After five years of ownership, an Executive Condominium (EC) in Singapore reverts to being a regular condo, with owners no longer bound by the resale levies imposed on ECs. This transition allows for greater flexibility in resale opportunities, as ECs can then be sold to both Singapore citizens and permanent residents without restriction. Understanding this change is crucial for long-term planning when considering an investment in an EC, as it becomes a standard condo with different resale prospects post the five-year mark. This aspect of the EC scheme is a significant feature that sets it apart from other housing options and affects its market value over time.
discover the enduring appeal and value proposition of Executive Condos (ECs) in Central Singapore, particularly with a focus on the long-term benefits that these residences offer post-5 years. This article delves into the unique aspects of ECs, their strategic locations within the city-state, and the potential appreciation in value they represent for investors and homeowners alike. Join us as we explore how owning an Executive Condo after five years can be a strategic move for your real estate portfolio.