The fundamentals that affect your property price – such as location, lease decay, state of maintenance, etc. – are relatively easy to spot. Most realtors and valuation companies have broadly similar checklists. However, we often get questions on why, even if a property checks all the right boxes, it can sometimes fetch lower offers. This is where the puzzling part.
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.
With private home and resale flat prices rising across the board, is a cheap home even possible in 2022? It’s a tough year for first-time home buyers, and even HDB upgraders have been slowly starting to be priced out. Here’s a look at how much some of the cheapest properties in Singapore have increased in prices in the past two.
Our verdict
81 per cent
Overall rating Built in mind for modern living for young families, Tenet is a good-sized new launch Executive Condominium located in a mature estate along Tampines North. It offers a great entry point for families inching into the private property market, complemented by a wide variety of facilities and lifestyle amenities within the estate. However, it does.
Executive Condominiums (EC) are a very popular choice in Singapore, and for good reason. It comes with all the facilities that a condo would have, just at a more affordable price, and restrictions such as a 5-year MOP. For T and her husband, they have been staying at Prive for more than a year already. But this EC wasn’t their.