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With the new measures, buyers of new ECs will need to fulfil the 10-year MOP before they can rent out their whole unit, purchase another residential property or sell their unit to Singaporeans and permanent residents.<\/p>\n
ECs will be fully privatised after 15 years, up from the current 10. After the 15th year, it can be sold to any buyer.<\/p>\n
Mr Fong said the extended MOP is key for prospective buyers who had planned to buy and resell their EC units after reaching the five-year MOP.\u00a0<\/p>\n
However, it is unlikely to deter genuine owner-occupiers who intend to live in the unit for an extensive period of time.<\/p>\n
Mr Fong said the change aligns with the public housing framework, where Housing and Development Board (HDB) flats under the Prime and Plus models are also subject to longer MOPs.<\/p>\n
\u201cWe do not expect any immediate impact to the private residential resale market, but the effects of the 10-year MOP on new ECs may be felt further down the road with a reduced flow of younger resale ECs into the market,\u201d he said.<\/p>\n
\u201cThis may steer prospective buyers to other private resale condos and new mass-market project launches.\u201d<\/p>\n
Huttons\u2019 Mr Yip noted that there has been a rising number of ECs sold in the resale market after five years, some reselling for over S$1 million above the launch price.<\/p>\n
In 2025, there were 162 such transactions, with the average holding period at 9.6 years.<\/p>\n
As the average holding period for current EC owners is close to 10 years, the new longer MOP is unlikely to reduce the appeal of ECs.<\/p>\n
\u201cThis trend is similar to the HDB resale market where buyers favour newly-MOP flats with no resale restrictions,\u201d he added.<\/p>\n
Experts agreed that the removal of the Deferred Payment Scheme will encourage buyers to be more prudent in purchasing ECs.<\/p>\n
The scheme allows buyers to pay 20 per cent of the purchase price upfront and the remaining 80 per cent when the project obtains its Temporary Occupation Permit.<\/p>\n
With its removal, all EC buyers will have to use the Normal Payment Scheme, where buyers make progressive payments based on construction milestones.<\/p>\n<\/div>\n