Article Picked from

Jee Sheong

EC resale profits hit $1M — but can today’s buyers expect the same windfall? Explore why early gains were possible, the risks behind loss-making ECs, and what modern buyers must consider before betting on million-dollar returns.

August 19, 2025

The $1,000,000 Question: Should EC Buyers Today Expect the Same Windfall Tomorrow?

With effect from the August 2023 Build-to-Order (BTO) Exercise, stricter penalties will be imposed on couples who do not select a flat when invited by the Housing and Development Board (HDB) to do so. A new priority category benefiting first-timer families applying for their first BTO flat was also introduced. In his Committee of Supply …