With home prices at record highs, resale condos are back in the spotlight. None more so than newly Minimum Occupancy Period (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 five-year MOP, so buyers purchasing it.
Despite our urban planners’ best efforts, Singapore is still a bit of a concrete jungle. It explains the sky-high prices in places like Bukit Timah, and other low-density zones. Not all of us have the budget to enjoy landed housing though; so as an alternative, how about a condo unit situated within low-density enclaves? It’s where you might get better-unblocked.