08/05/2026
๐จ MAJOR EC POLICY CHANGES JUST ANNOUNCED ๐จ
The Government has just announced significant changes to the Executive Condominium (EC) framework, including:
โช๏ธ Minimum Occupation Period (MOP) extended from 5 to 10 years
โช๏ธ Higher priority allocation for first-time buyers
โช๏ธ Extended priority period for first-timers
โช๏ธ Removal of Deferred Payment Scheme (DPS)
What does this mean for:
๐ First-time buyers?
๐ HDB upgraders?
๐ Existing EC owners?
๐ Upcoming EC launches?
Keen to find out how this may affect the market or your plans? Ask me! โบ๏ธ
Developers can also no longer offer the Deferred Payment Scheme for executive condominiums as part of measures to help first-time home buyers get a unit amid rising prices.