Author: ECSG

A fierce bidding war is expected for an executive condominium (EC) site in Punggol that was released for sale yesterday. A dozen or more developers could enter the race for the 99-year leasehold plot in Sumang Walk, which was released for sale under the second-half 2017 Government Land Sales (GLS) programme. The site could yield…

Hundred Palms Residences fully sold out on launch day at an average price of $836 psf. SINGAPORE – There may be no roll-back of the property cooling measures but the reception for an executive condominium that began selling over the weekend was red hot. All 531 units of Hundred Palms Residences at Yio Chu Kang…

Developers sold 244 executive condominium units for the month of June 2017. The top-selling projects were Sol Acres – 41 units The Visionaire – 35 units Signature at Yishun – 30 units This is down 5.3 per cent from the previous month of May 2017, but is a 5.2 per cent year-on-year increase. No new…

Strong report card for developers in the 1H of 2017 in the private property and executive condominiums market. DEVELOPERS have sold 6,388 private homes in the first six months of this year – just 20 per cent shy of the 7,972 units they moved in the whole of last year. The strong showing came about…

Developers sold 250 executive condominium units for the month of November, 2016. This is down slightly from the 288 executive condo units sold in the previous month of October.  

Only three new executive condominiums (ECs) are targeted to launch next year, down from five projects in 2016. Their names haven’t been revealed yet, but the sites are at:   1) Choa Chu Kang Avenue 5 The EC site at Choa Chu Kang Avenue 5 was awarded to a consortium led by Qingjian Realty in…

288 units of new Executive Condominiums were sold in October 2016. Out of the top 5 best selling projects in October, 2 were ECs – Sol Acres and The Terrace EC. Sol Acres moved 49 units, while The Terrace EC which will obtain it’s Temporary Occupation Permit (TOP) next year, sold 57 units.

Total sales in the first 9 months this year have exceeded the number sold last year

3 of the top 5 best-selling projects in September were executive condominiums. This includes Treasure Crest EC (38 units sold at a median price of $746psf), Sol Acres EC (36 units sold at a median price of $800psf) and The Terrace EC (28 units sold at a median price of $787psf). A total of 260…