Whilst private home prices seem to be stabilising a bit, we’re still coming off a high point in property prices – and with new launch and resale condo prices both at a high quantum, many homebuyers may still be considering an Executive Condo instead. These condos are still cheaper than their private counterparts; and the later you buy, the closer they are to full privatisation (if they’re not fully privatised already).
Cheapest to priciest ECs in 2024
Note that ECs come with a five-year Minimum Occupancy Period (MOP) for the first batch of buyers only. If you see transaction records for an EC sold within its MOP, it is due to the sellers being given special permission to sell early (e.g., in cases such as divorce). These early transactions may not be an accurate representation of actual prices later....