The cost of an Executive Condominium (EC) in Singapore can vary significantly based on a range of factors including location, property size, market conditions, and the development's age. As of the latest updates, buyers can expect to spend between SGD 800,000 and SGD 1.2 million for a resale EC unit, with newer units generally commanding higher prices. The pricing also reflects the hybrid nature of these properties, which offer the benefits of both condominium living and the possibility of upgrading to a private condo after five years, making them an attractive option for executives and families alike. It's advisable to conduct thorough research or consult property experts to understand the current market trends and to budget accordingly for this significant investment in Singapore's real estate landscape.
2023 Executive Condo Guide: Costs and Considerations in Singapore
