Why you should buy an EC in Singapore

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 2

Why you should buy an EC in Singapore

Why you should buy an EC in Singapore

Why you should buy an EC in Singapore

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 1

Hi everyone, I am Ryan Lee, a Singapore Real Estate agent. Today I want to share Why is it a no brainer to buy an EC!

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 2

Reason No. 1

Executive Condominiums (ECs) have very good price appreciation over the years.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 3
Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 4

From the exterior of the development, you wont be able to distinguish an EC or a condo but EC is priced 15% to 20% cheaper than a condo. Besides that, you are able to sell to different target groups after fulfilling 5 to 10 years of MOP (minimum occupation period)

With a lower entry price compared to a condo, your margin for price appreciation is much higher.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 5
Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 6

Not only that, there is a constant limited supply of EC. Based on data, ECs only took up 7.5% of the total private residential market share in Singapore.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 7

Reason No. 2

You should capitalize on your citizenship privileged status.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 9
Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 8

Only Singapore Citizens with household income less than $16,000 are qualify to buy a new EC. In addition, you can enjoy CPF Housing grant of up to $30,000

To sweeten the whole deal, HDB upgraders who own a hdb currently do not have to pay additional buyer stamp duty to upgrade to a new EC upon purchasing. Deferred payment is available too.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 10

Reason No. 3

EC is the ideal starting point for your asset progression path but it is important to speak to a real estate agent to discuss in depth.

Why You Should Buy An Ec In Singapore By Ryan Lee Kk Buyhomenothouse 11

That’s all for today, I am Ryan, do contact me if you are planning to buy sell or rent your property. bye!

Contact Us to Find Out More!

In adherence to the Personal Data Protection Act, by submitting your personal particulars through the forms in this website, you are hereby agreeing to allow us to contact you via the contact information you have provided.

error: