Executive condo (EC)

Still, the latest monthly sales figure is up 43.3% from the year before

Launch of the tender follows the government rolling out new measures to cool the heated market

Needs and financial circumstances of owners of HDB Plus and Prime flats and new EC units can change

The Outside Central Region accounts for 87.7% of condo and private apartment deals last month

Scrapping of deferred payments could be a major blow to sales on sites sold in the future

Strengthening the housing system helps boost social cohesion

Land bids, new launch sales expected to slow with first-timer priority raised to 90% of units, extended to 2 years

ECs among top percentage gainers with profits of 130%-140%; biggest losers suffer losses of up to S$1.9m

Developers expected to maintain more selective bidding approach as supply pipeline builds