08/05/2026
If you were planning to upgrade using the Deferred Payment Scheme (DPS), the MND’s May 8 announcement changes everything. With DPS gone and the MOP extended to 10 years, the "wait and see" strategy is officially dead.
For many HDB upgraders, buying a new EC now means:
✅ Servicing two mortgages at once.
✅ A decade-long commitment before you can sell.
Don’t walk into a showflat without a bulletproof cash flow plan. Check out everything you need to know in the article.
New EC rules effective May 8, 2026: 10-year MOP, 15-year privatization, and the end of the Deferred Payment Scheme (DPS). Learn how these changes impact HDB upgraders.