Property
7 Like-New Executive Condos That Will MOP In 2022
By Stacked Homes  •  May 1, 2022
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. ...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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