Recorded Live Discussion with Kelvin Fong CEO PropNex
π¨ MAJOR EC POLICY CHANGES JUST ANNOUNCED π¨
The Government has just announced significant changes to the Executive Condominium (EC) framework, including:
▪️ Minimum Occupation Period (MOP) extended from 5 to 10 years
▪️ Higher priority allocation for first-time buyers
▪️ Extended priority period for first-timers
▪️ Removal of Deferred Payment Scheme (DPS)
What does this mean for:
π First-time buyers?
π HDB upgraders?
π Existing EC owners?
π Upcoming EC launches?
✔️ What changed
✔️ Why the Government introduced these measures
✔️ Immediate market impact
✔️ Opportunities and risks moving forward
✔️ What consumers should take note of before making their next property decision
Don’t miss this timely breakdown — especially if you are considering buying, upgrading, or exploring an EC.
from Edmund Ee https://www.youtube.com/watch?v=MEBU76R4V4M
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