Summary of Executive Condominium (EC) in 2019 and 2020
It has been quick some time for a new Executive Condominium (EC) to launch in the market. Wait no more. From Jun this year to next year, at least 4 EC will be launched for selection. Here is the list of upcoming EC in 2019 and 2020.
|Location||Proj Name||Est. Launch||Est. Top||Cost per sq ft per plot ratio||Est. Breakeven Price||Est. Launch Price||Est. No. of Units||Developer|
|Sumang Walk||Piermont Grand||2019||2023||$583||$1,000||$1,100||820||City Development (CDL) and TID Residential|
|Canberra Link||TBC||2020||2023||$558||$950||$1,050||450||Hoi Hup and Sunway Developments|
|Tampines Ave 10||TBC||2020||2024||$578||$1,000||$1,100||680||Hoi Hup and Sunway Developments|
If you are new to EC, you can familiarize yourself with the basics such as EC Eligibility, CPF Grant, and whether you have to pay the Resale Levy. Or if you are already an EC owner, newlaunchguru.sg previously wrote an article about EC Hitting MOP (Minimum Occupation Period), What’s Next?
If you have made a wise decision to purchase your EC which is going to hit 5 year MOP, then congratulations that you most probably are sitting on 200k-300k paper gain right now.
At newlaunchguru.sg, you can read a more comprehensive review of Piermont Grand EC @Sumang Walk here.