Executive Condominiums (ECs) are more in demand than ever, given peak home prices in 2022. We’re expecting at least four EC launches before the year is out, and a big question now is how they’re impacted by new cooling measures. Are they in fact a better choice for asset progression, or should you still stick to fully private condos? Here’s a quick re-take on an old consideration, with 2022 changes in mind:
The case for ECs in 2022
With regard to overall investment potential, we have an earlier article detailing the performance of 53 ECs. That’s still relevant as it was only a year ago. However, the key difference today comes from the December 2021 cooling measures, which we cover in detail here.
In addition, there have been some wider changes to the property market in general. Some considerations in buying an EC now are:...