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ECs nearing 5-year MOP or 10-year privatisation: Eligibility, price and should you buy? - Vimarsana News

ECs nearing 5-year MOP or 10-year privatisation: Eligibility, price and should you buy?

If you're in the market for an executive condominium, but unable to apply for one at launch, it could be due to several reasons. Usually, it's tied to your citizenship status, age or household income, but there are a few more reasons that may restrict you from buying directly from a developer at launch. More often than not, couples and...

5 DBSS projects with the most affordable 5-room flats - Vimarsana News

5 DBSS projects with the most affordable 5-room flats

Ever since the last record-breaking $1.4 million resale HDB sale in Henderson, the conversation on whether HDB prices are getting out of hand has been all homebuyers can talk about. For some, it’s hard to accept that HDB prices can cost this much, even when you look at equivalent options and realise that there really isn’t much to fair comparison...

7 like-new executive condos that will MOP in 2022 - Vimarsana News

7 like-new executive condos that will MOP in 2022

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...

New private home sales up by 20.7% in March - Vimarsana News

New private home sales up by 20.7% in March

As the Chinese New Year lull period has passed, developer sales (excluding Executive Condominiums) increased by 20.7 per cent last month. According to URA's sales data, 654 new private homes were sold in March, compared to 542 units sold in February. Nevertheless, new sales excluding ECs declined by 49.5 per cent year-on-year, according to Christine Sun, Senior Vice President of...

Are executive condominiums a better investment now with the new cooling measures? - Vimarsana News

Are executive condominiums a better investment now with the new cooling measures?

Executive Condominiums (ECs) are more in demand than ever, given peak home prices in 2022. We’re expecting at least four EC launches before the year is out, and a big question now is how they’re impacted by new cooling measures. Are they in fact a better choice for asset progression, or should you still stick to fully private condos? Here’s...