Executive condominiums prices are now at a record high. Almost 300 resale ECs have yielded profits of at least half a million dollars.
On Powering Your Property, Prime Time's Bharati Jagdish finds out how windfalls from resale exec condos make them an alluring buy for HDB upgraders with Christine Sun, Senior Vice President of Research & Analytics, OrangeTee & Tie.
Highlights from the conversation:
01:04: Reasons behind the high profitability of executive condominiums in Singapore
02:13: How resale executive condominiums yield higher profit over time
03:17: What the narrowing price gap between new and resale executive condominiums mean for investors
04:13 : How will recent property cooling measures impact the demand for resale executive condominiums condos and developers adjusting the selling prices of new ECs
07:25: Outlook for 4Q2022 amid the relatively slim pipeline supply of new project launches
08:26: The impact of current economic concerns on the property market in 2023