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Yi Qian

Are Executive Condominiums (ECs) still affordable in 2025, or have rising prices and outdated policies priced out Singapore’s middle class?

April 23, 2025

Market Analysis: Are Executive Condominiums (ECs) Just Too Unaffordable Now?

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …