Everything we Need to Know About Executive Condominium

Johnwilsontech09 Aug, 2021Business

ECs are developed and sold by private developers but are subsidized by the government. As such, while they have condo-like attributes such as swimming pools, gyms, clubhouse and better design, they are cheaper compared to private condos. As former National Development Minister Khaw Boon Wan puts it, it's like buying a Lexus at the price of a Corolla.