Prevo

Policy before and after · Eligibility change

Singapore cuts the EC cancellation fee to 5%, adds a resale levy for second-timers and caps MSR at 30% on EC bank loans

Announced 9 December 2013 · Effective 10 December 2013

Read the full event recordCompare with another policyCreate research briefView Mortgage Servicing Ratio policy evolutionView Executive Condominium cancellation fee policy evolution

Comparison window

Comparison anchored to effective date: 10 December 2013. Before: 10 December 2012 to 9 December 2013. After: 10 December 2013 to 9 December 2014. The same 365 days on each side; the anchor day counts as after.

Before · 10 Dec 2012 to 9 Dec 2013

28 land-sales awards

  • 82 land-sales steps in all
  • 4 other archive events
  • HDB Resale Price Index: 148.1 (Q3 2013)

The event

Announced 9 Dec 2013

Effective 10 Dec 2013

The effective date is the anchor.

After · 10 Dec 2013 to 9 Dec 2014

25 land-sales awards

  • 73 land-sales steps in all
  • All 365 days observable
  • HDB Resale Price Index: 139.1 (Q3 2014)

What this comparison can and cannot show

Generated from this window's records

Recorded

  • 2 policy parameters recorded with a before and an after value on this event.
  • 28 land-sales awards in the 365 days before the effective date, and 25 in the 365 observable days after.
  • 1 of 1 tracked series has a whole period on both sides, so a before and after figure is stated for it.

Cannot be concluded

  • That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
  • A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.
About this eventIssuing authority, category, affected market, primary source, summary
Announced
9 December 2013
Effective
10 December 2013
Issuing authority
Monetary Authority of Singapore, Ministry of National Development
Category
Eligibility change
Affected market
Executive condominium units bought directly from property developers. The MSR cap reaches housing loans from financial institutions for such units where the Option to Purchase is granted on or after 10 December 2013, in any project. The cancellation fee cut and the resale levy for second-timer applicants reach projects on EC land sales launched on or after 9 December 2013, including sales whose tenders had not closed. Resale EC purchases, HDB flats and private housing are outside it.
Primary source
Refining the Executive Condominium Housing Scheme

On 9 December 2013 MND announced three changes to the Executive Condominium Housing Scheme. From 10 December 2013, for EC purchases whose Option to Purchase is granted on or after that date, MAS capped the Mortgage Servicing Ratio for financial-institution loans on ECs bought from developers at 30% of gross monthly income. For EC land sales launched on or after 9 December 2013, the cancellation fee fell from 20% to 5% of the purchase price and second-timer applicants buying from developers must pay a resale levy, as second-timers buying BTO flats do. MND said the aim was to bring EC terms closer to public housing and support a stable and sustainable EC market. The release made no other change to the scheme.

In brief

In brief

  • EC_CANCELLATION_FEE, share of purchase price, ec land sales launched from 9 dec 2013: decreased from 20% to 5%.
  • HDB Resale Price Index was 148.1 in Q3 2013, the latest whole period before the effective date, and 139.1 in Q3 2014, the latest whole period in the 365 days after.
  • 28 GLS site awards were recorded in the before window and 25 in the after window.

What changed

Policy parameterBeforeAfter
MSR · threshold, otp granted from 10 dec 2013, ec bought from developerUnknown30%
EC_CANCELLATION_FEE · share of purchase price, ec land sales launched from 9 dec 201320%5%
Where these values come from
Source
Recorded on this event's policy matrix in Prevo's archive. The event's primary source: Refining the Executive Condominium Housing Scheme.
Primary source published
9 December 2013
Validity
In force from the event's effective date, 10 December 2013. The row records no date of its own; the date is the event's.
Basis
Archive record. The matrix row carries no source reference of its own; the event's sources are listed below.

Observed around this event

View linked outcomes

The same statistic over the 365 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.

HDB Resale Price Index

index (2009Q1=100) · Value in the latest whole quarterly period inside each 365-day window

Before

148.1

Q1 2013, Q2 2013, Q3 2013

Coverage 273/365 days

After

139.1

Q1 2014, Q2 2014, Q3 2014

Coverage 273/365 days

Difference

-9

-6.1%

Qualified: whole periods cover 273/365 days before and 273/365 days after. Days outside a whole period are not counted and are not treated as zero.

Provenance
Source
Housing & Development Board
Series kind
INDEX
Basis
Observation periods wholly inside each window, values as originally recorded.
Origin
Source fact (latest whole period)
Shown because
Mapped to this kind of event

Concurrent planning and land activity

Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.

Before the effective date

86 lines

82 land-sales steps (28 awards) · 4 archive events

From the effective date

74 lines

73 land-sales steps (25 awards) · 1 archive event

Explore concurrent events

Before (86)

  1. 10 December 2012 · Land sales

    Punggol Field Walk / Punggol East: Awarded

    Executive Condominium housing · status on 10 December 2012: Awarded · awarded to Sing Holdings Limited at S$162,100,000

  2. 11 December 2012 · Land sales

    Alexandra Road / Alexandra View: Tender closed

    Residential · status on 11 December 2012: Tender closed, award pending

  3. 13 December 2012 · Land sales

    Sembawang Crescent / Sembawang Drive: Tender closed

    Executive Condominium housing · status on 13 December 2012: Tender closed, award pending

  4. 17 December 2012 · Land sales

    Sembawang Crescent / Sembawang Drive: Awarded

    Executive Condominium housing · status on 17 December 2012: Awarded · awarded to JBE Holdings Pte Ltd at S$211,920,000

  5. 17 December 2012 · Land sales

    Alexandra Road / Alexandra View: Awarded

    Residential · status on 17 December 2012: Awarded · awarded to Singland Homes Pte. Ltd. at S$332,680,000

  6. 18 December 2012 · Land sales

    Commonwealth Avenue: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 18 December 2012: Tender open

  7. 19 December 2012 · Land sales

    Venture Avenue: Launched for tender

    Commercial (with minimum component for office use) · status on 19 December 2012: Tender open

  8. 8 January 2013 · Land sales

    Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Tender closed

    Residential · status on 8 January 2013: Tender closed, award pending

  9. 9 January 2013 · Land sales

    Ang Mo Kio Avenue 2 / Ang Mo Kio Street 13: Awarded

    Residential · status on 9 January 2013: Awarded · awarded to Pinehill Investments Pte. Ltd. at S$550,000,048

  10. 11 January 2013 · Archive event

    Singapore raises ABSD, tightens housing finance and extends cooling measures to public housing, executive condominiums and industrial property

    Announced 11 January 2013

  11. 24 January 2013 · Land sales

    Yishun Ring Road / Yishun Avenue 9: Tender closed

    Mixed commercial and residential · status on 24 January 2013: Tender closed, award pending

  12. 29 January 2013 · Land sales

    Jurong West Street 41: Tender closed

    Residential · status on 29 January 2013: Tender closed, award pending

  13. 31 January 2013 · Land sales

    Yishun Ring Road / Yishun Avenue 9: Awarded

    Mixed commercial and residential · status on 31 January 2013: Awarded · awarded to CEL Property Pte Ltd at S$212,100,000

  14. 31 January 2013 · Land sales

    Jurong West Street 41: Awarded

    Residential · status on 31 January 2013: Awarded · awarded to MCL Land (Prestige) Pte. Ltd. at S$438,888,000

  15. 31 January 2013 · Planning

    Singapore's Land Use Plan sets out up to 700,000 new homes and 76,600 hectares of land by 2030

    Announced 31 January 2013

  16. 5 February 2013 · Land sales

    Commonwealth Avenue: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 5 February 2013: Tender closed, award pending

  17. 7 February 2013 · Land sales

    Commonwealth Avenue: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 7 February 2013: Awarded · awarded to Intrepid Investments Pte Ltd, Verwood Holdings Pte. Ltd. and Hong Realty (Private) Limited at S$562,818,171

  18. 26 February 2013 · Land sales

    Punggol Point: Tender closed

    Food & Beverage with or without retail use · status on 26 February 2013: Tender closed, award pending

  19. 28 February 2013 · Land sales

    Sengkang West Way: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 28 February 2013: Tender open

  20. 28 February 2013 · Land sales

    Kim Tian Road: Launched for tender

    Residential · status on 28 February 2013: Tender open

  21. 7 March 2013 · Land sales

    Punggol Point: Awarded

    Food & Beverage with or without retail use · status on 7 March 2013: Awarded · awarded to Fragrance Group Limited at S$11,368,800

  22. 12 March 2013 · Land sales

    Venture Avenue: Tender closed

    Commercial (with minimum component for office use) · status on 12 March 2013: Tender closed, award pending

  23. 13 March 2013 · Land sales

    Venture Avenue: Awarded

    Commercial (with minimum component for office use) · status on 13 March 2013: Awarded · awarded to Sim Lian JV (Vision) Pte Ltd at S$701,078,147

  24. 28 March 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Launched for tender

    Executive Condominium housing · status on 28 March 2013: Tender open

  25. 11 April 2013 · Land sales

    Sengkang West Way: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 11 April 2013: Tender closed, award pending

  26. 12 April 2013 · Land sales

    Sengkang West Way: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 12 April 2013: Awarded · awarded to Secure Development Pte. Ltd. at S$262,100,000

  27. 15 April 2013 · Land sales

    Anchorvale Crescent: Launched for tender

    Executive Condominium housing · status on 15 April 2013: Tender open

  28. 15 April 2013 · Land sales

    Fernvale Close: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 15 April 2013: Tender open

  29. 15 April 2013 · Land sales

    Faber Walk: Launched for tender

    Residential · status on 15 April 2013: Tender open

  30. 18 April 2013 · Land sales

    Kim Tian Road: Tender closed

    Residential · status on 18 April 2013: Tender closed, award pending

  31. 23 April 2013 · Land sales

    Kim Tian Road: Awarded

    Residential · status on 23 April 2013: Awarded · awarded to Harvestland Development Pte Ltd at S$550,280,000

  32. 29 April 2013 · Land sales

    Punggol Central / Edgedale Plains: Launched for tender

    Executive Condominium housing · status on 29 April 2013: Tender open

  33. 9 May 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Tender closed

    Executive Condominium housing · status on 9 May 2013: Tender closed, award pending

  34. 13 May 2013 · Land sales

    Woodlands Avenue 5 / Woodlands Avenue 6: Awarded

    Executive Condominium housing · status on 13 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd. at S$216,000,000

  35. 15 May 2013 · Land sales

    Tampines Avenue 10: Launched for tender

    Residential · status on 15 May 2013: Tender open

  36. 28 May 2013 · Land sales

    Woodlands Industrial Park E9: Launched for tender

    Business 2 with an integrated Heavy Vehicle Park · status on 28 May 2013: Tender open

  37. 30 May 2013 · Land sales

    Anchorvale Crescent: Tender closed

    Executive Condominium housing · status on 30 May 2013: Tender closed, award pending

  38. 31 May 2013 · Land sales

    Anchorvale Crescent: Awarded

    Executive Condominium housing · status on 31 May 2013: Awarded · awarded to Qingjian Realty (South Pacific) Group Pte Ltd at S$245,577,000

  39. 13 June 2013 · Land sales

    Fernvale Close: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 13 June 2013: Tender closed, award pending

  40. 14 June 2013 · Land sales

    Fernvale Close: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 14 June 2013: Awarded · awarded to FCL Topaz Pte. Ltd., Far East Orchard Limited and Sekisui House, Ltd. at S$256,980,000

  41. 17 June 2013 · Land sales

    Yuan Ching Road / Tao Ching Road: Launched for tender

    Executive Condominium housing · status on 17 June 2013: Tender open

  42. 17 June 2013 · Land sales

    Punggol Drive / Edgedale Plains: Launched for tender

    Executive Condominium housing · status on 17 June 2013: Tender open

  43. 18 June 2013 · Land sales

    Cecil Street / Telok Ayer Street: Launched for tender

    Commercial and open space (residential use will not be allowed) · status on 18 June 2013: Tender open

  44. 18 June 2013 · Land sales

    Faber Walk: Tender closed

    Residential · status on 18 June 2013: Tender closed, award pending

  45. 20 June 2013 · Land sales

    Faber Walk: Awarded

    Residential · status on 20 June 2013: Awarded · awarded to World Class Land Pte Ltd at S$156,688,000

  46. 28 June 2013 · Land sales

    Yishun Avenue 2 / Yishun Central 1: Launched for tender

    Mixed commercial and residential · status on 28 June 2013: Tender open

  47. 28 June 2013 · Land sales

    Mount Sophia: Launched for tender

    Residential · status on 28 June 2013: Tender open

  48. 28 June 2013 · Archive event

    MAS introduces Total Debt Servicing Ratio framework for property loans

    Announced 28 June 2013

  49. 16 July 2013 · Land sales

    Tampines Avenue 10: Tender closed

    Residential · status on 16 July 2013: Tender closed, award pending

  50. 19 July 2013 · Land sales

    Tampines Avenue 10: Awarded

    Residential · status on 19 July 2013: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$289,700,000

  51. 23 July 2013 · Land sales

    Woodlands Industrial Park E9: Tender closed

    Business 2 with an integrated Heavy Vehicle Park · status on 23 July 2013: Tender closed, award pending

  52. 29 July 2013 · Land sales

    Woodlands Industrial Park E9: Awarded

    Business 2 with an integrated Heavy Vehicle Park · status on 29 July 2013: Awarded · awarded to Incorporated Woodlands Pte Ltd at S$72,690,000

  53. 30 July 2013 · Land sales

    Yuan Ching Road / Tao Ching Road: Tender closed

    Executive Condominium housing · status on 30 July 2013: Tender closed, award pending

  54. 30 July 2013 · Land sales

    Punggol Drive / Edgedale Plains: Tender closed

    Executive Condominium housing · status on 30 July 2013: Tender closed, award pending

  55. 30 July 2013 · Land sales

    Punggol Central / Edgedale Plains: Tender closed

    Executive Condominium housing · status on 30 July 2013: Tender closed, award pending

  56. 2 August 2013 · Land sales

    Yuan Ching Road / Tao Ching Road: Awarded

    Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Evia Real Estate (5) Pte Ltd, BBR Development Pte Ltd, CNH Investment Pte Ltd and OKP Land Pte Ltd at S$272,838,888

  57. 2 August 2013 · Land sales

    Punggol Drive / Edgedale Plains: Awarded

    Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Peak Square Pte. Ltd. at S$312,800,000

  58. 2 August 2013 · Land sales

    Punggol Central / Edgedale Plains: Awarded

    Executive Condominium housing · status on 2 August 2013: Awarded · awarded to Master Contract Services Pte Ltd / Keong Hong Construction Pte Ltd at S$156,000,000

  59. 15 August 2013 · Land sales

    Cecil Street / Telok Ayer Street: Tender closed

    Commercial and open space (residential use will not be allowed) · status on 15 August 2013: Tender closed, award pending

  60. 19 August 2013 · Land sales

    Cecil Street / Telok Ayer Street: Awarded

    Commercial and open space (residential use will not be allowed) · status on 19 August 2013: Awarded · awarded to FC Commercial Trustee Pte. Ltd. (as Trustee-Manager of Aquamarine Star Trust) at S$923,952,040

  61. 27 August 2013 · Archive event

    Singapore tightens HDB loan rules and introduces a three-year PR wait-out period

    Announced 27 August 2013

  62. 29 August 2013 · Land sales

    Gambas Crescent: Launched for tender

    Business 1 · status on 29 August 2013: Tender open

  63. 29 August 2013 · Land sales

    Gambas Crescent: Launched for tender

    Business 1 · status on 29 August 2013: Tender open

  64. 5 September 2013 · Land sales

    Yishun Avenue 2 / Yishun Central 1: Tender closed

    Mixed commercial and residential · status on 5 September 2013: Tender closed, award pending

  65. 9 September 2013 · Land sales

    Yishun Avenue 2 / Yishun Central 1: Awarded

    Mixed commercial and residential · status on 9 September 2013: Awarded · awarded to North Gem Development Pte. Ltd. & FC North Gem Trustee Pte. Ltd. (as Trustee-Manager of North Gem Trust) at S$1,428,880,000

  66. 10 September 2013 · Land sales

    Mount Sophia: Tender closed

    Residential · status on 10 September 2013: Tender closed, award pending

  67. 12 September 2013 · Land sales

    Mount Sophia: Awarded

    Residential · status on 12 September 2013: Awarded · awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and S C Wong Holdings Pte Ltd at S$442,280,000

  68. 18 September 2013 · Land sales

    Havelock Road: Launched for tender

    Hotel · status on 18 September 2013: Tender open

  69. 30 September 2013 · Land sales

    Upper Serangoon View: Launched for tender

    Residential · status on 30 September 2013: Tender open

  70. 30 September 2013 · Land sales

    Upper Serangoon View: Launched for tender

    Residential · status on 30 September 2013: Tender open

  71. 17 October 2013 · Land sales

    Gambas Crescent: Tender closed

    Business 1 · status on 17 October 2013: Tender closed, award pending

  72. 17 October 2013 · Land sales

    Gambas Crescent: Tender closed

    Business 1 · status on 17 October 2013: Tender closed, award pending

  73. 23 October 2013 · Land sales

    Gambas Crescent: Awarded

    Business 1 · status on 23 October 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$44,777,000

  74. 23 October 2013 · Land sales

    Gambas Crescent: Awarded

    Business 1 · status on 23 October 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$46,333,000

  75. 31 October 2013 · Land sales

    Westwood Avenue: Launched for tender

    Executive Condominium housing · status on 31 October 2013: Tender open

  76. 31 October 2013 · Land sales

    Gambas Crescent: Launched for tender

    Business 1 · status on 31 October 2013: Tender open

  77. 12 November 2013 · Land sales

    Havelock Road: Tender closed

    Hotel · status on 12 November 2013: Tender closed, award pending

  78. 18 November 2013 · Land sales

    Anchorvale Crescent: Launched for tender

    Executive Condominium housing · status on 18 November 2013: Tender open

  79. 18 November 2013 · Land sales

    Canberra Drive: Launched for tender

    Executive Condominium housing · status on 18 November 2013: Tender open

  80. 18 November 2013 · Land sales

    Upper Paya Lebar Road: Launched for tender

    Residential · status on 18 November 2013: Tender open

  81. 18 November 2013 · Land sales

    Havelock Road: Awarded

    Hotel · status on 18 November 2013: Awarded · awarded to I Hotel Pte. Ltd. at S$30,090,000

  82. 22 November 2013 · Land sales

    East Coast Road: Launched for tender

    Hotel · status on 22 November 2013: Tender open

  83. 28 November 2013 · Land sales

    Upper Serangoon View: Tender closed

    Residential · status on 28 November 2013: Tender closed, award pending

  84. 28 November 2013 · Land sales

    Upper Serangoon View: Tender closed

    Residential · status on 28 November 2013: Tender closed, award pending

  85. 2 December 2013 · Land sales

    Upper Serangoon View: Awarded

    Residential · status on 2 December 2013: Awarded · awarded to Kingsford Development Pte Ltd at S$258,800,000

  86. 2 December 2013 · Land sales

    Upper Serangoon View: Awarded

    Residential · status on 2 December 2013: Awarded · awarded to Kingsford Development Pte Ltd at S$201,630,000

After (74)

  1. 10 December 2013 · Land sales

    Gambas Crescent: Tender closed

    Business 1 · status on 10 December 2013: Tender closed, award pending

  2. 13 December 2013 · Land sales

    Gambas Crescent: Awarded

    Business 1 · status on 13 December 2013: Awarded · awarded to Grow-Tech Properties Pte Ltd at S$39,333,000

  3. 16 December 2013 · Land sales

    Choa Chu Kang Grove (Parcel A): Launched for tender

    Executive Condominium housing · status on 16 December 2013: Tender open

  4. 16 December 2013 · Land sales

    Choa Chu Kang Grove (Parcel B): Launched for tender

    Executive Condominium housing · status on 16 December 2013: Tender open

  5. 16 December 2013 · Land sales

    Yishun Avenue 9 / Yishun Avenue 6: Launched for tender

    Residential · status on 16 December 2013: Tender open

  6. 16 December 2013 · Land sales

    Geylang East Avenue 1: Launched for tender

    Residential · status on 16 December 2013: Tender open

  7. 17 December 2013 · Land sales

    Woodlands Square: Launched for tender

    Commercial · status on 17 December 2013: Tender open

  8. 30 December 2013 · Land sales

    Sims Drive: Launched for tender

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 30 December 2013: Tender open

  9. 7 January 2014 · Land sales

    Westwood Avenue: Tender closed

    Executive Condominium housing · status on 7 January 2014: Tender closed, award pending

  10. 14 January 2014 · Land sales

    Westwood Avenue: Awarded

    Executive Condominium housing · status on 14 January 2014: Awarded · awarded to Changi Properties Pte. Ltd. & Heeton Homes Pte. Ltd. at S$198,900,000

  11. 14 January 2014 · Land sales

    Upper Paya Lebar Road: Tender closed

    Residential · status on 14 January 2014: Tender closed, award pending

  12. 15 January 2014 · Land sales

    Upper Paya Lebar Road: Awarded

    Residential · status on 15 January 2014: Awarded · awarded to UOL Overseas Investments Pte Ltd at S$392,300,000

  13. 21 January 2014 · Land sales

    East Coast Road: Tender closed

    Hotel · status on 21 January 2014: Tender closed, award pending

  14. 23 January 2014 · Land sales

    Geylang East Avenue 1: Tender closed

    Residential · status on 23 January 2014: Tender closed, award pending

  15. 24 January 2014 · Land sales

    East Coast Road: Awarded

    Hotel · status on 24 January 2014: Awarded · awarded to Master Contract Services Pte Ltd and Keong Hong Construction Pte Ltd at S$352,800,000

  16. 24 January 2014 · Land sales

    Geylang East Avenue 1: Awarded

    Residential · status on 24 January 2014: Awarded · awarded to S L (Serangoon) Pte Ltd at S$145,890,000

  17. 28 January 2014 · Land sales

    Canberra Drive: Tender closed

    Executive Condominium housing · status on 28 January 2014: Tender closed, award pending

  18. 29 January 2014 · Land sales

    Canberra Drive: Awarded

    Executive Condominium housing · status on 29 January 2014: Awarded · awarded to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. at S$226,000,000

  19. 13 February 2014 · Land sales

    Anchorvale Crescent: Tender closed

    Executive Condominium housing · status on 13 February 2014: Tender closed, award pending

  20. 19 February 2014 · Land sales

    Anchorvale Crescent: Awarded

    Executive Condominium housing · status on 19 February 2014: Awarded · awarded to Phoenix Real Estate Pte Ltd at S$192,888,888

  21. 25 February 2014 · Land sales

    Choa Chu Kang Grove (Parcel A): Tender closed

    Executive Condominium housing · status on 25 February 2014: Tender closed, award pending

  22. 25 February 2014 · Land sales

    Choa Chu Kang Grove (Parcel B): Tender closed

    Executive Condominium housing · status on 25 February 2014: Tender closed, award pending

  23. 28 February 2014 · Land sales

    Prince Charles Crescent: Launched for tender

    Residential · status on 28 February 2014: Tender open

  24. 3 March 2014 · Land sales

    Choa Chu Kang Grove (Parcel A): Awarded

    Executive Condominium housing · status on 3 March 2014: Awarded · awarded to MCL Land (Brighton) Pte. Ltd. at S$232,500,000

  25. 3 March 2014 · Land sales

    Choa Chu Kang Grove (Parcel B): Awarded

    Executive Condominium housing · status on 3 March 2014: Awarded · awarded to MCL Land (Brighton) Pte. Ltd. at S$210,100,000

  26. 11 March 2014 · Land sales

    Yishun Avenue 9 / Yishun Avenue 6: Tender closed

    Residential · status on 11 March 2014: Tender closed, award pending

  27. 13 March 2014 · Land sales

    Yishun Avenue 9 / Yishun Avenue 6: Awarded

    Residential · status on 13 March 2014: Awarded · awarded to EL Development Pte Ltd at S$278,800,000

  28. 27 March 2014 · Land sales

    Yishun Street 51 (Parcel A): Launched for tender

    Executive Condominium housing · status on 27 March 2014: Tender open

  29. 27 March 2014 · Land sales

    Yishun Street 51 (Parcel B): Launched for tender

    Executive Condominium housing · status on 27 March 2014: Tender open

  30. 8 April 2014 · Land sales

    Woodlands Square: Tender closed

    Commercial · status on 8 April 2014: Tender closed, award pending

  31. 16 April 2014 · Land sales

    Prince Charles Crescent: Tender closed

    Residential · status on 16 April 2014: Tender closed, award pending

  32. 17 April 2014 · Land sales

    Woodlands Square: Awarded

    Commercial · status on 17 April 2014: Awarded · awarded to Far East Civil Engineering (Pte.) Limited, Tannery Holdings Pte Ltd and Sekisui House, Ltd. at S$633,999,000

  33. 21 April 2014 · Land sales

    Prince Charles Crescent: Awarded

    Residential · status on 21 April 2014: Awarded · awarded to UOL Venture Investments Pte. Ltd. and Kheng Leong Company (Private) Limited at S$463,100,000

  34. 29 April 2014 · Land sales

    Sims Drive: Tender closed

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 29 April 2014: Tender closed, award pending

  35. 29 April 2014 · Land sales

    Woodlands Avenue 12: Launched for tender

    Business 1 with an integrated Heavy Vehicle Park · status on 29 April 2014: Tender open

  36. 30 April 2014 · Land sales

    Sims Drive: Awarded

    Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed) · status on 30 April 2014: Awarded · awarded to First Changi Development Pte Ltd at S$530,891,000

  37. 30 April 2014 · Land sales

    Meyappa Chettiar Road: Launched for tender

    Commercial and Residential · status on 30 April 2014: Tender open

  38. 22 May 2014 · Land sales

    Yishun Street 51 (Parcel A): Tender closed

    Executive Condominium housing · status on 22 May 2014: Tender closed, award pending

  39. 22 May 2014 · Land sales

    Yishun Street 51 (Parcel B): Tender closed

    Executive Condominium housing · status on 22 May 2014: Tender closed, award pending

  40. 26 May 2014 · Land sales

    Yishun Street 51 (Parcel A): Awarded

    Executive Condominium housing · status on 26 May 2014: Awarded · awarded to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd. at S$178,500,000

  41. 26 May 2014 · Land sales

    Yishun Street 51 (Parcel B): Awarded

    Executive Condominium housing · status on 26 May 2014: Awarded · awarded to JBE Holdings Pte Ltd at S$184,130,000

  42. 29 May 2014 · Land sales

    Sembawang Avenue: Launched for tender

    Executive Condominium housing · status on 29 May 2014: Tender open

  43. 6 June 2014 · Planning

    Singapore gazettes Master Plan 2014 as its statutory land use plan, concluding the review of the Draft Master Plan 2013

    Announced 6 June 2014

  44. 24 June 2014 · Land sales

    Gambas Crescent / Sembawang Avenue: Launched for tender

    Business 1 · status on 24 June 2014: Tender open

  45. 26 June 2014 · Land sales

    Choa Chu Kang Drive: Launched for tender

    Executive Condominium housing · status on 26 June 2014: Tender open

  46. 26 June 2014 · Land sales

    Fernvale Road: Launched for tender

    Residential · status on 26 June 2014: Tender open

  47. 26 June 2014 · Land sales

    Fernvale Road: Launched for tender

    Residential · status on 26 June 2014: Tender open

  48. 1 July 2014 · Land sales

    Woodlands Avenue 12: Tender closed

    Business 1 with an integrated Heavy Vehicle Park · status on 1 July 2014: Tender closed, award pending

  49. 4 July 2014 · Land sales

    Woodlands Avenue 12: Awarded

    Business 1 with an integrated Heavy Vehicle Park · status on 4 July 2014: Awarded · awarded to Wee Hur Development Pte Ltd at S$76,900,000

  50. 10 July 2014 · Land sales

    Sembawang Avenue: Tender closed

    Executive Condominium housing · status on 10 July 2014: Tender closed, award pending

  51. 14 July 2014 · Land sales

    Sembawang Avenue: Awarded

    Executive Condominium housing · status on 14 July 2014: Awarded · awarded to FCL Tampines Court Pte. Ltd. and KH Capital Pte. Ltd. at S$214,080,000

  52. 7 August 2014 · Land sales

    Fernvale Road: Tender closed

    Residential · status on 7 August 2014: Tender closed, award pending

  53. 7 August 2014 · Land sales

    Fernvale Road: Tender closed

    Residential · status on 7 August 2014: Tender closed, award pending

  54. 8 August 2014 · Land sales

    Fernvale Road: Awarded

    Residential · status on 8 August 2014: Awarded · awarded to CEL Development Pte. Ltd. and Unique Residence Pte. Ltd. at S$234,933,000

  55. 8 August 2014 · Land sales

    Fernvale Road: Awarded

    Residential · status on 8 August 2014: Awarded · awarded to CEL Development Pte. Ltd. and Unique Residence Pte. Ltd. at S$252,122,000

  56. 18 August 2014 · Land sales

    Sembawang Road / Canberra Link: Launched for tender

    Executive Condominium housing · status on 18 August 2014: Tender open

  57. 18 August 2014 · Land sales

    Lorong Puntong: Launched for tender

    Residential · status on 18 August 2014: Tender open

  58. 19 August 2014 · Land sales

    Meyappa Chettiar Road: Tender closed

    Commercial and Residential · status on 19 August 2014: Tender closed, award pending

  59. 20 August 2014 · Land sales

    Meyappa Chettiar Road: Awarded

    Commercial and Residential · status on 20 August 2014: Awarded · awarded to MCC Land (Singapore) Pte Ltd at S$471,618,000

  60. 26 August 2014 · Land sales

    Gambas Crescent / Sembawang Avenue: Tender closed

    Business 1 · status on 26 August 2014: Tender closed, award pending

  61. 28 August 2014 · Land sales

    Gambas Crescent / Sembawang Avenue: Awarded

    Business 1 · status on 28 August 2014: Awarded · awarded to NSS Realty Pte. Ltd. at S$35,000,000

  62. 4 September 2014 · Land sales

    Choa Chu Kang Drive: Tender closed

    Executive Condominium housing · status on 4 September 2014: Tender closed, award pending

  63. 9 September 2014 · Land sales

    Choa Chu Kang Drive: Awarded

    Executive Condominium housing · status on 9 September 2014: Awarded · awarded to Sim Lian Land Pte Ltd at S$207,400,000

  64. 25 September 2014 · Land sales

    Upper Serangoon Road: Launched for tender

    Residential with Commercial at 1st Storey · status on 25 September 2014: Tender open

  65. 30 September 2014 · Land sales

    Sembawang Road / Canberra Link: Tender closed

    Executive Condominium housing · status on 30 September 2014: Tender closed, award pending

  66. 2 October 2014 · Land sales

    Sembawang Road / Canberra Link: Awarded

    Executive Condominium housing · status on 2 October 2014: Awarded · awarded to Qingjian Realty (Residential) Pte Ltd. at S$229,377,000

  67. 8 October 2014 · Land sales

    Lorong Puntong: Tender closed

    Residential · status on 8 October 2014: Tender closed, award pending

  68. 13 October 2014 · Land sales

    Lorong Puntong: Awarded

    Residential · status on 13 October 2014: Awarded · awarded to Nanshan Group Singapore Co. Pte Ltd at S$173,570,000

  69. 28 October 2014 · Land sales

    Paya Lebar Road / Sims Avenue: Launched for tender

    Commercial · status on 28 October 2014: Tender open

  70. 18 November 2014 · Land sales

    Anchorvale Crescent: Launched for tender

    Executive Condominium housing · status on 18 November 2014: Tender open

  71. 18 November 2014 · Land sales

    Yishun Avenue 4: Launched for tender

    Mixed commercial and residential · status on 18 November 2014: Tender open

  72. 27 November 2014 · Land sales

    Upper Serangoon Road: Tender closed

    Residential with Commercial at 1st Storey · status on 27 November 2014: Tender closed, award pending

  73. 28 November 2014 · Land sales

    Upper Serangoon Road: Awarded

    Residential with Commercial at 1st Storey · status on 28 November 2014: Awarded · awarded to Asset Legend Limited at S$276,774,000

  74. 5 December 2014 · Land sales

    Jurong West Street 41: Launched for tender

    Residential · status on 5 December 2014: Tender open

Recorded relationships

Methodology5 rules
  • Comparison anchored to effective date: 10 December 2013. The anchor is the effective date where one is recorded, otherwise the announcement date.
  • The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
  • A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
  • Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
  • Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.

Sources

The event's sources (4)

Primary sources4

  • Refining the Executive Condominium Housing Scheme

    Ministry of National Development · Primary source · Published 9 December 2013

    Open original source

  • Refining the Executive Condominium (EC) Housing Scheme

    Council for Estate Agencies · Primary source · Published 11 December 2013

    Open original source

  • MAS Notice 645, Computation of Total Debt Servicing Ratio for Property Loans (last revised 10 February 2014)

    Monetary Authority of Singapore · Primary source · Published 10 February 2014

    Open original source

  • Macroprudential Policies in Singapore

    Monetary Authority of Singapore · Primary source · Publication date not recorded

    Open original source

Event checked against its primary sources on 27 September 2026. Each claim keeps its own verification status.

Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.