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Upgrading from an HDB to an New Launch Executive Condominium (EC) or a MOP EC?

Updated: Jan 24

After the Minimum Occupation Period (MOP) of your HDB flat has ended, the options after HDB MOP you may be considering from hdb upgrade to EC

Today we will touch on

considering between MOP EC or New launch ec

Both provide the allure of private property ownership without breaking the bank, but there are some eligibility requirements that must be met.

Here's a side-by-side comparison of the two options after HDB mop to help you decide which is best for you.

#1 we will need to talk about the strict criteria of executive condo

To purchase an new executive condo singapore, you must meet certain eligibility requirements, such as being a Singaporean citizen or permanent resident and having a certain monthly household income ceiling. A MOP EC, on the other hand, can be purchased after the development's 5-year Minimum Occupation Period (MOP), with no restrictions on citizenship or income.

#2 The attractive price point

ECs are typically less expensive than new launch condo singapore, and prices are set by the developer at the time of launch. MOP ECs may be less expensive than new launch ECs because they can be purchased on the resale market after the MOP. Both ECs and MOP ECs can be financed through a bank loan, with a maximum loan tenure of 25 years.

#3 The luxury facilities, an upgrade of lifestyle

Swimming pools, tennis courts, and gyms are common features of ECs that are not found in HDBs. MOP ECs may also have a good range of amenities because they were designed for private condominium living.

#4 The convenient location

ECs are typically located in less mature estates with good transportation access to nearby amenities. Depending on the location of the development, MOP ECs can be found in both mature and non-mature estates.

#5 Restrictions on resale

Both ECs and MOP ECs have resale restrictions in the first few years of ownership to prevent speculation and ensure that the property is purchased for owner-occupation. After the 5-year MOP, ECs can only be sold to Singaporeans or permanent residents, and to foreigners after the 10-year privatisation period. MOP ECs, on the other hand, can be sold to anyone after a 5-year MOP and are fully privatised after a 10-year period.

if you are looking for a more affordable private property option and meet the eligibility requirements, an new executive condo singapore may be a good option for you. However, if you are willing to wait a few more years, a MOP EC may be a more flexible option, as there are no restrictions on citizenship or income, and you can buy it on the secondary market. Finally, the decision is determined by your personal circumstances and preferences.

A breakdown table:


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If you have a plan in mind but not sure if it works well – do share with us or let us know.

We will do our best to assist you to make sure you look at your plan from multiple angles and ensure you have a very clear picture on what’s going on.

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