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New ECs versus private condos: price gap widening

Analysts debate if it's good value, or opportunity cost due to restrictions
Thursday, September 18, 2014 - 00:00

THE price gap between new executive condominiums (ECs) and private condos is widening, as rising condo prices have outpaced the fairly steady prices of its public-private counterpart since 2011. According to a study by STProperty, buyers who bought an EC this year would have saved 31.7 per cent