Why Buy an Executive Condominium?

Executive Condominium ( EC ) is a hybrid between public and private housing, It cater to the needs of the “sandwich” class — those whose household incomes exceed the ceiling for public housing but are not quite yet able to afford a private property. As such, ECs come with a set of eligibility criteria to ensure affordability for this select group.

Executive Condominiums (ECs) have been among the best-selling projects lately.

Applicants must either form a family nucleus or join up with other singles if they are at least 35 years old. They must also not exceed the household income ceiling of S$14,000. 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.

The greatest draw of ECs is surely the fact that while they start out as HDB property, in 10 years' time they will be officially recognised as private property.

ECs come with a full suite of condominium facilities and are generally comparable to private developments in design. For those who choose to buy an EC are doing so for the lifestyle. Essentially, an EC is a subsidised private condominium.

Where to buy an EC ?

Sol Acres EC is a 99-years leasehold Sol Acres development located at Choa Chu Kang Grove in District 23. With expected completion in mid 2018. It is situated right beside Keat Hong & Teck Whye LRT Station. Future residents will be able to access the nearby Lot 1 Shopper's Mall and Keat Hong Shopping Centre for some family fun and gatherings. A truly unique lifestyle awaits you.

Sol Acres EC has full and unique facilities, which includes a guard house, clubhouse, Function Room & Indoor Gym, Tennis Court, 50m Free form Pool Pool Deck, Wading Pool, Splash Pool & Family Pool Jacuzzi & Hydro Spa, BBQ Area Dining and Play Fountain, Fitness Alcove & Children's Playground and Garden Trail.

The condo's facilities provide full family entertainment needs for your family and loved ones. Indulge in a serene and tranquil lifestyle right in the heart of Choa Chu Kang.

Sol Acres EC - 365 days of Happines Sol Acres is a 1st MEGA EC in Singapore with 1-bdrm units, and also consist of 13 blocks of 1327 units (NS orientation).