The executive condominium was introduced to cater to Singaporeans, especially young executives and professionals who can afford more than an HDB flat but find private property above their housing budget. The executive condominium is competitive in design and execution. Facilities of the executive condominium are also comparable to the private condominium, from the almost mandatory swimming pool to the adventurous children's playground. The executive condominium is after all, conceptualised by the same private developers of the private condominium.

Pros and Cons of living in an Executive Condominium

The executive condominium is usually found right in the heartlands. Many an executive condomnium is conveniently located near the town centre. This means amenities such as schools, eateries, shops and even a supermarket can be reached within minutes from the executive condominium.

As stated, the executive condominium is much like the private condominium. The difference lies in the affordability of the executive condominium. There are however, some HDB procedures and policies to follow if you wish to purchase an executive condominium. Despite this, the executive condominium is in demand and the market for it will continue to grow. Catch the opportunity before it slips you by!

See also -Condominium

See also -Condo