With home prices at record highs, resale condos are back in the spotlight. None more so than newly MOP-ed Executive Condominiums (ECs), which are at least halfway to full privatisation.
There are a couple of things to note, however:
An EC is regarded as a private property once it achieves its 5-year MOP, so buyers purchasing it subsequently will be based on TDSR and not MSR guidelines. (But if an EC is sold within the 5-year MOP, the potential buyer will have to achieve the same criteria of a buyer as if buying a brand new EC).
Do remember the perk of no upfront ABSD for upgraders is only applicable for those buying a new EC.
Nevertheless, here are the ECs becoming available this year in 2022:
Note: All ECs are on 99-year leases, and all the following would have been completed around 2017, as there is a five-year MOP starting from the time of key collection. ...