a unique residential property that combines features of both a condominium and public housing. Initially developed by private companies on government-sold land, an EC follows specific regulations from the Housing & Development Board (HDB) until it becomes semi or fully privatised.

​

Buyers looking for a blend of exclusivity and shared amenities often opt for ECs. These properties offer a more affordable alternative to private condos, making them particularly attractive to first-time homebuyers. Living in an EC provides the prestige of condominium living at a lower cost. Over time, as the EC transitions to private ownership, owners can potentially benefit from capital gains upon selling. Additionally, a financing option known as the Deferred Payment Scheme allows buyers to pay only a 20% down payment initially and the rest upon receiving their unit's keys.