- The Rivervale: a resale 1,303 sq ft three-bedroom unit purchased for $1.18 million in 2023
- Waterbay: a 1,093 sq ft three-bedroom unit purchased from the developer for $835,000
- The Waterbay unit is rented for $4,300 per month,
Hi Stacked,
My wife and I each own a unit in a privatised executive condominium (EC). We live at The Rivervale, while our former home at Waterbay is rented. We’re a family of five with two young children and a domestic helper, and we don’t plan on selling the unit at The Rivervale.
We balloted for the unit at Waterbay when the project launched, and stayed there for a few years after it was completed. As our family grew, we needed more space. So, we decoupled the property and I purchased the unit at The Rivervale under my own name, while my wife owns the unit at Waterbay. We kept that unit because I felt the area still had good potential for future price growth.
