EC Price – All 57 Executive Condominiums vs Condominiums in the vicinity

If you are one of the privileged few that are earning enough to consider an EC, the big question will always be on your mind. EC or BTO? If you have been following the EC market closely, you will know that there was a big demand for ECs from 2012 to 2013, when 14 out of 16 new EC projects were at least 33 percent sold within the first month of their launches. This can be seen also from the year 2010 to 2015 alone, as there were a total of 41 ECs launched in the market. However, because of cooling measures in late 2013 like the Mortgage Service Ratio (MSR) and resale levies, this has effectively cooled the market down.

The Executive Condominium (EC) was first introduced in 1996 as a means to cater to the sandwiched income group, which in today’s context are households with a combined income of between $12,000 to $14,000. ECs are designed and built by private developers and the EC price is released to be lower than the surrounding condominiums to cater to the middle class. There are several clauses to this discount, such as a Minimum Occupation Period (MOP) of 5 years before it can be sold in the open market, and the development will only be fully privatised after 10 years. This is the important point to note here, because the EC price should be on par with private condominiums around the area, despite the initial cost being 20 to 25% lower than the private condominiums.

Currently in 2018 if you have been eyeing an EC purchase, there seems to be only one EC launch (Rivercove Residence) for the whole year. So if you have been looking at ECs and monitoring the prices, we have gathered all 57 ECs and their respective prices for you here in one article. Here goes!

1. Eastvale

Eastvale is a 99-year leasehold condominium that is located at Pasir Ris Drive 3 in District 18. It was built in 1999 and has a total of 312 units. Pasir Ris MRT station is located about 480m away from the development. The highest EC price that the development attained was $965 PSF and the latest transaction is at $604 PSF for a 1,292 sqft unit at $780,000 in February 2018.

 Prices of other Condos in the area

Name	Eastvale	Sea Esta	Ripple Bay
Tenure	99 years	99 years	99 years
TOP	1999	2015	2015
Units	312	376	679
Highest PSF	$965	$1,315	$1,285
Recent Price	$604	$995	$998

 

2. Westmere

Westmere is a 99-year leasehold condominium that is located at Jurong East in District 22. It was built in 1999 and has a total of 286 units. Jurong East MRT station is located about 630m away from the development. The highest EC price that the development attained was $937 PSF and the latest transaction is at $911 PSF for a 1,249 sqft unit at $1.138 million in February 2018.

 Prices of other Condos in the area

Name	Westmere	Ivory Heights	J Gateway
Tenure	99 years	99 years	99 years
TOP	1999	1986	2016
Units	286	654	738
Highest PSF	937	803	1900
Recent Price	911	676	1659

 

3. Chestervale

Chestervale is a 99-year leasehold condominium that is located at Bangkit Road in District 23. It was built in 1999 and has a total of 396 units. Bukit Panjang MRT station is located about 1.5 km away from the development. The highest EC price that the development attained was $789 PSF and the latest transaction is at $608 PSF for a 1,410 sqft unit at $900,000 in February 2018.

 

Prices of other Condos in the area

Name	Chestervale	Cashew Heights	Eco Sanctuary
Tenure	99 years	999 years	99 years
TOP	1999	1990	2016
Units	396	596	483
Highest PSF	789	1100	1433
Recent Price	608	1058	1294

 

4. Simei Green Condo

Simei Green Condo is a 99-year leasehold condominium that is located at Simei Road in District 18. It was built in 1999 and has a total of 602 units. Upper Changi MRT station is located about 370m away from the development. The highest EC price that the development attained was $955 PSF and the latest transaction is at $857 PSF for a 969 sqft unit at $830,000 in February 2018.

 

 Prices of other Condos in the area

Name	Simei Green Condominium	Double Bay Residences	Tropical Spring
Tenure	99 years	99 years	99 years
TOP	1999	2012	2002
Units	602	646	242
Highest PSF	955	1315	962
Recent Price	857	1034	884

 

5. Pinevale

Pinevale is a 99-year leasehold condominium that is located at Tampines Street in District 18. It was built in 1999 and has a total of 322 units. Tampines East MRT station is located about 1.24 km away from the development. The highest EC price that the development attained was $964 PSF and the latest transaction is at $687 PSF for a 1,292 sqft unit at $888,000 in February 2018.

 

 Prices of other Condos in the area

Name	Pinevale	The Santorini	Q Bay Residences
Tenure	99 years	99 years	99 years
TOP	1999	2017	2016
Units	322	597	630
Highest PSF	964	1274	1326
Recent Price	687	1000	1110

 

6. Windermere

Windermere is a 99-year leasehold condominium that is located at Choa Chu Kang Street in District 23. It was built in 1999 and has a total of 395 units. Yew Tee MRT station is located about 400m away from the development. The highest EC price that the development attained was $720 PSF and the latest transaction is at $687 PSF for a 1,292 sqft unit at $888,000 in February 2018.

 

 Prices of other Condos in the area

Name	Windermere	Regent Grove	Yew Tee Residences
Tenure	99 years	99 years	99 years
TOP	1999	2000	2008
Units	395	553	139
Highest PSF	720	888	1103
Recent Price	687	635	965

 

7. The Florida

The Florida is a 99-year leasehold condominium that is located at Hougang Avenue in District 19. It was built in 2000 and has a total of 496 units. Hougang MRT station is located about 920m away from the development. The highest EC price that the development attained was $843 PSF and the latest transaction is at $684 PSF for a 1,389 sqft unit at $950,000 in February 2018.

 

 Prices of other Condos in the area

Name	The Florida	Rio Vista	Boathouse Residences
Tenure	99 years	99 years	99 years
TOP	2000	2004	2015
Units	496	716	493
Highest PSF	843	953	1189
Recent Price	684	793	1007

 

8. The Rivervale

The Rivervale is a 99-year leasehold condominium that is located at Punggol Road in District 19. It was built in 2000 and has a total of 671 units. Hougang MRT station is located about 920m away from the development. The highest EC price that the development attained was $873 PSF and the latest transaction is at $628 PSF for a 1,410 sqft unit at $885,000 in February 2018.

 

 Prices of other Condos in the area

Name	The Rivervale	The Quartz	Riversound Residences
Tenure	99 years	99 years	99 years
TOP	2000	2009	2015
Units	671	625	590
Highest PSF	873	1166	1338
Recent Price	628	958	978

 

9. Woodsvale

The Woodsvale is a 99-year leasehold condominium that is located at Woodlands Drive in District 25. It was built in 2000 and has a total of 696 units. Admiralty MRT station is located about 550m away from the development. The highest EC price that the development attained was $758 PSF and the latest transaction is at $644 PSF for a 1,281 sqft unit at $825,000 in January 2018.

 

 Prices of other Condos in the area

Name	Woodsvale	Rosewood	Casablanca
Tenure	99 years	99 years	99 years
TOP	2000	2003	2005
Units	696	437	478
Highest PSF	758	895	967
Recent Price	644	712	788

 

10. Yew Mei Green

Yew Mei Green is a 99-year leasehold condominium that is located at Choa Chu Kang Street in District 8. It was built in 2000 and has a total of 712 units. Yew Tee MRT station is located about 510m away from the development. The highest EC price that the development attained was $844 PSF and the latest transaction is at $693 PSF for a 1,292 sqft unit at $895,000 in February 2018.

 

 Prices of other Condos in the area

Name	Yew Mei Green	Regent Grove	Yew Tee Residences
Tenure	99 years	99 years	99 years
TOP	2000	2000	2008
Units	712	553	139
Highest PSF	844	888	1103
Recent Price	693	635	965

 

11. Summerdale

Summerdale is a 99-year leasehold condominium that is located at Boon Lay Drive in District 22. It was built in 2000 and has a total of 432 units. Boon Lay MRT station is located about 810m away from the development. The highest EC price that the development attained was $818 PSF and the latest transaction is at $716 PSF for a 1,195 sqft unit at $855,000 in February 2018.

 

 Prices of other Condos in the area

Name	Summerdale	Lakeholmz	The Centris
Tenure	99 years	99 years	99 years
TOP	2000	2005	2009
Units	432	369	610
Highest PSF	818	1103	1386
Recent Price	716	865	1027

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12. Northoaks

Northoaks is a 99-year leasehold condominium that is located at Woodlands Avenue in District 25. It was built in 2000 and has a total of 720 units. Admiralty MRT station is located about 730m away from the development. The highest EC price that the development attained was $806 PSF and the latest transaction is at $594 PSF for a 1,249 sqft unit at $742,000 in January 2018.

 

 Prices of other Condos in the area

Name	Northoaks	Rosewood	Casablanca
Tenure	99 years	99 years	99 years
TOP	2000	2003	2005
Units	720	437	478
Highest PSF	806	895	967
Recent Price	594	712	788

 

13. The Floravale

The Floravale is a 99-year leasehold condominium that is located at Westwood Avenue in District 22. It was built in 2000 and has a total of 794 units. Pioneer MRT station is located about 1.46km away from the development. The highest EC price that the development attained was $817 PSF and the latest transaction is at $661 PSF for a 1,238 sqft unit at $818,000 in January 2018.

 

 Prices of other Condos in the area

Name	The Floravale	Lakeholmz	The Centris
Tenure	99 years	99 years	99 years
TOP	2000	2005	2009
Units	794	369	610
Highest PSF	817	1103	1386
Recent Price	661	865	1027

 

14. Lilydale

Lilydale is a 99-year leasehold condominium that is located at Yishun Avenue in District 27. It was built in 2003 and has a total of 318 units. Yishun MRT station is located about 1.63km away from the development. The highest EC price that the development attained was $792 PSF and the latest transaction is at $665 PSF for a 1,195 sqft unit at $795,000 in December 2017.

 

 Prices of other Condos in the area

Name	Lilydale	Skies Miltonia	The Miltonia Residences
Tenure	99 years	99 years	99 years
TOP	2003	2016	2014
Units	318	420	410
Highest PSF	792	1355	1200
Recent Price	665	1123	959

 

15. The Eden at Tampines

The Eden at Tampines is a 99-year leasehold condominium that is located at Tampines Street 34 in District 18. It was built in 2003 and has a total of 430 units. Simei MRT station is located about 1.57km away from the development. The highest EC price that the development attained was $937 PSF and the latest transaction is at $811 PSF for a 1,356 sqft unit at $1.1 million in January 2018.

 

 Prices of other Condos in the area

Name	The Eden at Tampines	Carissa Park	Palm Isles
Tenure	99 years	99 years	99 years
TOP	2003	2001	2015
Units	430	528	429
Highest PSF	937	1110	1219
Recent Price	811	862	1078

 

16. The Dew

The Dew is a 99-year leasehold condominium that is located at Bukit Batok Street 21 in District 23. It was built in 2003 and has a total of 248 units. Bukit Batok MRT station is located about 740m away from the development. The highest EC price that the development attained was $1,044 PSF and the latest transaction is at $860 PSF for a 1,206 sqft unit at $1.037 million in January 2018.

 

 Prices of other Condos in the area

Name	The Dew	Parkview Apartments	Hillview Regency
Tenure	99 years	99 years	99 years
TOP	2003	1998	2006
Units	248	532	572
Highest PSF	1044	909	1263
Recent Price	860	662	869

 

17. Bishan Loft

Bishan Loft is a 99-year leasehold condominium that is located at Bishan Street 11 in District 20. It was built in 2003 and has a total of 384 units. Bishan MRT station is located about 570m away from the development. The highest EC price that the development attained was $1,265 PSF and the latest transaction is at $1,127 PSF for a 1,464 sqft unit at $1.65 million in February 2018.

 

 Prices of other Condos in the area

Name	Bishan Loft	Sky Habitat	Sky Vue
Tenure	99 years	99 years	99 years
TOP	2003	2015	2016
Units	384	509	694
Highest PSF	1265	1893	2031
Recent Price	1127	1452	1548

 

18. Nuovo

Nuovo is a 99-year leasehold condominium that is located at Ang Mo Kio Avenue in District 20. It was built in 2004 and has a total of 297 units. Yio Chu Kang MRT station is located about 380m away from the development. The highest EC price that the development attained was $1,054 PSF and the latest transaction is at $900 PSF for a 1,389 sqft unit at $1.25 million in February 2018.

 

 Prices of other Condos in the area

Name	Nuovo	Castle Green	Season Park
Tenure	99 years	99 years	99 years
TOP	2004	1997	1997
Units	297	664	390
Highest PSF	1054	990	962
Recent Price	900	866	851

 

19. Park Green

Park Green is a 99-year leasehold condominium that is located at Rivervale Link in District 19. It was built in 2004 and has a total of 368 units. Buangkok MRT station is located about 810m away from the development. The highest EC price that the development attained was $929 PSF and the latest transaction is at $748 PSF for a 1,378 sqft unit at $1.03 million in February 2018.

 

 Prices of other Condos in the area

Name	Park Green	The Quartz	Riversound Residences
Tenure	99 years	99 years	99 years
TOP	2004	2009	2015
Units	368	625	590
Highest PSF	929	1166	1338
Recent Price	748	958	978

 

20. Whitewater

Whitewater is a 99-year leasehold condominium that is located at Pasir Ris Street in District 18. It was built in 2005 and has a total of 397 units. Pasir Ris MRT station is located about 1.77km away from the development. The highest EC price that the development attained was $908 PSF and the latest transaction is at $708 PSF for a 1,130 sqft unit at $800,000 in February 2018.

 

 Prices of other Condos in the area

Name	Whitewater	Vue 8 Residence	Ris Grandeur
Tenure	99 years	99 years	Freehold
TOP	2005	2017	2005
Units	397	463	453
Highest PSF	908	1284	1023
Recent Price	708	1110	858

 

21. The Esparis

The Esparis is a 99-year leasehold condominium that is located at Pasir Ris Drive 4 in District 18. It was built in 2005 and has a total of 274 units. Pasir Ris MRT station is located about 1.2km away from the development. The highest EC price that the development attained was $850 PSF and the latest transaction is at $697 PSF for a 1,292 sqft unit at $900,000 in December 2017.

 

 Prices of other Condos in the area

Name	The Esparis	Sea Esta	Ripple Bay
Tenure	99 years	99 years	99 years
TOP	2005	2015	2015
Units	274	376	679
Highest PSF	850	1315	1285
Recent Price	697	995	998

 

22. The Quintet

The Quintet is a 99-year leasehold condominium that is located at Choa Chu Kang Drive in District 23. It was built in 2006 and has a total of 459 units. Yew Tee MRT station is located about 400m away from the development. The highest EC price that the development attained was $904 PSF and the latest transaction is at $734 PSF for a 1,259 sqft unit at $925,000 in February 2018.

 

 Prices of other Condos in the area

Name	The Quintet	Regent Grove	Yew Tee Residences
Tenure	99 years	99 years	99 years
TOP	2006	2000	2008
Units	459	553	139
Highest PSF	904	888	1103
Recent Price	734	635	965

 

23. La Casa

La Casa is a 99-year leasehold condominium that is located at Woodlands Drive 16 in District 25. It was built in 2008 and has a total of 444 units. Admiralty MRT station is located about 970m away from the development. The highest EC price that the development attained was $940 PSF and the latest transaction is at $707 PSF for a 1,259 sqft unit at $890,000 in January 2018.

 

 Prices of other Condos in the area

Name	La Casa	Rosewood	Casablanca
Tenure	99 years	99 years	99 years
TOP	2008	2003	2005
Units	444	437	478
Highest PSF	940	895	967
Recent Price	707	712	788

 

24. Prive

Prive is a 99-year leasehold condominium that is located at Punggol Field in District 19. It was built in 2013 and has a total of 680 units. Punggol MRT station is located about 410m away from the development. The highest EC price that the development attained was $880 PSF and the latest transaction is at $711 PSF for a 1,238 sqft unit at $880,000 in January 2018.

 

 Prices of other Condos in the area

Name	Prive	Parc Centros	Watertown
Tenure	99 years	99 years	99 years
TOP	2013	2016	2017
Units	680	618	992
Highest PSF	880	1378	1654
Recent Price	711	1074	1388

 

25. Esparina Residences

Esparina Residences is a 99-year leasehold condominium that is located at Compassvale Bow in District 19. It was built in 2013 and has a total of 573 units. Buangkok MRT station is located about 230m away from the development. The highest EC price that the development attained was $967 PSF and the latest transaction is at $953 PSF for a 829 sqft unit at $790,000 in February 2018.

 

 Prices of other Condos in the area

Name	Esparina Residences	The Quartz	Jewel @ Buangkok
Tenure	99 years	99 years	99 years
TOP	2013	2009	2016
Units	573	625	616
Highest PSF	967	1166	1448
Recent Price	953	958	1136

 

26. The Canopy

The Canopy is a 99-year leasehold condominium that is located at Yishun Avenue 11 in District 27. It was built in 2014 and has a total of 406 units. Yishun MRT station is located about 1.24km away from the development. The highest EC price that the development attained was $738 PSF and the latest transaction is at $697 PSF for a 1,033 sqft unit at $720,000 in April 2016.

 

 Prices of other Condos in the area

Name	The Canopy	Skies Miltonia	The Miltonia Residences
Tenure	99 years	99 years	99 years
TOP	2014	2016	2014
Units	406	420	410
Highest PSF	738	1355	1200
Recent Price	697	1123	959

 

27. Austville Residences

Austville Residences is a 99-year leasehold condominium that is located at Sengkang East Avenue in District 19. It was built in 2014 and has a total of 540 units. Buangkok MRT station is located about 940m away from the development. The highest EC price that the development attained was $815 PSF and the latest transaction is at $808 PSF for a 1,033 sqft unit at $835,000 in February 2018.

 

 Prices of other Condos in the area

Name	Austville Residences	The Quartz	Riversound Residences
Tenure	99 years	99 years	99 years
TOP	2014	2009	2015
Units	540	625	590
Highest PSF	815	1166	1338
Recent Price	808	958	978

 

28. Belysa

Belysa is a 99-year leasehold condominium that is located at Pasir Ris Drive in District 18. It was built in 2014 and has a total of 315 units. Pasir Ris MRT station is located about 1.09km away from the development. The highest EC price that the development attained was $836 PSF and the latest transaction is at $815 PSF for a 1,055 sqft unit at $860,000 in January 2018.

 

 Prices of other Condos in the area

Name	Belysa	Ris Grandeur	Livia
Tenure	99 years	Freehold	99 years
TOP	2014	2005	2011
Units	315	453	724
Highest PSF	836	1023	1078
Recent Price	815	858	783

 

29. Riverparc Residence

Riveparc Residence is a 99-year leasehold condominium that is located at Punggol Drive in District 19. It was built in 2014 and has a total of 504 units. Punggol MRT station is located about 700m away from the development. The highest EC price that the development attained was $963 PSF and the latest transaction is at $776 PSF for a 1,238 sqft unit at $960,000 in February 2017.

 

 Prices of other Condos in the area

Name	Riverparc Residence	River Isles	Flo Residence
Tenure	99 years	99 years	99 years
TOP	2014	2015	2016
Units	504	610	530
Highest PSF	963	1360	1086
Recent Price	776	860	892

 

30. Arc at Tampines

Arc at Tampines is a 99-year leasehold condominium that is located at Tampines Avenue in District 18. It was built in 2014 and has a total of 574 units. Tampines West MRT station is located about 1.18km away from the development. The highest EC price that the development attained was $875 PSF and the latest transaction is at $856 PSF for a 958 sqft unit at $820,000 in August 2017.

 

 Prices of other Condos in the area

Name	Arc at Tampines	The Tropica	Q Bay Residences
Tenure	99 years	99 years	99 years
TOP	2014	2000	2016
Units	574	537	630
Highest PSF	875	1001	1326
Recent Price	856	843	1110

 

31. Blossom Residences

Blossom Residences is a 99-year leasehold condominium that is located at Segar Road in District 23. It was built in 2014 and has a total of 602 units. Bukit Panjang MRT station is located about 1.59km away from the development. The highest EC price that the development attained was $850 PSF and the latest transaction is at $850 PSF for a 1,055 sqft unit at $896,750 in June 2017.

 

Prices of other Condos in the area

Name	Blossom Residences	Hillion Residences	The Tennery
Tenure	99 years	99 years	99 years
TOP	2014	2017	2014
Units	602	546	338
Highest PSF	850	1707	1431
Recent Price	850	1531	1239

Frequently asked questions

What is an executive condominium (EC) and how does it differ from private condominiums?

An EC is built by private developers for middle-income households, with prices lower than surrounding private condos. It has a 5-year minimum occupation period before resale and fully privatizes after 10 years, but its price should be comparable to private condos in the area.

How have EC prices changed over the years compared to other condominiums in the vicinity?

EC prices peaked from 2010 to 2013, with high demand, but cooled after late 2013 due to government measures. Prices are generally lower than private condos initially but tend to align with private condo prices after the minimum occupation period.

What are some examples of ECs and their recent transaction prices?

Examples include Eastvale at $604 PSF in February 2018, Westmere at $911 PSF, and Pinevale at $687 PSF, among others. These prices reflect recent transactions and vary by location and development.

Are ECs fully privatized and how long does it take?

ECs are only fully privatized after 10 years from their launch date, after which they are considered private condominiums.

What factors should I consider when choosing between an EC and a BTO?

Consider your income eligibility, the minimum occupation period, the location, and whether the EC's price aligns with private condo prices in the area. Also, assess your long-term plans regarding resale and privatization.