Do You Know?
Nearly 99% of First-Time Resale EC Make a Gross Profit of $300,000
Why Executive Condominiums (EC) Remains A Popular Home Choice?
EC appeals to many because it allows you to enjoy a condominium lifestyle yet its much affordable compared to other private property types!
We Brings You The Best Deals of Executive Condominiums For Sale in Singapore!
An Executive Condominium or EC is a public-private hybrid between HDB flats and private condos.
Executive condos remains the high in demand as it provides an affordable middle-ground between public housing and private condos and are often the go-to choice for HDB upgraders or first home buyers!
Executive Condominiums for Sale
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IS BUYING AN EC A GOOD INVESTMENT?
When choosing between BTOs, resale flats and ECs, each housing type has its own benefits and drawbacks. It actually depends on your financial goals and your intention of investing in the property market.
According to HDB’s Minimum Occupation Period (MOP) rule, you have to wait 5 years before selling and/or renting out your apartment. Once the property hits the MOP, you can expect to earn a healthy profit. You can sell or rent your EC to Singapore Citizens (SCs) or PRs.
The price or total value of an EC generally appreciates over the years. When an EC gets fully privatised after 10 years, you can sell to anyone, including foreigners. Foreigners are allowed to buy executive condos in Singapore.
An EC that is generally bought at a subsidised price from HDB offers high appreciation potential once it converts into a private condominium.
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