Why is EC cheaper?

Secondly, the government subsidises the land prices for executive condos. This is why ECs are typically cheaper than their private counterparts at launch. Moreover, as discussed, the government allows EC buyers to take advantage of certain CPF housing grants, such as the Family Grant and the Half-Housing Grant.

Is EC worth buying?

EC is a luxury/expense and should be treated as such. 10k is not enough to comfortably afford an EC for sure. Investment wise, better off investing in equities. After you account for the loan interest rates from a larger quantum, monthly servicing fees, EC appreciation isn't that great anyway.

Why is EC cheaper than condo?

ECs are generally more affordable than private condominiums. This is due to government subsidies, lower land costs, and eligibility restrictions that limit demand. For example, new ECs are usually priced 20% to 30% lower than nearby private condominiums.

What is the cheapest EC?

Should I get an EC?

Yes, buying an EC is a good way to grow your wealth. Timing to sell is everything. As long as you have holding power, you sure make money.

#EP22 Is Executive Condo (EC) still a Cheaper Option?

Can I sell my EC after 5 years?

You will need to meet the Minimum Occupation Period (MOP) of 5 years before you can sell your EC. The MOP is calculated from the Temporary Occupation Permit (TOP) date for your EC. To find out if you have met the MOP, you may wish to check the TOP date for your EC or contact HDB.

Can EC make money?

Mr Melvin Lim, co-founder and chief executive of PropertyLimBrothers, cautioned, however, that while ECs are often seen as a profitable investment, they do not always guarantee gains. “In reality, around 1,000 owners who purchased EC units at launch ended up selling at a loss instead of making a profit,” he added.

Do electric cars need oil changes?

Electric cars use completely different drivetrains, so you will never have to worry about routine oil changes that are necessary for traditional cars. Though your electric car does not need oil, it requires a routine check on these 3 fluids in EVs; coolant, brake fluid, and windshield washing fluid.

How much does it cost to charge an EC?

Cost Savings with Home Charging: Home EV charging costs $6.80 for a 40 kWh battery at $0.17/kWh, translating to $0.05 per mile and annual costs of $506-$720 for 13,489 miles, compared to $1,600-$2,100 for gas vehicles, offering significant fuel savings.

What is the maximum income for EC?

Why is EC dropping?

If the EC level drops, it is an indication that your plant is uptaking more nutrients than water. So, if the EC has fallen dramatically, top up with a stronger hydroponic nutrient solution. If you decide on using a stronger solution, monitor the EC level closely to check how your plants are responding.

Why are ECs so expensive?

Inflation, higher labour costs, and supply chain disruptions have all driven up the cost of building. These increases aren't unique to ECs, of course — they're hitting every segment of the property market — but because ECs are supposed to remain affordable, this squeeze is more keenly felt.

How long is EC good for?

You can use emergency contraception up to 5 days (120 hours) after unprotected sex. So it's important to act quickly so you have the best options possible. It can take time to get emergency contraception, so the sooner you start looking for it, the better. IUDs and ella are just as effective throughout the 5 days.

How much bank loan for EC?

For Executive Condominium, the banks are able to loan you up to 75% of the property value, you would need to have 5% cash for the booking fee, the remaining 20%, buyer stamp duty and legal fee by cash or CPF.

Can you buy EC twice?

If you've already bought 2 such apartments, you cannot apply for, or be listed as an essential occupier in an application to buy a new EC. Basically, an eligible Singapore Citizen is only allowed to buy the above properties twice in total, not twice per type of property.

Can I buy EC resale?

Yes, singles can buy a resale EC. Unlike resale HDB flats, which require singles to wait until they are 35 years old under the Singles Scheme, resale ECs offer more flexibility. Singles as young as 21 years old can purchase a resale EC, provided it has completed its 5-year Minimum Occupation Period (MOP).

What is the difference between EC and condo?

EC – executive condominiums are known for their larger floor area when compared to private condos. Private condo – a 3BR executive condo features a larger floor area than a 3BR private condo.

Can an EC owner downgrade to HDB?

Owners of EC units can also downgrade to an HDB flat in Singapore. However, if the EC was purchased directly from a developer and you are planning to buy another subsidised flat, such as a new HDB or another EC, you will be subject to a resale levy.

Can I buy an EC alone?

If you are buying alone, you can only purchase a resale EC (without a CPF housing grant). If you are a single SC and buying under the Joint Singles Scheme, the minimum age criteria is at least 35 years. Single buyers below 35 cannot purchase a new EC unless jointly applying with eligible family members.

Will electric cars have a 500 mile range?

The average range of modern electric vehicles has increased by over 140% in the past decade, with many 2025 models exceeding 300 miles on a single charge and premium options approaching 500 miles.

Does any EV have a 400 mile range?

Polestar 2 – 657km (408 miles)

Surprisingly, it's this Polestar that is the second most efficient car on this list. Despite having come out in 2020, Polestar has continually improved it, for example switching it to rear-wheel drive in 2023.

Is an EC worth it?

Potential capital appreciation and resale value

ECs may offer greater potential for price appreciation upon resale compared to BTO flats. This is partly due to recent changes in BTO regulations, such as the introduction of Prime and Plus categories, which aim to reduce the frequency of resales.