Page 2 - Executive Condominiums News Today

Most Singaporeans resign themselves to paying off a home loan for 25 to 30 years. In most cases, the home loan is the last loan to be repaid, due to the lower interest rate (and maybe because CPF can be used to pay it). But every now and then, we meet homeowners who finish off their property loans in record...

Thinking of upgrading from an HDB flat, but find that buying a condo is too expensive? Your best bet is to get an Executive Condo. A hybrid of public and private housing, Executive Condominiums (EC) come with condo facilities, but are cheaper than condos as they're subsidised. Just like HDB flats, you can take CPF Housing Grants to buy a...

A new set of cooling measures is upon us, and as has been typical for the past few – it was announced at a time close to midnight so that no one has any time to react. So the big news. ABSD rates have increased again, a move that’s not entirely unexpected given the still soaring home prices. What’s unusual...

While most property stories in Singapore are success stories, it's important to know the flip side as well. So you may be surprised to know that even "sure-fire" investments like new Executive Condominiums can sometimes transact at a loss. But timing is everything (which you will see in a bit). Here are some new ECs with losing transactions, and what...

Flat owners look forward to their MOP like NS men look forward to their ORD. Once it happens, you’re free to… carry on with 20 more years of debt? Obsess over the impact of a nearby columbarium on property price? Eh, here are some better ideas. The Minimum Occupation Period (MOP) is a five-year stretch that applies to most HDB...

Your family is itching to move to a new home. You have made up your mind — you are going to sell your current home in exchange for a bigger and fancier home. But there is just one problem: You are unsure of the expenses to be paid before selling your house. Here are the things you need to pay...

With recent policy tweaks and a much pricier property market, upgrading in 2023 might be a bit of a challenge. Here's a look at how you might go about doing it smoothly. Whether you're looking at a new launch or resale unit, these are the main issues to keep in mind — a few points on how 2023 might differ...

2022 was a wild ride for the property market, and for the world in general. From a new war in Europe, to record-high interest rates, to new cooling measures. There are definitely some bumps ahead in the coming year, but there's always a silver lining too. Here's what we think most property buyers (and sellers) will like or hate about...

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...