When it comes to property investment and asset progression, most of the time, people would think of condos. Less talked about are executive condominiums, which are becoming more popular these days due to the lower quantum (especially new launch ECs) relative to condos. But ECs shouldn't be overlooked since they have a high potential for capital gains. A report by.
Buying a resale executive condo (EC) comes with its own perks. Resale executive condo prices are usually more affordable than new launches, so it's suitable for those who want a home with condo facilities but are on a tighter budget. As a public-private hybrid housing, a resale EC is also closer to full privatisation than a new launch EC and.
When it comes to Executive Condominiums (ECs), the dream is to buy and sell at a tidy profit right after the five-year Minimum Occupancy Period (MOP). While this is a common practice, the results differ significantly between projects. The most famous example so far? A stunning gross profit of $1.38 million for a unit at CityLife@Tampines. In this article, we.
Situated in the northern region of Singapore, Skypark Residences takes pride in its approximately 1,250 square metres rooftop park – where this Executive Condominium actually got its name. Having TOP-ed in 2016, this EC has a total of 506 units, a mix of 3-bedders to the more unique 5-bedroom maisonettes. The iconic SkyPark is located at the top of the.