top of page

Executive

Condominium

CPF 1
CPF Logo

CPF Housing Grant for Executive Condominiums (ECs)

Under the CPF Housing Grant Scheme, you may be eligible to receive a housing subsidy of up to $30,000 when you buy an Executive Condominium (EC) unit from a property developer.
 

Core family nucleus

A household’s eligibility for housing subsidies is assessed based on the core family nucleus, which is formed by the core member(s). Core members refer to the applicant(s) and occupier(s) who enable the household to qualify for the EC unit purchase under an eligibility scheme. All core members must remain in the EC application, and physically occupy the EC unit during the minimum occupation period (MOP) after the EC unit purchase. Their names cannot be removed.

Eligibility conditions

Household                                           Assistance for

Criteria                                                                                                                 Details

  • Couples, families or orphaned siblings who are first-timer applicants buying an EC unit from a property developer

  • First-timer Singapore Citizen (SC) applicants and Singapore Permanent Resident (SPR) applicants or occupiers whose fiancé/fiancée/spouse/ sibling has previously taken any housing subsidy


Refer to the eligibility conditions for more information.

Citizenship                                                       You must:​

  • Be an SC

  • Include at least 1 other SC or SPR

Age                                                         At least 21 years old

Household status                             At least 1 core member is a first-timer to receive the housing grant. First-timer core 
                                                                 member(s) must not have taken any housing subsidy before.

Interest or ownership in a property

You are considered to own or have an interest in a property if you have acquired a property through purchase or when it is:

  • Acquired by gift;

  • Inherited as a beneficiary under a will or from the Intestate Succession Act;

  • Owned, acquired, or disposed of through nominees; or

  • Acquired by holding on trust for another person/ entity.

The conditions on ownership/ interest in private residential and non-residential property apply to all local and overseas properties that are completed or uncompleted, and include but are not limited to the following:

Private residential property                                                             Non-residential property

A house, building, land that is under a residential land zoning (including land with multiple land zoning[1]), Executive Condominium (EC) unit, privatised HUDC flat and mixed use development[2].
 

[1] E.g. residential with commercial at 1st storey or commercial and residential zoning.
[2] E.g. properties with a residential component, such as HDB shop with living quarters or shophouse.

A property under a non-residential land zoning and/ or the permitted use does not include housing.

​

This may include commercial properties (e.g. shops or offices), industrial properties, market/ hawker stalls, or vacant/ plantation/ agricultural land.

Private residential property

All applicants and occupiers listed in the EC application:

  • Must not own or have an interest in any local or overseas private residential property; and

  • Must not have disposed of any private residential property in the last 30 months, from the legal completion date[3], before EC application.
     

[3] For example, if the private residential property was disposed of on 1 January 2024, based on the legal completion date of disposal, you may apply to buy an EC unit on or after 1 July 2026.  

Non-residential property

For EC land sales launched on or after 9 May 2023 (including those where the tenders have not closed), all persons listed in the EC application can, as a household, own or have an interest in not more than 1 non-residential property[4] at EC application and up to 30 months before EC application.


If the applicants and occupiers own or have an interest in more than 1 non-residential property, they must have disposed of the other non-residential properties at least 30 months (counted from the legal completion date of the disposal of the interest) before EC application.
 

[4] This is regardless of the share of ownership in the non-residential property. If the applicants and occupiers own the same non-residential property, the household is considered as owning 1 non-residential property.

Amount                                               First-timer households

Average gross monthly household income of all persons listed in the EC application i.e. applicants and occupiers

CPF Housing Grant amount

  SC/SC                                                SC/SPR
household                                         household

$10,000 or lower                                                             $30,000                                                $20,000

$10,001 to $11,000                                                         $20,000                                                $10,000

$11,001 to $12,000                                                          $10,000                                                      Nil

$12,001 to $16,000                                                             Nil                                                               Nil

First-timer and second-timer couples

Average gross monthly household income of all persons listed in the EC application i.e. applicants and occupiers

               SC/SC household

CPF Housing Grant amount

$10,000 or lower                                                                                                  $15,000

$10,001 to $11,000                                                                                              $10,000

$11,001 to $12,000                                                                                               $5,000

$12,001 to $16,000                                                                                                    Nil

Citizen Top-Up (for SC/ SPR households)

You may apply for the Citizen Top-Up of $10,000 when a qualifying member of your SC/SPR household obtains Singapore citizenship. You must submit your application to HDB within 6 months of being eligible for it.

Distribution and usage of housing grant 

If your household is eligible for the CPF Housing Grant, first-timer SC members of the core family nucleus will receive the grant based on their eligible share. It will be credited into their CPF Ordinary Accounts.

The CPF Housing Grant received by core applicants can be used to:

  • Offset the purchase price of the EC unit

  • Reduce the housing loan required for the EC unit purchase

Example

Mr and Mrs O have booked an EC unit.

Details of Mr. and Mrs. Q

Citizenship                                                                                  Mr O is an SC and Mrs O is an SPR

Household status                                                                    First-timers

Average household monthly income                              $10,500

Details of CPF Housing Grant

CPF Housing Grant amount                                               $10,000

Disbursement to CPF Ordinary Account                      Mr and Mrs O will each receive a CPF housing grant of $5,000.

                                                                                                       Subsequently, if Mrs O obtains Singapore citizenship or the couple has an SC
                                                                                                        child, they may apply for the $10,000 Citizen Top-Up.

Source: https://www.cpf.gov.sg/member

Ownership/ Interest in property in Singapore or overseas other than HDB flat

Multi choice

General Enquiries

Your dream home made possible
Call

Call us @ 97932794  

Living Room
Call
Living Room

Chat with us

Your preferred partner on your property journey
Your Singapore properties site
As a team of highly trained Real Estate Consultants, we are dedicated to fulfilling your housing requirements and maximizing the long-term appreciation of your property assets. We achieve this by leveraging cutting-edge technologies, collaborating with trusted resources, and maintaining a deep understanding of evolving government housing policies. We invite you to schedule a no-obligation consultation to discuss your specific needs
bottom of page