Why More Malay Families Are Choosing HDB-to-Condo Upgrades in 2026

January 13, 2026•2 min read

For years, many Malay families believed that upgrading from an HDB to a condo was only for the wealthy. But in 2026, more and more Malay households are making the move from HDB to condo (or Executive Condo)—and here’s why.

1. Executive Condos (ECs) Are Becoming More Popular

ECs remain the “sweet spot” for HDB upgraders. They start at lower prices compared to condos, yet still offer private facilities and capital appreciation. For many Malay families, ECs are the first step into private housing.

2. Resale HDB Prices Are Slowing Down

While HDB resale prices have grown over the past few years, experts predict slower growth ahead. Many Malay homeowners see this as the right time to cash out and upgrade before their flat’s value plateaus.

3. Building Long-Term Wealth

A condo or EC isn’t just about lifestyle—it’s about capital appreciation. Over 10–15 years, condos historically grow faster in value compared to HDBs, allowing Malay families to build stronger financial legacies.

4. Cultural & Family Considerations

Many Malay families want larger spaces for multi-generational living, halal-friendly kitchens, and hosting. Condos often provide amenities that are more flexible for these needs.

5. Better Loan Planning in 2026

Interest rates have stabilized compared to the spike in 2023–2024. Families now see upgrading as financially less risky than before, especially with structured repayment planning.

6. Lifestyle Aspirations

Access to facilities like pools, gyms, and secure environments appeals to younger Malay families. Beyond lifestyle, it’s also about giving children more space and opportunities.

7. Government Cooling Measures Have Shifted Mindsets

Instead of discouraging buyers, cooling measures have pushed families to be more intentional with their moves. Malay homeowners are now planning their upgrades earlier—before they miss the “window” of affordability.

💡 The HDB-to-condo upgrade isn’t just a dream for Malay families in Singapore—it’s becoming a reality in 2026. With the right planning, you can build both lifestyle and legacy for your family.