order issued in favour of the Housing and Development Board before the buyer(s) sign the Sale and Purchase Agreement of the EC unit.

2.9 Debarment

If you are not eligible to buy a flat from HDB under any of the HDB’s or the Government’s rules, regulations or policies, you will also not be eligible to buy an EC unit or be listed as occupier in an application for an EC unit.

2.10 Minimum Occupation Period (MOP) for existing flat

The MOP for EC unit is computed from the date of Temporary Occupation Permit (TOP) of the EC development. The MOP for HDB or DBSS flats is computed from the date of collection of keys of the HDB flat or DBSS flat.

The MOP for:

(i) Direct-purchase HDB flats, DBSS flats and resale HDB flats bought with the CPF Housing Grant is five years.

(ii) Resale HDB flats bought without the CPF Housing Grant and financed with HDB loans is two and a half years or three years or five years*.

(iii) Resale HDB flats bought without the CPF Housing Grant and the owners have not taken any mortgage loan from HDB is *one year or three years or five years.

(iv) HDB flat acquired by way of transfer at market value is *one year or three years or five years.

(v) Direct-purchase HDB flats, DBSS flats or resale HDB flats bought with the CPF Housing Grant taken over by non-original occupiers through an outright transfer is the balance of the five-year MOP, subject to a minimum of two and a half years or three years or five years”.

(vi) HDB flats bought under the Selective En bloc Redevelopment Scheme (SERS) is seven years from the date of selection of the replacement flat (provided the buyer has taken possession of the replacement flat) or five years from the date of taking possession of the replacement flat, whichever is earlier.

(vii) EC unit bought from the developer is five years.

Flat owners (and their spouses) must have physically occupied the flat for a period of at least five years (excluding the subletting of whole flat and any period of non-occupation) at the time of the application for an EC unit. This five-year occupation period is computed from the date of collection of keys of the flat to the date of application for an EC unit.

Owners (and their spouses) of a HDB resale flat or a flat transferred at market value must have physically occupied the HDB resale flat for a period of at least one year, or two and a half years or three years or five years (whichever MOP is applicable) computed from the date of collection of keys of the HDB resale flat, to the estimated date of obtaining the Temporary Occupation Permit for the Executive Condominium development as determined or estimated by the developer (excluding the subletting of whole flat and any period of non-occupation), before they can take possession of the EC unit. If they wish to apply for an EC unit where the Temporary Occupation Permit for the EC development has already been issued, they must have met the relevant MOP at the time of the application.

Note: * The MOP is:

(i) two and a half years or one year for applications received by HDB before 5 Mar 2010; or

(ii) three years for applications received by HDB from 5 Mar 2010 to 29 Aug 2010; or

(iii) five years for applications received by HDB from 30 Aug 2010

The Minister for National Development shall have the absolute discretion to determine whether the buyer(s) and the occupiers and their spouses meet the MOP.

2.11 Payment of premium or resale levy

You and your spouse listed in this application must pay the premium or resale levy with interest (if this applies), due to HDB if you buy an EC unit from the developer.

New Properties in Singapore

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