Summary of Executive Condominium (EC) in 2019 and 2020

It has been quite 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.

LocationProj NameEst. LaunchEst. TopCost per sq ft per plot ratioEst. Breakeven PriceEst. Launch PriceEst. No. of UnitsDeveloper
Sumang WalkPiermont Grand20192023$583$1,000$1,080820

Check Balance Units

City Development (CDL) and TID Residential
Anchorvale CrescentOLA EC20202023$576$900$1,135550

Check Balance Units

Evia Real Estate and Gamuda
Canberra LinkParc Canberra20202023$558$950$1,085496

Check Balance Units

Hoi Hup and Sunway Developments
Tampines Ave 10Parc Central20202024$578$1,000$1,100680Hoi Hup and Sunway Developments
Canberra LinkTBA20212024$566$950$1,100385MCC Land

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 find a more comprehensive review of Piermont Grand EC and OLA EC here.

Check out also New Launch Project to TOP in 2019/2020.