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Singapore's Ministry of National Development just announced the most significant overhaul of the Executive Condominium scheme since it was introduced in 1995. Three sweeping changes took effect on May 8, 2026, applying to all new EC Government Land Sales sites with tender closing dates from today onwards. If you were planning to buy an EC — or already own one — here is what you need to understand.
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Singapore's HDB resale market remained firmly active in Q1 2026, with 6,068 transactions recorded across January to March — and a market-wide average resale price of S$658,448.
But averages mask a far more interesting story. Beneath the headline numbers lies a tale of two markets: towns where thousands of buyers transact every quarter at surprisingly affordable prices, and rare enclaves where barely a dozen flats change hands — at prices that would make private condo owners do a double-take.
Kriosm tracked every resale transaction across all 26 HDB towns in Q1 2026. Here's what the data reveals.
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd have emerged as the successful bidders for a highly sought-after executive condominium (EC) site at Woodlands Drive 17, securing the land parcel with a winning tender price of $484 million.
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Singapore's Housing & Development Board (HDB) will launch approximately 19,600 Build-To-Order (BTO) flats in 2026, distributed across three sales exercises scheduled for February, June, and October.
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The Housing & Development Board has launched a new Executive Condominium (EC) site at Woodlands Drive 17 for public tender, marking another opportunity for middle-income families seeking the sweet spot between HDB resale and private property.
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