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Hi Spencer,

Like to share with you my opinion on Exec Condos. Exec Condos grow in appeal with age.

They are looking more appealing in terms of investment value. While ECs are generally 10 to 15 per cent cheaper than full provate counterparts, their value are expected to rise when they turn 10 years old. This is the point at which restrictions will be completely lifted, so they can be bought by anyone, including foreigners.

The rental yields are attractive too. The rents they fetch are comparable to those for private condos.

To purchase resale ECs in the East, you can have the following options:

1) Eastvale @ Pasir Ris Dr 3
2) Pinevale @ Tampinese St. 73
3) Simei Green @ Simei St 4
4) The Eden @ Tampines st 34.

Not a problem for you to get a 2-bedroom unit below $650k on above-mentioned ECs. However, to get a "good" 3-bedroom unit, you might need to strech slightly above $650k.

Alternative, you can consider to purchase 3-bedrooms ECs in the North which price varies between $535k to $610k.

Do contact me if you require further clarrification or you need my further service.

Regards

Terence
Hp 90256676 
property.candh@yahoo.com.sg Read More

Hi Jeff,

I have a rare FREEHOLD unit (Not 99yrs) in the east at Estella Garden @ Flora Road, about 10yrs, 1292 sqft (120sqm) @ only $690k yet negotiable. Owner migrating.
- beautifully renovated
- 3+1 rooms Resort style
- pool view
- Quiet surrounding

Call me @ 98168896  to discuss about your needs and viewing. Thks. Read More

Hi,

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 9 6 6 0 8 5 0 8 with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9 6 6 0 8 5 0 8
Email: Silviayang8@gmail.com Read More

Hi there,

- Executive Condos (ECs) are typically more affordable than private condos and offer government grants if you're eligible. However, ECs come with a Minimum Occupation Period (MOP) of 5 years before you can sell or rent them out.
- Private condos offer more flexibility with no MOP, often come with better amenities, and tend to have a higher rental yield. The downside is they are generally more expensive and no grants are available.
- Considering your budget of $600-650k, finding a private condo in Simei/Tampines/Pasir Ris might be challenging, but you could explore smaller units or older developments.
- As for timing, the property market in Singapore is relatively stable, but always keep an eye on interest rates and government policies which can influence prices. If you find a good deal now, it might be worth considering rather than waiting.

Thank you.

Family realtor solved 1000+ property problems,
- Mani Subramanian Veeramani
Social Media Tags: @AskRealtorMani #AskRealtorMani /AskRealtorMani
https://wa.me/6583004411
Top 1% Real Estate Voice LinkedIn Singapore
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PS: Here is the list of Below Market Value Properties
https://linktr.ee/AskRealtorMani Read More