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| Aspect | Condominium (Condo) | Executive Condominium (EC) |
|---|---|---|
| Target Audience | General public, including foreigners | Singaporeans, especially young graduates and professionals who can afford more than an HDB flat but find private property out of their reach |
| Development | Developed and sold by private developers | Developed and sold by private developers |
| Design and Facilities | Comparable to ECs | Comparable to private condominiums |
| Eligibility | No specific eligibility criteria | Subject to eligibility conditions such as citizenship, age, family nucleus, income ceiling, and ownership in private property |
| Ownership Restrictions | No restrictions | HDB restrictions apply for the first 10 years; after 10 years, restrictions are lifted and foreigners can buy ECs |