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2 months ago General
Recent changes to executive condominium (EC) rules could affect how buyers plan their next property move. From a longer minimum occupation period to changes in financing, the new measures may reshape who finds ECs attractive and whether they still fit into an upgrading strategy. Andrea Heng sits down with Ryan Ong from Stacked Homes to discuss how to assess whether buying an EC still makes sense.
Blurb: Considering an EC? Factor in how a longer holding period could affect your future upgrading plans and borrowing options, says our guest on the Money Talks podcast.
YT chapter markers:
00:56 Minimum occupation period doubles
02:05 Upgraders worry about loan tenure
03:00 No more Deferred Payment Scheme
04:24 Will EC affordability change?
05:02 Who will still find ECs attractive?
06:05 More units for first-time families
07:12 Full privatisation pushed to 15 years
08:34 Biggest winners and losers
10:49 Rush for last five-year MOP projects?
14:28 Are ECs still value for money?
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