According to Urban Redevelopment Authority (URA) data, Singapore executive condominiums (ECs) is generally a profitable investment in the long run, despite of slowed down in demand since 2014, OrangeTee stated.
In the data of EC projects for year 2012 and 2013, most new EC projects sold their units at least 33% during the first month of launch of their project. However, in year 2014 and 2015, out of 11 developments only 1 project managed to sold at least 33 percent of their units due to the tougher cooling measures of property.
Furthermore, executive condominiums (ECs) unit prices are nearly on level to private condos after being totally privatised, according to historical data.
ECs Project can only be sold when buyer has finished the MOP or minimum occupation period of five years. Then after completing the 10 years, ECs can be sold to foreigners after becomes fully privatised. EC projects becomes profitable investment after privatisation.
Nevertheless, not all ECs are good investments at MOP, 13 of the 21 projects earned a loss after completing the MOP, yet the remaining 8 projects get profits of over 20 percent.
Singapore Property offers EC projects such as The Criterion EC and Parc Life EC, which can make a substantial profits.
