Published on 25 Jan 2017 | Updated on 17 Feb 2018


  • Rivercove Residences will be launched in March 2018!
  • Parc Life actual units’ showroom closed from 5 Feb for TOP inspection until further notice.
  • InZ Residence 100% sold.
New EC Launch

Last year we have witnessed Hundred Palms Residences sets the 100% sold-out record in one day. This denotes that the property market is bottoming out due to the high demand but low supply.  Only two EC projects launched in 2017, iNz Residence is the another new EC to hit with very limited units remaining 4 units unsold 100% fully sold in February 2018.

In this coming March 2018, it is the high possibility that the 100% sold-out record in one-day history will be repeating for Rivercove Residences.

RIVERCOVE Residences EC: Hoi Hup sets to launch in March 2018 (Must See!)

Rivercove Residences is the ONLY ONE EC to launch in 2018! Rivercove EC will yield 628 units, ranging from 3 to 5 bedroom type. From the smallest 3BR 904sqft all the way to 5BR 1485sqft and 4 units per floor. Click for details.

Updated on 4 Feb 2018
Project Name Location Est. TOP Total Units Unsold Units
> Rivercove Residences Anchorvale Lane 2021 628 628
> Parc Life Sembawang Avenue Q2 2018 628 72
Signature at Yishun Yishun Street 51 Q4 2017 525 84
Northwave Woodlands Ave 12 Q1 2019 358 69
> The Criterion Yishun Street 51 Q2 2018 505 16
> iNz Residences Choa Chu Kang Ave 5 Q1 2020 497 0
The Brownstone Canberra Drive Ready 638 1

The Most anticipating New EC Launch In 2017

New EC Launch Inz Residence

Stepping into 2017, there would be a scarcity in new EC launch pipeline, due to the tapering of the Government Land Sale (GLS) Programme in the past 2 years.

The impact of short supply in new EC will be apparent in this year 2017, only 2 new EC launch in 2017, which includes iNz Residence at Choa Chu Kang Avenue 5 and upcoming EC at Yio Chu Kang Road.  There is another upcoming EC at Anchorvale Lane but likely to be launched in first half of 2018.

Choa Chu Kang EC location

iNz Residences – located next to Tengah New Town. 


Upcoming EC along Yio Chu Kang Road developed by Hoi Hup Realty – near to Rosyth School.  


Upcoming EC in Anchorvale Lane, also by Hoi Hup Realty – likely to be launched in 1st half of 2018. 

Light at the End of the Tunnel Since 2016

New EC Launch Parc Life

EC market got off to a good start in 2016 with Wandervale EC with more than 50% take-up rate on the first day of launch.

Followed by Visionaire and Parc Life in the second quarter of 2016.

Despite Frasers Centrepoint’s great proven track record, they didn’t show any slight edge over competing projects in Sembawang. Qingjian’s Visionaire shows higher take-up rate than Parc Life according to caveat lodged as on 1 Feb 2017. The key reason is the shorter distance to the MRT station.

Both Northwave and Treasure Crest were launched in third quarter of 2016.  Being one of the most affordable EC in Singapore, Northwave is located

Treasure Crest is the star performer of New EC launch in 2016. They are the last EC to launch but the first being 100% sold out. That was considered as a tremendous achievement by Sim Lian Group.

Visionaire EC

The new EC launch market has cooled down after a series of cooling measures were implemented in 2013.  These include 30% Mortgage Service Ratio (MSR) and a resale levy for 2nd time buyers. Hence some potential buyers couldn’t get sufficient loan amount and/or couldn’t afford the amount of cash required to book an EC.  As a result, the demand in EC has dampened.

new ec launch signature-at-yishun

Fortunately, there was a lifeline happen in August 2015 when PM Lee announced to increase the income ceiling for EC buyers.  However, the new EC launch market still not improves significantly since then.

The key reason is most buyers are very price and product sensitive, with demand skewed towards selected projects.

Hence there are still available units for sale for new EC launch before 2016. These include Westwood Residences, Brownstone, Sol Acres, Signature @ Yishun, The Criterion, The Vales, The Terrace and Bellewoods.

Among these ECs, no resale levy payable for The Terrace and Bellewoods.

new ec launch brownstone
new ec launch westwood-residences
new ec launch the-terrace
new ec launch bellewoods


Top Date: The expected TOP date is based on the information on paper given by the developer.  The actual TOP date could be earlier than the TOP date stated on paper.

Which new EC launch are you looking forward to the most in 2017? Let’s discuss in the comments!

Last 5 New EC Launch Overall rating: ★★★★★ 4.7 based on 4 reviews
5 1

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