HDB Upgraders and Executive Condominium

Video description from @alanweeproperty

HDB Upgraders and Executive Condominium

In this video, I am going to talk about HDB upgraders and their relationship with Executive Condominium. EC comes with many restrictions and not all are eligible for them. I will be discussing how we can further improve this decades-old housing segment such that more HDB upgraders can upgrade to a more affordable private property.

My proposal includes:

• Increase Mortgage Service Ratio
• Raise Income Ceiling
• Priority Booking
• More Attractive EC Sites – Prime EC


Alan Wee
CEA Reg No. R024730A
https://wa.me/+6592973150
www.AlanWeeProperty.com (Resale)
www.AlanWee.com (New Homes)
youtube.com/@alanweeproperty
FB: www.facebook.com/AlanWeeProperty
I am a licensed housing agent with ERA Realty Network Pte Ltd.

References:

https://www.ura.gov.sg/Corporate/Land-Sales/Current-URA-GLS-Sites
https://www.straitstimes.com/business/15-month-waiting-time-for-ec-launches-stays-mnd
https://www.mas.gov.sg/regulation/explainers/new-housing-loans/msr-and-tdsr-rules
https://form.gov.sg/64b73b06b319a90012dea2e3
https://www.straitstimes.com/singapore/housing/hdb-looking-into-relaxing-cpf-usage-rules-for-older-flats-even-if-remaining-lease
https://www.hdb.gov.sg/business/land-developers-and-land-users/buying-land-land-sales/government-land-sales
https://www.population.gov.sg/our-population/population-trends/overview/
https://www.edgeprop.sg/property-news/tenet-ec-932-sold-after-balloting-second-time-buyers
https://www.businesstimes.com.sg/property/property-2023-september-issue/executive-condos-are-still-residential-market-darlings
https://www.singstat.gov.sg/modules/infographics/population
https://www.youtube.com/watch?v=GPNVG0DIAGk
https://www.hdb.gov.sg/cs/infoweb/about-us/news-and-publications/press-releases/19600-BTO-flats-to-be-launched-in-2024-across-three-sales-exercises
https://www.businesstimes.com.sg/property/first-owners-executive-condominiums-make-average-gains-s322220-when-selling-huttons-asia