Executive Condominium Scheme

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf public housing scheme
gptkbp:canBeSoldOnOpenMarketAfter 5 years
gptkbp:canBeSoldToForeignersAfter 10 years
gptkbp:cannotOwnOtherPropertyDuringMOP yes
gptkbp:canUpgradeToPrivatePropertyAfter 5 years
gptkbp:country gptkb:Singapore
gptkbp:developedBy private developers
gptkbp:eligibility Singaporean citizens
HDB loans
permanent residents (under certain conditions)
gptkbp:exampleDevelopment gptkb:The_Criterion
Parc Canberra
Piermont Grand
The Rainforest
gptkbp:fundedBy bank loans only
https://www.w3.org/2000/01/rdf-schema#label Executive Condominium Scheme
gptkbp:incomeCeiling S$16,000 per month (as of 2024)
gptkbp:introduced gptkb:Housing_and_Development_Board
gptkbp:introducedIn 1996
gptkbp:landSoldBy gptkb:government
gptkbp:location various towns in Singapore
gptkbp:minimumOccupationPeriod 5 years
gptkbp:ownedBy 99-year leasehold
gptkbp:privatizationAfter 10 years
gptkbp:privatizationPeriod 10 years
gptkbp:property strata-titled apartments
gptkbp:purpose provide affordable housing for middle-income Singaporeans
gptkbp:relatedGroup sandwiched class
gptkbp:subjectToBalloting yes
gptkbp:subjectToCPFHousingGrant yes
gptkbp:subjectToCPFUsageLimit yes
gptkbp:subjectToEthnicIntegrationPolicy yes
gptkbp:subjectToFamilyNucleusRequirement yes
gptkbp:subjectToHDBApprovalForRental during first 5 years
gptkbp:subjectToHDBApprovalForResale during first 10 years
gptkbp:subjectToHDBRules during first 10 years
gptkbp:subjectToMaintenanceFees yes
gptkbp:subjectToManagementCorporationStrataTitleAct yes
gptkbp:subjectToMinimumAge 21 years
gptkbp:subjectToMinimumAgeForOrphansScheme 35 years
gptkbp:subjectToMortgageServicingRatio yes
gptkbp:subjectToOccupancyRequirement owner-occupied during MOP
gptkbp:subjectToOwnershipRestriction cannot own other HDB or private property
gptkbp:subjectToOwnershipRestrictionPeriod 30 months after disposal of previous property
gptkbp:subjectToPropertyTax yes
gptkbp:subjectToResaleLevy yes
gptkbp:subjectToStampDuty yes
gptkbp:subjectToTotalDebtServicingRatio yes
gptkbp:subsidy government grants available
gptkbp:bfsParent gptkb:Housing_&_Development_Board
gptkbp:bfsLayer 6