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Joel Goh

3 developments

Executive condominium launches

ECs are sold with eligibility conditions and an income ceiling, and they privatise ten years after completion. The binding constraint on an EC purchase is usually the Mortgage Servicing Ratio at 30% of gross income, not the 55% TDSR that governs private property.

A filter is not a shortlist

Tenure and type narrow the field; they do not rank it. What ranks it is your quantum ceiling, whether ABSD applies, and how long you intend to hold.

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