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Thread: Price of ECs?

  1. #1
    Join Date
    Aug 2009
    Posts
    1

    Default Price of ECs?

    Hi
    Any comments on the prices of resale ECs (Exec Condos)?
    With the new DBSS prices set so high, is a resale EC considered a steal?
    They have full facilities compared to DBSS which is still public housing...

    However a check on the current prices show they are still very much cheaper than L99 condos nearby.

    Do ECs generally command a lower price where ever they are located?
    I see very varied range.
    Those in Jurong, Woodlands are selling at 500+K only
    While those in seng kang at 600K and those in Simei/Tampines are 700k.

  2. #2
    Join Date
    Nov 2008
    Posts
    1,385

    Default

    Quote Originally Posted by Korn
    Hi
    Any comments on the prices of resale ECs (Exec Condos)?
    With the new DBSS prices set so high, is a resale EC considered a steal?
    They have full facilities compared to DBSS which is still public housing...

    However a check on the current prices show they are still very much cheaper than L99 condos nearby.

    Do ECs generally command a lower price where ever they are located?
    I see very varied range.
    Those in Jurong, Woodlands are selling at 500+K only
    While those in seng kang at 600K and those in Simei/Tampines are 700k.
    what the size u saw for 700k.??

  3. #3
    Join Date
    Oct 2008
    Posts
    648

    Default

    not necessary. check Bishan Loft.
    it is not cheaper than other Bishan condo.

    Quote Originally Posted by Korn
    Hi
    Any comments on the prices of resale ECs (Exec Condos)?
    With the new DBSS prices set so high, is a resale EC considered a steal?
    They have full facilities compared to DBSS which is still public housing...

    However a check on the current prices show they are still very much cheaper than L99 condos nearby.

    Do ECs generally command a lower price where ever they are located?
    I see very varied range.
    Those in Jurong, Woodlands are selling at 500+K only
    While those in seng kang at 600K and those in Simei/Tampines are 700k.

  4. #4
    Join Date
    Apr 2009
    Posts
    923

    Default

    Try Lilydale. Few months ago... $550k would land you a 3 bedder... Price now is around $600k

  5. #5
    Join Date
    Feb 2009
    Posts
    5,837

    Default

    Quote Originally Posted by Korn
    Hi
    Any comments on the prices of resale ECs (Exec Condos)?
    With the new DBSS prices set so high, is a resale EC considered a steal?
    They have full facilities compared to DBSS which is still public housing...

    However a check on the current prices show they are still very much cheaper than L99 condos nearby.

    Do ECs generally command a lower price where ever they are located?
    I see very varied range.
    Those in Jurong, Woodlands are selling at 500+K only
    While those in seng kang at 600K and those in Simei/Tampines are 700k.
    look at the age of the EC ..

    EC has a lock in period .. within first 5 yrs ..owners aer not allowed to sell ..
    between 5-10yrs they can sell but only to citizens and PR

    after 10 yr they are like any private condos ... foreigners also can buy ..

    so choose one thats on a good location .. 5-10 yrs is good value ...

    which is why i have been telling people to buy Windermere / Yew Mei Green at Yew Tee, so near to MRT .. as opposed to buying Caspian or Warren at CCK

  6. #6
    Join Date
    Mar 2009
    Posts
    705

    Default

    Quote Originally Posted by proud owner
    so choose one thats on a good location .. 5-10 yrs is good value ...

    which is why i have been telling people to buy Windermere / Yew Mei Green at Yew Tee, so near to MRT .. as opposed to buying Caspian or Warren at CCK
    Is YM Green really that near to MRT? It doesn't appear to be so when I passed by that long time ago ...

  7. #7
    Join Date
    Dec 2008
    Posts
    3

    Default

    Quote Originally Posted by Korn
    Hi
    Any comments on the prices of resale ECs (Exec Condos)?
    With the new DBSS prices set so high, is a resale EC considered a steal?
    They have full facilities compared to DBSS which is still public housing...

    However a check on the current prices show they are still very much cheaper than L99 condos nearby.

    Do ECs generally command a lower price where ever they are located?
    I see very varied range.
    Those in Jurong, Woodlands are selling at 500+K only
    While those in seng kang at 600K and those in Simei/Tampines are 700k.
    I gernerally think that EC gives pretty good value than those 99LH private. Look at The Rivervale in Sengkang. It's only about 500 psf. The KPE allows you to drive from Sengkang to Marina well within 25 mins during the morning peak hour. It has Punggol park arcross the road, MRT within 300m, LRT within 100m, shops and supermarket in the neighbourhood.

  8. #8
    Join Date
    Feb 2009
    Posts
    5,837

    Default

    Quote Originally Posted by cheerful
    Is YM Green really that near to MRT? It doesn't appear to be so when I passed by that long time ago ...
    Windermere is nearer to MRT but just slightly .. YM Green is not far either ..walkable i would say 10 mins walk ..

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