Month: November 2022

When you decide to buy an EC unit, it is important to know the rules for buying. Foreigners cannot purchase ECs directly from developers. They have to register their interest. You can do so by filling out an e-application form. Developers will check your details to make sure you’re eligible to purchase an EC unit. Once you’re accepted, you’ll be given a ballot number and appointment date.

The HDB EC market is set to gain momentum this year. This is largely due to the increase in new EC launches, and the fact that prices of private condos in the surrounding areas are increasing. This means that the prices of resale ECs are expected to increase, but the pace will depend on the overall housing market and economy.

The March to July window is critical for resale transactions before the Hungry Ghost Month. ERA Realty key executive officer Eugene Lim …