As of May 8, 2026, Singapore has implemented strict new rules for new Executive Condominium (EC) land sales, doubling the Minimum Occupation Period (MOP) to 10 years and scrapping the Deferred Payment Scheme (DPS). These measures prioritize genuine home-buyers, increase first-timer quotas to 90%, and aim to curb investment-driven speculation.

Key Changes (Effective 8 May 2026)

10-Year MOP: Owners must live in their units for 10 years before selling or renting out the entire unit, up from 5 years.
15-Year Privatization: ECs will only be fully privatized after 15 years, allowing sale to foreigners only after this period.
No Deferred Payment Scheme (DPS): The option for developers to offer DPS is removed, requiring progressive payments, which forces buyers to pay higher upfront costs and bank loan repayments sooner.
90% First-Timer Quota: The quota of units reserved for first-time buyers is increased from 70% to 90%.
Extended Priority Period: The application period for first-time buyers is extended to 2 years, improving their chances to secure units.

Findings show that EC is a practical alternative to private condominium. They augur well for the EC market and buyers will feel even more confident that EC are reasonable investments to commit to.

For AVAILABLE UNITS / brochures/prices, appointments & enquiries / contact 96462822 for more details
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LEFT FEW CHOICE UNITS ONLY!

COASTAL CABANA ～ Jalan Loyang Besar EC (Pasir Ris / Downtown East) – Developer QingJian

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OTTO PLACE – Fully Sold

OTTO PLACE – LOCATION SITE IS JUST BESIDE NOVO PLACE EXECUTIVE CONDOMINIUM.

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For LATEST AVAILABLE UNITS / brochures/prices, appointments & enquiries / contact 96462822 for more details

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AURELLE Of Tampines

Fully SOLD!

▶️5-Minutes walk to Future Parktoww Mall, Tampines North MRT, Hawker Centre & Community Club

▶️14 Blocks of 14 Storey

▶️Total 760 units comprising 3/4/5 bedrooms type

After a dramatic 12-hours booking process (10am to 10pm) for 1771 out of about 2500 applicants who dropped their tickets for 𝐀𝐮𝐫𝐞𝐥𝐥𝐞 𝐎𝐟 𝐓𝐚𝐦𝐩𝐢𝐧𝐞𝐬 queue balloting exercise … 90% of the 760 units were sold on 8th March 2025 (1st Day of Booking)‼️

ON SECOND BALLOTING Day, one month later was fully sold !

NOVO PLACE

FULLY SOLD

NOVO PLACE EXECUTIVE CONDOMINIUM situated at Plantation Close, enjoys excellent connectivity to other parts of Singapore, making it an attractive location for residents. This executive condominium is advantageously located near major roads and expressways, enhancing its accessibility. Key thoroughfares such as the Pan Island Expressway (PIE) and the Kranji Expressway (KJE) are easily accessible, providing swift routes across the island. Additionally, the Bukit Timah Expressway (BKE) offers direct connections to the northern and central regions of Singapore.

Residents of NOVO PLACE EC will also benefit from proximity to several Mass Rapid Transit (MRT) stations. The upcoming Tengah Park MRT station, part of the Jurong Region Line, is just a short distance away, ensuring convenient access to the rail network. The nearby Jurong East MRT station, a major interchange connecting the North-South Line and the East-West Line, further enhances connectivity, facilitating easy travel to the Central Business District and other key areas.

Comprising 504 units of 7 blocks 18 storey high rise with basement parking.