Source: North Gaia EC
Since an EC starts as public housing, the buyers must comply with the following terms & conditions set by the HDB.
Family nucleus
You can apply to buy a new EC under one of the following eligibility schemes:
Public Scheme (Family nucleus such as spouses + children, or you + parents + siblings)
Fiancé/ Fiancée Scheme
Orphans Scheme
Joint Singles Scheme
Citizenship
At least one of the applicants needs to be a Singapore Citizen (SC), with the other being an SC or Singapore Permanent Resident (SPR).
Both applicants must be SC if they are buying under the Singles scheme.
Age
At least 21 years old.
At least 35 years old, if 2 or more singles are applying jointly.
Income
The monthly household income must not exceed $16,000.
Property ownership
Buyers must not have owned or disposed of any local or overseas private property within the last 30 months.
Buyers must not have bought more than one HDB, DBSS or EC flat previously.
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