Executive Condominiums are highly sought after by privileged Singaporean families due to (1) its affordability compared to a comparable private residential development and (2) the higher capital appreciation potential compared to neighboring comparable private residential development when put up in the resale market. With such attractive attributes, families are still making Executive Condominiums their next home despite the lackluster property market. Here’s the list of Top 10 Executive Condominiums which sold the most units in the month of November 2016.
PROJECT | LOCATION | CHANGE IN POSITION | POSITION IN NOV 2016 | UNITS SOLD IN NOV 2016 | POSITION IN OCT 2016 | UNITS SOLD IN OCT 2016 |
|---|---|---|---|---|---|---|
| SOL ACRES | CHOA CHU KANG GROVE | ▲ | 1 | 56 | 2 | 44 |
| THE TERRACE | EDGEDALE PLAINS | ▼ | 2 | 36 | 1 | 55 |
| WESTWOOD RESIDENCES | WESTWOOD AVENUE | - | 3 | 29 | 3 | 20 |
| BELLEWOODS | WOODLANDS AVENUE 5 | ▲ | 4 | 27 | - | 8 |
| THE VALES | ANCHORVALE CRESCENT | ▲ | 5 | 19 | 10 | 13 |
| THE VISIONAIRE | CANBERRA DRIVE | - | 6 | 18 | 6 | 16 |
| THE CRITERION | YISHUN STREET 51 | ▲ | 7 | 13 | 9 | 14 |
| WANDERVALE | CHOA CHU KANG AVENUE 3 | ▼ | 8 | 12 | 4 | 17 |
| PARC LIFE | SEMBAWANG CRESCENT | ▼ | 9 | 11 | 4 | 17 |
| NORTHWAVE | WOODLANDS VIEW | ▲ | 10 | 10 | - | 5 |
Ranked by PropertyNet Research Team.
Commentaries on Top 5 Executive Condominiums with most units sold in November 2016
Sol Acres is the largest Executive Condominium development in Singapore – 1,327 homes. With a land size of 32,908.6 SQM (354,228 SQFT), it has the luxury of having a great number of facilities unmatched by most Executive Condominiums – 3 Clubhouses, 2 Tennis Court, 3 Huge Swimming Pools and more, standing out from its competing development (i.e. Wandervale) and securing the top spot for November 2016.
The Terrace is now the only Executive Condominium with choice units left in Punggol. With URA push to develop Punggol into a high-quality living eco-town, Punggol remains highly sought after by families already living in the northeast of Singapore. Plus, being the only Executive Condominium in Punggol lining the Punggol Waterway, families wanting a place in Punggol couldn’t resist making The Terrace their next home.
Westwood Residences is a choice for families wanting to live in Jurong and enjoy the great upside presented by the upcoming massive development in Jurong – Jurong Business District, Jurong Innovation District, Tuas Mega Port, High-Speed Rail, Jurong Lake District. Apart from the obvious capital appreciation that should take place in future, Westwood Residences offered an active lifestyle themed living in this development, featuring the 1st Velodrome to be built in a residential development. The bicycle facilities (bike garage and maintenance/service area) encourage cycling as a preferred mode of transport, aligning to the future transport vision of Singapore’s Land Transport Authority.
Bellewoods has broken its silence with over 27 units sold in November 2016 compared to 8 units sold in October 2016. The jump in the number of sold units is mainly due to the fact that Bellewoods are almost ready for immediate occupation. Families who are looking for a new home to move in without the usual wait of 2 to 3 years for a new launch, can expect shorter transition period from their old homes to Bellewoods. In addition, the stronger demand is also contributed by the facts that buyers can now view the actual units to decide if Bellewoods are for them. If you would like to view the actual unit, you may use the contact form below or text +65 9834 3222 with your preferred viewing date & time to arrange your viewing appointment with the developer sales team.
The Vales is probably back in action due to the fact that there are no other choices for families looking for an Executive Condominiums in Anchorvale now. Plus, the next Anchorvale Executive Condominium to be launched in 2017 may not be priced better than The Vales given its higher land price. So, it’s better for families considering Executive Condominium in Anchorvale to consider The Vales.
That’s all for now. Hope the above information are useful to you. If you require further information or would like to find out more about any of the Executive Condominiums, feel free to drop us a note using the contact form below. Once we received your message, a representative from the official developer sales team will contact you. Before you go, we thought you may be interested in these articles: Comprehensive List of Executive Condominium with Available Units & Upcoming 3 Executive Condominiums to be launched in 2017 (written by team from Westwood Residences). Have a great day ahead!
