In Singapore, Executive Condominiums have been springing out rampantly over the years. The reason is because the housing is so affordable compared to a condominiums. You must be wondering why it is so special, here are a few reasons.
- Size - The size of the units are generally bigger compared to a condominium
- Buyers - Only Singaporean couples and Singaporean/permanent resident couples can buy an EC unit.
- Conversion - An Executive Condo converts to a private condominium after 10 years and this is the period where foreigners can purchase.
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