Like HDBs, executive condominiums (ECs) are subjected to a 5-year Minimum Occupation Period (MOP) as they are a hybrid of public and private housing. Once an EC MOPs, its owners are allowed to sell their unit on the resale market (to Singaporeans/PRs) or put the whole unit up for rent. Resale ECs might be attractive to some buyers as they...
A 1,206 square feet HDB resale flat has just been sold for $928,000 in Sengkang. This works out to around $770 psf. The flat is located within the 10th and 12th floor of Blk 216C Compassvale Drive, just across the street from Compass One and Sengkang MRT. Perhaps more importantly for some parents, it's around a 10-minute walk away from...
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 the demand for ready-to-move-in homes during these pandemic times, many have been looking forward to 2022, where there’s a total of 36 BTO estates that will have reached the much-awaited MOP status. We recently compiled the full list, along with the brochures, some commentary on each, and the analysis of each floor plan to help you compare — spilt...
Students have different strengths, interests, aspirations and learning needs, and should not be pursuing the same definition of success, he said.
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BTO projects are taking longer to build due to the Circuit Breaker last year, as well as manpower and supply crunch driven by the pandemic. The construction delays have even led HDB to allow you to cancel your BTO to buy a resale flat if you have urgent housing needs. On the other hand, buying a resale flat comes with...