• You must be a Singaporean Citizen
• Your family nucleus must compromise of at least another Singaporean Citizen or Singapore Permanent Resident

• You must be at least 21 years old during the point of application.
  
• If you are buying an EC under the Joint Singles Scheme, you must be at least 35 years old.
  

Your average gross monthly combined household income must not exceed $14,000. If your income exceeds $14,000, please contact us and we will assist to review your purchase on a case by case basis.

Persons who are Undischarged Bankrupts must get prior consent from the Official Assignee (OA) or the private trustee if you are applying to purchase an EC. However, they do not need to seek the OA’s or private trustee’s approval to be listed as an occupier.

To qualify as a First-Timer for a Executive Condominium (EC) purchase, you and any of the other listed owners and essential occupiers MUST NOT:

• Be an owner of a flat bought directly from HDB, or an EC/ DBSS flat bought from the developer
• Have sold a flat bought from HDB, or an EC/ DBSS flat bought from the developer
• Have received any CPF Housing Grant for the purchase of an HDB resale flat
• Have taken any form of housing subsidy (for eg. benefitted under the Selective En bloc Redevelopment Scheme (SERS) or Privatisation of a HUDC estate)

You are considered a Second-Timer for a Executive Condominium (EC) purchase, if you and any of the other listed owners and essential occupiers:

Are you, your co-applicants or any of the essential occupiers listed in the application an existing owner or ex-owner of a:

• Flat bought directly from HDB
• DBSS Flat bought directly from developer
• Resale Flat bought using CPF Housing Grants

If you, your co-applicants or any essential occupiers belong to any of the above categories, you may apply to purchase an EC on condition the flat’s 5-year Minimum Occupation Period (MOP) has been met.

5-year MOP begins upon (whichever is applicable):

• Date of key collection, for flats directly bought from HDB
• Date of resale completion, for resale flats bought on the open market with CPF Housing Grants
• Date of transfer at market value of the flat bought with CPF Housing Grants
• Date of key collection for EC/DBSS flats bought directly from the developer

If you, your co-applicants or any of the essential occupiers listed in the application an existing owner or ex-owner of EC, you would need to meet a 5-year MOP before applying to purchase your new EC.

30-Month Period

Important: Ex-owners of ECs must wait an additional 30-month period from the EC’s effective date of disposal (i.e., date of legal completion of the sale of their EC, verified by the Notice of Transfer or such other documentary evidence as HDB may require).

Are the essential occupiers listed in the application an existing owner or ex-owner of a:

• Flat bought directly from HDB
• DBSS Flat bought directly from developer
• Resale Flat bought using CPF Housing Grants

If any essential occupiers belong to any of the above categories, you may apply to purchase an EC on condition the flat’s 5-year Minimum Occupation Period (MOP) has been met.

5-year MOP begins upon (whichever is applicable):

• Date of key collection, for flats directly bought from HDB
• Date of resale completion, for resale flats bought on the open market with CPF Housing Grants
• Date of transfer at market value of the flat bought with CPF Housing Grants
• Date of key collection for EC/DBSS flats bought directly from the developer

Note:  The 3-year wait-out period does not apply if the Option-to-Purchase (OTP) is granted on or after 6 Mar 2018.

3-year wait-out period

Within 3 years, starting from the date of the divorce, only one party in the divorce can own:

• Any flat bought directly from HDB
• Any Resale flat bought using a CPF Housing Grant
• Any DBSS flat/ EC bought directly from the developer

In the event, that any of the above properties was your matrimonial home and is now owned by your ex-spouse, there is a 3 years waiting period before you can buy or be listed as an essential occupier in any of the above properties.

However, if the matrimonial home was not any of the above properties, or if there was no matrimonial home, one party in the divorce can apply for the above mentioned property types.

Take note: The other party must first sign an undertaking to not own or be listed as an essential occupier of any of the above properties within 3 years from the date of the divorce.

Waiver

A divorcee may be waived from a 3-year wait-out period or undertaking if you meet the following conditions:

• Purchasing any of the above said properties with your parents and/ or new spouse, or
• You are a parent and all of your children are:
  • ​Aged below 18 years old at the date of the divorce
  • Under your legal custody and you are the sole parent with the care and control of your children

If you, your co-applicant or any essential occupier booked a new HDB flat and subsequently cancelled your booking, you need to fulfill a 1-year wait out from the date of the cancellation, before applying to purchase or be listed as an essential occupier for:

• A New HDB flat
• A DBSS flat/ EC bought from a developer
• A Resale flat bought using a CPF Housing Grant
• A Resale flat announced for SERS

If you, your co-applicant or any essential occupier previously purchased anew EC/DBSS  and subsequently cancelled the Sales and Purchase Agreement, you need to fulfill a 5-year wait out from the date of the cancellation, before you can be eligible to apply for purchase or be listed as an essential occupier.