AskGuru Q&A Community

Good morning Kenneth, Purchasing an EC that is about 10% to 15% cheaper than the surrounding condos. Don't you find that attractive? Once the EC MOP, you can sell your EC at a good price (maybe close to the private condos. Why not? EC still remains a "can buy". Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Dear Kenneth, from a pure investment point of view, I do not favour ECs. And as you rightly pointed, the recent measures have made ECs less desirable. ECs have a greater holding period return. You will have to see through the building phase as well as the MOP if you buy them brand new. That is easily 8 good years at least? How many such years do we have in our limited lifespan. Of course you can argue that you can still at commercial/industrial investment but there will be a cap to financing due to the TDSR framework. There are still gems in the residential market. Look close enough and align with the right professionals who will identify such gems for you. Cheers. Zavier Zhang 86662221  (zavierzhang.biz@gmail.com) Read More

Hi Mr. Kwok, so long as you purchase brand new direct from developer on any EC, there is potential of uoside appreciation. Best regards, J.A.Goh, HP: 96390350  , Email: gohja@singnet.com.sg Read More