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  • Executive Condos for Rent in Singapore

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    Being one of the world’s best countries to live in, Singapore boasts a strong economy and likely invites more and more foreigners to the Heartland especially due to the high number of career opportunities offered. Foreigners or not, should you look to find a place to live in this vibrant country, executive condominium (EC) rentals might be the first and interesting option that comes to mind. Originally introduced in 1996 as the solution to the high prices of private housing, executive condo aims to cater to the middle-income home buyers. Now, it is also a preferable option for temporary housing. Executive condos for rent are highly sought after by mainly young graduates and professionals who seek top-class amenities at their doorstep with the lowest expenses. Renting an EC unit is indeed a smart option for those who do not want to be tied down by permanent residency or may not stay in one particular neighbourhood for long.  As a hybrid of public and private housing, executive condominiums offer outstanding facilities such as swimming pools, gyms, clubhouses, and 24-hour securities just like private condominiums do. Although the purchasing regulations of the property might be pretty strict and require you to fall under several particular schemes resembling public housing clauses, the rules for executive rent are way more flexible. The eligibility requirement where you have to be a Singapore permanent resident (SPR) to purchase an EC unit is a part of the reasons why some people choose to rent them instead. Luckily, you can easily find an EC for rent all over the Heartland. Several new launched executive condos which might deserve your attention include Parc Canberra, OLA, Parc Life, and Northwave, among others. As for older developments, you may want to consider EC rentals at La Casa, Heron Bay, Skypark Residences, and many other notable executive condominiums in Singapore.
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