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Thread: EC Penthouse

  1. #1
    Join Date
    Jul 2012
    Posts
    28

    Default EC Penthouse

    Like to hear from the experts, why are EC Penthouses so popular?

    With an combined income of $12k, buyers are willing to buy EC Penthouse which are >$S1million.

    And it comes with so many rules and regulations, for the 1st 5years.

    Wouldn't it be better if go for PC? less restrictions?

    Or EC Penthouse are really a good bargain at today's price?

  2. #2
    Join Date
    Mar 2012
    Posts
    7,827

    Default

    Quote Originally Posted by snooze71
    Like to hear from the experts, why are EC Penthouses so popular?

    With an combined income of $12k, buyers are willing to buy EC Penthouse which are >$S1million.

    And it comes with so many rules and regulations, for the 1st 5years.

    Wouldn't it be better if go for PC? less restrictions?

    Or EC Penthouse are really a good bargain at today's price?
    simply answer is supply and demand. Penthouses these size are rare and seldom available, while demand for large apartment is always there.

  3. #3
    Join Date
    Nov 2008
    Posts
    175

    Default

    Quote Originally Posted by snooze71
    Like to hear from the experts, why are EC Penthouses so popular?

    With an combined income of $12k, buyers are willing to buy EC Penthouse which are >$S1million.

    And it comes with so many rules and regulations, for the 1st 5years.

    Wouldn't it be better if go for PC? less restrictions?

    Or EC Penthouse are really a good bargain at today's price?
    Buyers are either young couple with parents' help or well-to-do semi retirees with part-time jobs and tons of cash

    So, the rich gets more and more subsidies from government.
    Presidential suites 4k sqft at 470psf!!!!!!
    I am not happy as tax payer and citizen

    Regards

  4. #4
    Join Date
    Nov 2011
    Posts
    789

    Default

    Condo and EC same, difference is EC got restriction and home stay....if now buy EC at 700 psf, next time sell at 1k psf.....u will say why I didnt tink of tat.....tose who dare earn big $

  5. #5
    Join Date
    Jan 2012
    Posts
    660

    Default

    Quote Originally Posted by repanse71
    Buyers are either young couple with parents' help or well-to-do semi retirees with part-time jobs and tons of cash

    So, the rich gets more and more subsidies from government.
    Presidential suites 4k sqft at 470psf!!!!!!
    I am not happy as tax payer and citizen

    Regards
    Yup, if can afford to buy $1M plus ECs, then no neeed any govt subsidies !

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