23/02/2024
New article - BT Supplement: ECs still a winning proposition for buyers
23 February 2024
We are pleased to shared an article that we have written and published in The Business Times.
Prices of new executive condominiums (ECs), a popular hybrid segment combining private condo facilities with public housing eligibility criteria, reached record levels in recent years.
However, prices have risen at a much slower pace compared to other private properties over the past five years, and ECs continue to look comparatively reasonable relative to other new private homes in the market.
What are some key factors to consider?
1. EC price growth lags other segments
2. Accessible pricing for more space
3. Profit potential
4. Limited supply sustains EC prices
To read more
https://www.businesstimes.com.sg/property/bt-property-week-2024/ecs-still-winning-proposition-buyers #:~:text=However%2C%20prices%20have%20risen%20at,S%241%2C417%20psf%20in%202023.
Thank you
OrangeTee Research & Analytics
