Executive condo (EC)

The ceiling will be raised to S$18,000 for ECs and to S$16,000 for HDB BTO flats

Analysts expect cautious bidding given its weaker location appeal and a strong supply pipeline in the north

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