Demographics of Executive Condominium Buyers and Breakdown of Loan-to-Value Distribution for Past Five Years

Mr Chua Kheng Wee Louis asked the Minister for National Development for new Executive Condominium (EC) purchases in each year over the last five years (a) what is the number and percentage of buyers who are first-timer versus non-first-timer purchasers respectively; and (b) what is the number and percentage of buyers with a loan-to-value ratio (i) of 75% (ii) between 50-75% and (iii) less than 50%, respectively.

From 2021 to 2025, around four in 10 Executive Condominium (EC) purchasers were first timers.

The Housing and Development Board does not track loan-to-value ratios for EC purchases as these are financed by housing loans from financial institutions.