Update: New rules prioritising first-time buyers may curb exuberance in EC land bids, new launches
Summary of EC Changes :
1. These new measures will apply to all EC Government Land Sales (GLS) sites with tender closing dates on or after Friday 8 May 2026.
2. Removal of DPS. The ministry also announced that developers will no longer be able to offer a Deferred Payment Scheme (DPS)
3. The minimum occupation period (MOP) for executive condominiums (ECs) will be raised from five years to 10 years.
4. New ECs will also become fully privatised after 15 years.
5. Currently, developers must reserve 70 per cent of EC units for first-timer families during the first month from the project’s launch date. This quota will be increased to 90 per cent, and the priority period will be extended to two years. After the two-year period, developers can sell the remaining units to all eligible buyers, including second-time buyers.
Upcoming EC projects that are not affected by the latest policy changes.
Following the latest policy updates, buyers may continue exploring future EC options that remain unaffected, subject to official launch timelines and eligibility.
➢ Hybrid of public and private housing in Singapore.
➢ Resemble private condominiums with a gated compound with security, facilities like swimming pools, clubhouses, playgrounds etc.
➢ Built and sold by private developers, at a price lower than private homes because the land prices are subsidised by the Government.
➢ Buyers need to meet several eligibility conditions such as citizenship, age, income, and property ownership.
➢ Buyers can take Central Provident Fund (CPF) grants to pay for an EC bought from a developer.
➢ EC is subject to some regulations that apply to HDB flats.
➢ Buyers' household income must not exceed $16,000.
➢ Minimum occupancy period (MOP) of five years.
➢ Resale levy applies to ECs whose land sales were launched on or after 9 December 2013
Here is the summary of eligibility conditions of buying EC
