Page 3 - Executive Condominiums News Today

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...

For young couples looking for a Build-To-Order (BTO) flat, the prospect of possibly receiving a string of rejection letters can be a daunting experience. And even if they manage to secure a new place, the lengthy waiting time to get the keys to your flat can be a nightmare for some. Speaking to the media last Friday (Oct 28), Housing...

After the December 2021 cooling measures, the general consensus was that Executive Condominiums (ECs) would be more attractive. At the time, we broadly agreed with the sentiments (even though it was more to do with rising prices across the board than about cooling measures per se). However, given the latest cooling measures last week – itself partly driven by spiking...

The cooling measures on 30th September seem timely, after the latest results. September 2022 has seen a record number of million-dollar flats sold in a single month, and rising prices reveal December’s cooling measures had little to no impact. Despite this, all attention seems to have turned to 4-room and smaller flats. Here’s what’s going on: September 2022 has set...

With tighter loan limits and a 15-month wait for some for resale flats, the latest round of cooling measures is poised to shake up the property market. In these volatile and uncertain times, we’d say the changes are prudent – and simple enough that they won’t overly panic the market. Still though, with every set of cooling measures, some people...

The Singapore government has announced new cooling measures, in a response to rising interest rates and record-high home prices. Some of these, such as a higher floor rate for measuring debt servicing ratios, were long expected; but others, like an increased wait-out period for resale flats, came as a surprise. Here’s what you need to know: First, for property loans...

We have seen perhaps more change in our real estate industry over the past decade, than in the past 30 or 40 years. From higher stamp duties, to a transformed resale flat market, there is a lot to process. At a fundamental level, this should affect how we see and choose our property purchases; but it may be time to...

Before there was such a thing as BTO flats, HDB flats were built BEFORE they were sold. In 1989, there was a massive oversupply of flats in Woodlands and Yishun. In response to the oversupply, HDB combined many unsold units into jumbo flats, effectively halving the number of unsold flats. Jumbo flats are essentially the biggest HDB flats you can...