Eligibility
There are the eligibility conditions to buy a new Executive Condominium (EC) from a developer. Before you submit an e-application, learn what conditions apply when you buy an EC, and find out whether you need to pay a resale levy.
The main applicant(s) and essential occupiers need to meet several eligibility conditions such as Family Nucleus, Citizenship, Age, Income, and Property Ownership.
Family Nucleus
You will need to qualify for the EC under one of these eligibility schemes:
– Public Scheme
– Fiancé/Fiancée Scheme
– Orphans Scheme
– Joint Singles Scheme
Public Scheme
You form a family nucleus with any of the following:
- Spouse, and children (if any)
- Parents, and siblings (if any)
- Children under your legal custody, care and control (if widowed/divorced*)
*If the care and control of your children under the age of 21 is shared with your ex-spouse, you must obtain his/her written agreement before you can list your children in a flat application.
You form a family nucleus with your spouse-to-be.
Submission of marriage certificate
Under this scheme, you need to submit a photocopy of your marriage certificate to the developer within 3 months of collecting your keys to the EC unit.
Written parental consent needed if spouse-to-be is 18 years old and above, but below 21
- That person can only be listed as an essential occupier in the flat application
- Written consent from that person’s parents/ guardians must be submitted during the EC selection appointment.
Special Marriage Licence needed if spouse-to-be is below 18 years old
Following your flat application, you must obtain a Special Marriage Licence from the Ministry of Social and Family Development and submit it to us during the EC selection appointment.
You and your siblings (those applying) are orphans and single (unmarried, divorced, or widowed)
- All of the siblings that are single must be listed in the same application
- At least 1 of the deceased parents was a Singapore Citizen or Singapore Permanent Resident
Note that under the Orphans Scheme, siblings are not allowed to buy or rent flats separately.
You and up to 3 other co-applicants, and all of you are:
- Single (unmarried, divorced, or widowed)
- Singapore Citizens
- At least 35 years old
- Applying jointly as co-applicants
The CPF Housing Grant for singles is not available when buying an EC.
Citizenship
– You must be a Singapore Citizen
– At least 1 other applicant must be a Singapore Citizen or Singapore Permanent Resident
– All Singles must be Singapore Citizens if applying under the Joint Singles Scheme
Age
– At least 21 years old
– At least 35 years old, if applying under the Joint Singles Scheme
Income Ceiling
Your household income must not exceed the $16,000 income ceiling.
Income/ allowance that will be considered for income assessment
- Allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc.)
- Sustenance allowance
- Stipend
Income/ allowance that will not be considered for income assessment
- Alimony allowance
- Bonuses
- Director’s fee
- Income from overtime work
- Interest from deposit accounts
- National Service Allowance
- Rental income
- Scholarship overseas allowance
- Overseas cost of living allowance
- Pension
Employed
| Documents to Submit | Notes |
| – 3 months’ payslips preceding the month of application or – Letter from employer certifying salaries for 3 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation Note: If your income includes allowances, we will require 6 months’ payslips preceding the month of application. | – Assessment is based on the average gross monthly income, which: * Excludes bonuses and income earned from overtime work * Includes allowances (fixed/ variable) received on a regular basis (e.g. allowances for food, transport, laundry, uniform, etc.) – If you are employed full-time but on no-pay leave for less than 6 months, we will consider you as employed and use your last drawn pay for assessment. If you are on no-pay leave for 6 months or more, your income will not be considered in the assessment. – Notice of Assessment (NOA) from the Inland Revenue Authority of Singapore (IRAS) will not be accepted |
Self-employed
| Documents to Submit | Notes |
| – Latest NOA from IRAS or Statement of Annual Accounts certified by an audit firm and – Valid Accounting and Corporate Regulatory Authority (ACRA) Computer Information (Business Profile) or valid licence of trade and – Undertaking affirming the average gross monthly income for +6 months preceding the month of application | – Assessment is based on the average gross monthly income – The Statutory Declaration can be made at the Sales Office at HDB Hub or at any HDB Branch. Declarants are required to bring along their Identity Cards – If not in Singapore, the Statutory Declaration can be made in the presence of a Commissioner for Oaths or a Notary Public for that country |
Part Time Job
| Documents to Submit | Notes |
| – 6 months’ payslips preceding the month of application or – Letter from employer certifying salaries for 6 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation | – Assessment is based on the average gross monthly income. |
Adhoc Job
| Documents to Submit | Notes |
| – Latest NOA from IRAS or – Letter from employer certifying salaries for 6 months preceding the month of application; the letter must contain the: * Company stamp/ letterhead * Certifying officer’s name, signature, and designation | – Assessment is based on the average gross monthly income. |
Unemployed (18 to 62 years old)
| Documents to Submit | Notes |
| – Undertaking affirming the unemployment status or – Valid Student Pass or letter from school/ college/ institute of learning to confirm student status, if currently a full-time student – If unemployed for less than 3 months, the following documents are required: * Income proof for the preceding month(s) from the previous employer stating gross monthly income and last day of service * Latest 15 months’ CPF contribution history | – The Statutory Declaration can be made at the Sales Office at HDB Hub or at any HDB Branch. Declarants are required to bring along their Identity Cards – If not in Singapore, the Statutory Declaration can be made in the presence of a Commissioner for Oaths or a Notary Public for that country |
Property Ownership
– You do not own other property overseas or locally, or have not disposed of any within the last 30 months
– You have not bought a new HDB/ DBSS flat / EC, or received a CPF Housing Grant before; or, have only bought 1 of these properties/ received 1 CPF Housing Grant thus far
CPF Housing Grants for ECs
These are the CPF Housing Grants available for Executive Condominium (EC) purchases from developers:
- Family Grant
- Half-Housing Grant (SC applicant only)
You and any co-applicants must be eligible for the grant at the point of booking the EC.
| Monthly household income | CPF Housing Grant SC/ SC households | CPF Housing Grant SC/ SPR households | Half-Housing Grant SC/ SC or SC/ SPR |
|---|---|---|---|
| $10,000 or lower | $30,000 | $20,000 | $15,000 |
| $10,001 to $11,000 | $20,000 | $10,000 | $10,000 |
| $11,001 to $12,000 | $10,000 | Nil | $5,000 |
| More than $12,000 | Nil | Nil | Nil |
Citizen Top-Up Grants (for SC/ SPR households)
You can apply for the Singapore Citizen Top-Up of $10,000 when a qualifying member of your SC/ SPR household obtains Singapore citizenship. You need to submit your application to HDB within 6 months of being eligible for it.
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