Executive condominiums have become a popular residential choice among Singaporeans in the last few decades. With an emphasis on security, privacy, comfort and convenience, it’s no wonder why these buildings are now considered a haven for both families and individuals alike.
So before even purchasing one, it’s always best to check for important considerations and qualifications. These include questions such as “What’s the best condo unit type for me?”, “How much should I prepare for one decent-sized EC unit?” or probably the most important of them all — “Can PR buy EC in Singapore?”
Read below to find out more.
A Singapore permanent resident or PR can only buy an executive condominium (EC) if his or her spouse is a Singaporean citizen.
Singapore citizens, on the other hand, are legally entitled to purchase an EC — along with a slate of other residential property types in the country.
Here’s an overview of the complete eligibility conditions when buying an executive condominium in Singapore:
If you’re looking to rebuild or upgrade your property, or simply want to learn more about quality home construction and renovation ideas, get in touch with us today here at ColeBuild!