The removal of the Deferred Payment Scheme (DPS) for Executive Condominiums requires buyers to pay the full balance upfront, creating significant cash flow challenges particularly for second-time upgraders who must manage multiple loans simultaneously, while first-time buyers with fewer existing obligations are less affected.
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⚠️ NO MORE Deferred Payment Scheme for EC?!追加:
The payment plan you know last time you know you know you can pay the booking fee up front and defer the balance payment and you TOP and this was so much popular because if I'm not wrong most of the EC buyers are more than half of them are will opt for DPS deferred payment scheme and a lot of critical for the cash flow that means now basically you have to under this remove you have to so this two loan or housing loan or AC or B you have to pay this to Malaysia so I think this one second time upgraders should be the most affected one should be yeah then first time buyers are who do existing loan obligations are relatively they will be less impacted but overall I think this is the this is the killer yeah I think this is the killer but other things never change income ceiling 16k still remain all must be SC or SC plus PR couple all this all still the same cannot own private property in the last 30 months must sell HDB within 6 months of key collection all this still remain but I think this will cause some rocky tensions in the EC or I think now now a lot of EC buyers they will be calling their realtor asking how how it happen now it happen now it happen now but you know as we all putting measures after some time we just learn to accept it and move on and the market [music] will still continue if you are thinking of buying or selling or just need a chat to clear some doubts you have in your mind yeah please feel free to call us my name is Alvin we are from lender broker feel
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