90% of new EC units to be reserved for first-timers, MOP to be raised to 10 years

First-time home buyers applying for an executive condominium (EC) may stand a higher chance of securing their dream home as 90 per cent of new EC units will be reserved for them, up from the current 70 per cent.The priority period — the time developers must reserve EC units for such buyers before they can sell to all eligible buyers...