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Can single pr buy resale executive condo?

Author

Charlotte Adams

Published Feb 23, 2026

Can single pr buy resale executive condo?

Single PR can't purchase new EC, you need a family nucleus with at least 1 citizen. You are eligible for new launch private condos. Your other options will be either a resale EC or a private condo.

Similarly, you may ask, can single pr buy resale EC?

A single PR can buy a resale EC or an HDB flat subject to conditions. You can buy a resale EC after the 5-year Minimum Occupation Period (MOP) from the 6th to 10th year.

Additionally, can single pr buy resale HDB? Single Singapore Citizen Scheme

Buy an HDB resale flat as a single. You must be at least 35 years old if you are unmarried or divorced, and at least 21 years old if you are widowed or an orphan.

Similarly one may ask, can permanent resident Buy executive condo?

Only Singaporean couples and Singaporean/permanent resident couples can buy an EC unit. Also, buyers have to fulfil a mandatory five-year minimum occupation period (MOP) before they are can rent out or sell the EC unit. Essentially, an EC is a subsidised private condominium.

Can PR with HDB buy condo?

Can a Permanent Resident (PR) concurrently own an HDB flat and condo? The answer is no. Only Singapore Citizens have the privilege of owning an HDB flat and private condo at the same time. But they still need to comply with the MOP before they are allowed to purchase a private residential property.

Is resale EC worth buying?

#1: Closer to full privatisation

One advantage of buying a resale Executive Condominium, rather than a brand new one, is that an EC is fully privatised after 10 years. Crossing this milestone allows you to sell it to foreigners and entities in five years' time or less, depending on when you buy the resale EC.

Can single buy EC after 5 years?

Resale EC - Resale Executive Condominium (EC) List of ECs can be sold in the open market after the 5-year Minimum Occupation Period (MOP). Executive Condominium (EC) owners who have occupied their EC and met the 5-year minimum occupation period (MOP) can sell their EC in the open market.

How much is the downpayment for EC?

Downpayment: Unlike a HDB flat, where you only need to make a downpayment (in Cash/CPF) of as little as 10%, you will need to make a downpayment of 25% when buying an EC.

Can I buy EC if I own HDB?

Can I get a new EC if I used to/ still own an HDB flat, DBSS flat, or EC? Yes, provided that you only own/ owned 1 of the following units prior to your application: Flat bought from HDB.

Can single pr buy condo?

Yes PR are eligible to buy private condominium. Please note there is an additional buyer stamp duty of 5% for the 1st property. Such buyers are required to submit an application for remission so as to enjoy the same treatment as Singapore citizen.

How long does it take for EC to become private?

10 years

How do you qualify for an executive condo?

(A) Basic Requirements:
  1. You must be a Singaporean.
  2. You must form a proper family nucleus.
  3. You must be at least 21 years old at the time of application.
  4. Your average gross monthly household income must not exceed $16,000.
  5. You must not own or dispose of any private property within 30 months.

What is the mop for EC?

An EC needs to complete a Minimum Occupation Period (MOP) of five years before it can be sold to Singaporeans and PRs in the open market, or can even be rented out as a whole unit. The low initial selling price of an EC fosters greater capital appreciation within the first five-years of its launch.

Can PR buy freehold condo?

Yes, as a PR, you are eligible to buy strata-titled freehold properties in Singapore.

Can I buy EC before mop?

5. We currently own a HDB flat bought from the resale market. If you have not bought a flat directly from HDB before, it will depend on whether CPF housing grant was taken for the purchase of resale flat. If yes, you have to wait till your MOP is met before you can apply for an EC.

How much is the cheapest condo in Singapore?

13 cheapest condos in Singapore under $560,000
CondoNearest MRTPrice
The HillfordBeauty World$489,000
Victory 8Sembawang$500,000
Parc RosewoodWoodlands$518,000
Kovan GrandeurKovan$520,000

Can single buy 3 room BTO?

Singles—whether individually or jointly—can purchase any type of HDB resale they desire, provided they can afford it. At present, and reasonably for the next 30 years or so, the smallest resale HDB you can probably buy is a 3-room unit.

Can I buy EC if I own private property?

You are eligible to purchase resale EC even though you own a private property. After attaining its MOP, SC or SPR are eligible to purchase resale EC as they considered "private property" (foreigners are only eligible after privatisation).

Can a permanent resident buy a house?

The Australian government's First Home Owners Grant (FHOG) and other benefits are available for permanent residents! You should check with your specific as to what is available to you: NSW Office Of State Revenue Ph: 1300 130 624.

When can you sell EC?

Sale of EC

ECs can only be sold in the open market after the 5-year MOP (from TOP date) has been met.

Can 2 PR siblings buy resale HDB?

Under HDB's Public Scheme, an SPR can purchase HDB resale flats only as part of a family nucleus (i.e. a household) with at least one other applicant. The other applicant(s) must be the SPR's spouse and children, parents and sibling, or children under their legal custody (for widowed or divorced applicants).

Can single below 35 buy condo?

A single Singapore citizen below the age of 35 but above 21 can buy a private, commercial or industrial property in Singapore. You are not eligible to buy a Built-To-Order (BTO), resale HDB and an Executive Condominium. The minimum price for a Singapore condo is about $570k for a studio/ one bedrm.

Can single buy resale DBSS?

New DBSS is not applicable for single scheme. However, you can look out for resale flat. If you have any more questions in buying a flat.

Does PR need to pay Absd?

If you're a foreigner or Permanent Resident who's married to a Singaporean, and you don't own any residential property, you don't need to pay ABSD. You can also get an ABSD refund if you're moving house as a married couple.

Can singles over 35 buy BTO?

If you are a single Singapore Citizen

As a single, 35-year-old, Singapore citizen, you can buy: a 2-Room Flexi HDB BTO flat in a non-mature estate, or. an HDB Resale flat on the open market.

How much cash do you need for resale HDB?

Cash savings

You must use cash for the following payments: Deposit to seller (a maximum of $5,000, paid in 2 stages: the option fee, and the deposit) Part of the initial payment (if you take a bank loan, or have insufficient CPF savings) Amount not covered by CPF savings and eligible housing loan amount.

Should I buy resale new condo?

Within your own unit, older resale condos are more likely to have issues such as choked plumbing, yellowing walls, damp ceilings (usually from air-conditioner leaks) or failing water heaters. New launch condos have fewer such problems; and if you do spot them, most developers have a one-year defects-free period.

Is it better to buy HDB or condo?

And when it comes down to it, HDBs can have far better rental yield compared to their condo counterparts, simply by virtue of how affordable they are. (Note: This depends on the rental income generated as well. Condos do tend to generate higher rental income than flats, which can sometimes offset their higher costs.)

How much cash should you pay for a condo?

You will need a minimum of five per cent of the purchase price. This is to secure the Option to Purchase (OTP) at one per cent, and another four per cent to complete the Sale & Purchase Agreement. Cash needed: $60,000. Another 20 per cent of your condo can be paid in a combination of cash or CPF.

Can I sell my condo before top?

Yes you can sell your condo before top. As to whether you are affected by Seller's Stamp Duty (SSD) will depends on when your purchase is transacted (before or after the affected law). Sub-sales refers to sales before TOP and there is usually a sub-sales fee for the buyer on transacting.

Can I rent out my HDB and stay in condo?

If you own a HDB and a condo, you can rent out either one or stay in both properties. By renting out your HDB, you will also be able to enjoy a positive cash flow every month after deducting the mortgage!

How is stamp duty calculated on a condo?

The Buyer's Stamp Duty rate is calculated based on the purchase price or market value of the property, whichever is higher:
  1. First $180,000: 1%
  2. Next $180,000: 2%
  3. Next $640,000: 3%
  4. Remaining amount: 4%

How can I buy a condo without selling HDB?

Hence, to buy a $1.2 million condo without selling your HDB flat, you would need at least 17% (5% down + 12% ABSD) in cash, which is $204,000. And if you don't have enough CPF to cover the other 20% plus $38,600 Buyer Stamp Duty (BSD), you would need another $278,600 of cash.

How much should I earn to buy a condo in Singapore?

In this upcoming Singapore condo, you need a monthly income of at least S$8,583 to meet the 60 percent TDSR or a higher salary of S$17,167 to comfortably pay the housing loan under the 30% income rule.

Can I buy condo with CPF?

The CPF OA is intended to be used to partly fund your home purchase, so there's really nothing wrong in using CPF to buy a condo or an HDB flat.

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Can single pr buy resale executive condo?