How do I check my MSR or TDSR eligibility?

You can use the MSR / TDSR calculator to estimate your monthly loan eligibility here: https://sembawang.ec.sg/msr-tdsr-calculator/

Who is eligible to buy an executive condo in Singapore?

You must be a Singapore Citizen, apply under a valid HDB scheme, meet income ceiling and family nucleus requirements, and not own other properties locally or overseas. More info here: https://sembawang.ec.sg/executive-condo-eligibility/

The resale levy payable is determined at the point you book your second subsidised flat. It applies regardless of ownership type (joint-tenancy or tenancy-in-common) or shared interest in the flat. Calculate how much is your resale levy: https://sembawang.ec.sg/resale-levy-calculator/

EC Payment Scheme

Official Developer Sales
No ABSD
$30K CPF Housing Grant
Deferred Payment Scheme
Early Bird Discount!

6911 6100

Progressive Payment Scheme

Progressive payment is an instalment payment scheme for buildings under construction (BUC). In this payment structure, you only need to make a payment once a specific construction phase has been completed.

Progressive payment

Stage of Construction	% of Purchase Price
Booking of Unit	5% Cash
Upon signing of S&P or within 8-week from the Option Date	15% Cash or CPF
Completion of foundation work	10% of Purchase Price (5% Cash/CPF - 5% Cash/CPF/Loan)
Completion of reinforced concrete framework	10% of Purchase Price (10% Cash/CPF/Loan)
Completion of partitions walls	5% of Purchase Price (5% Cash/CPF/Loan)
Completion of roofing	5% of Purchase Price (5% Cash/CPF/Loan)
Completion of door frames, windows frames, electrical wiring, internal plastering and plumbing	5% of Purchase Price (5% Cash/CPF/Loan)
Completion of car park, drains and roads serving the housing project	5% of Purchase Price (5% Cash/CPF/Loan)
Obtained Temporary Occupation Permit (TOP)	25% of Purchase Price (25% Cash/CPF/Loan)
Obtained Certificate of Statutory Completion (CSC)	15% of Purchase Price (15% Cash/CPF/Loan)

Progressive Payment Calculator

Deferred Payment Scheme

The Deferred Payment Scheme (DPS) allows property buyers to delay most of the payment until the property is fully constructed, providing greater flexibility. It’s often paired with an EC bridging loan for HDB upgraders to ease financing while managing the sale of their existing HDB flat.

Opting for the Deferred Payment Scheme incurs an extra 3–4% on the purchase price.

Deferred payment

Stage of Constuction	% of Purchase Price
Booking of Unit	5% Cash
Upon signing of S&P or within 8-week from the Option Date	15% Cash or CPF
Obtained Temporary Occupation Permit (TOP)	65% of Purchase Price (5% Cash/CPF - 60% Cash/CPF/Loan)
Obtained Certificate of Statutory Completion (CSC)	15% of Purchase Price (15% Cash/CPF/Loan)

Deferred Payment Calculator

Official Developer Sales
No ABSD
$30K CPF Housing Grant
Deferred Payment Scheme
Early Bird Discount!

Progressive Payment Scheme

Progressive payment is an instalment payment scheme for buildings under construction (BUC). In this payment structure, you only need to make a payment once a specific construction phase has been completed.

Progressive payment

Deferred Payment Scheme

Deferred payment

Confused about payment options? Get in touch!

Sembawang EC

Developers

Not Awarded Yet

6911 6100

sales@ec.sg