Condominiums, ECs and Apartments, What are the differences?

Condominiums, apartments and executive condominiums (EC) are the three types of non-landed properties aside from Housing Development Board (HDB) flats. The differences between the three often confuse prospective home buyers. The table below provide clarity through laying out the most pertinent differences between the three:

¹⁾ Seller’s Stamp Duty
²⁾ Total Debt Servicing Ratio
³⁾ Mortgage Servicing Ratio
⁴⁾ Additional Buyer’s Stamp Duty

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