Executive condo (EC)
Timely to consider introducing a prime Executive Condo model
Build new ECs in choice locations and sell such homes with tighter restrictions
Coastal Cabana EC project sells over 66% of units at average of S$1,734 psf on launch weekend
Figure falls within the S$1,700 to S$1,800 psf range that market watchers earlier expected
Property players call for lower ABSD on foreign buyers, review of EC income and loan caps
Other proposals floated include further tweaks to developers’ sales deadlines, lower consent threshold for en bloc sales
HDB launches EC site at Miltonia Close in Yishun for sale
It will house the first such development beside the residential area set to replace Orchid Country Club
Preview starts for Coastal Cabana executive condo project next to Downtown East
Prices of three-bedders start from S$1.438 million for a 872 sq ft unit, reflecting S$1,649 psf
Second Woodlands executive condo plot released for tender
It is in the vicinity of Woodlands South MRT station
September new home sales fall to a low, but strong rebound expected in October
Developers sold 255 private homes in September, down 88.1% on month and 36.4% on year
EC prices hit new highs amid rising land costs, fierce developer competition
Median prices of new and resale units are more than double 2015 levels, hitting their highest since 1996
Time to raise income ceilings for buyers of new HDB and EC units, and have bi-annual fixed increases
Might a higher income ceiling to buy public housing be announced in this year’s National Day Rally?
CDL sets new benchmark for EC land with S$782 psf ppr bid for Woodlands plot
The developer also tops bids for another EC site at Senja Close with S$771 psf ppr offer
