CALLFORM

Published by PropertyNet Editorial Team

Updates:

New pages added: “List of Executive Condo with Unsold Units” & “List of Executive Condo Prices“. Information on EC without resale levy can also be found there. These pages are also updated every 1st and 15th of the month.

As of 1 March 2017,  Bellewoods, Ecopolitan & Forestville are the only Executive Condominiums without resale levy left.

Overview

Executive Condominium (EC) were introduced to cater to Singaporean, especially young graduates and professionals who can afford more than a HDB flat but find private property to be out of their reach.

ECs are comparable in design and facilities to private condominium as they are developed and sold by private developers. Over the years, the design and facilities of EC are getting better and some EC can equal or better private condominiums.

ECs are highly sought after by young graduates and professionals because of their affordability. ECs are typically priced 10 to 20% lower than her private counterparts within the same vicinity. Despite cooling measures implemented in recent years, ECs are selling at a healthy rate due to the fact that buyers of ECs are purchasing them for own stay and capital appreciation of ECs is generally better than private developments.

EC projects where the land sale is before 9 December 2013, Second-timers upgrading from HDB need not pay a resale levy.

Here’s the list of Executive Condominium that is without Resale Levy. You may bookmark this page (by pressing “Ctrl”+”D” on your keyboard) or like us on Facebook to avoid missing the next EC launch.

Table of Executive Condominiums with No Resale Levy

EC Project Address Developer Estimated Completion No. of Units % Sold Available Unit Type
Forestville Woodlands Avenue 5/ Woodlands Drive 16 Hao Yuan Investment Pte Ltd May-16 653 97 4 and 5 bedroom
Twin Fountains Woodlands Avenue 6/ Woodlands Drive 16 Opal Star Pte Ltd

Binjai Holdings Pte Ltd

Oct-16 418 FULLY SOLD
Ecopolitan Punggol Way/ Punggol Walk Qingjian Realty (South Pacific) Group Pte Ltd Dec-16 512 Last 2 Units 3 Bedroom Dual Key *Multi-Generation Rules Applies.
Sea Horizon Pasir Ris Drive 3/ Pasir Ris Rise Hao Yuan Development Pte Ltd Nov-16 495 FULLY SOLD
Waterwoods Punggol Field Walk/ Punggol East Sing Holdings Limited Mar-17 373 FULLY SOLD
SkyPark Residences Sembawang Crescent/ Sembawang Drive Oasis Development Pte Ltd Jan-17 506 FULLY SOLD
Bellewoods Woodlands Avenue 5/ Woodlands Avenue 6 Qingjian Realty (South Pacific) Group Pte Ltd Nov-17 561 63 3, 4 & 5 Bedroom
Lake Life Yuan Ching Road/ Tao Ching Road Evia Real Estate (5) Pte Ltd

BBR Development Pte Ltd

CNH Investment Pte Ltd

OKP Land Pte Ltd

Dec-17 546 FULLY SOLD
Bellewaters Anchorvale Crescent Qingjian Realty (South Pacific) Group Pte Ltd Nov-17 651 FULLY SOLD
The Terrace Punggol Drive/ Edgedale Plains Peak Square Pte Ltd Mar-18 747 FULLY SOLD
The Amore

 

Punggol Central/ Edgedale Plains Master Contract Services Pte Ltd

Keong Hong Construction Pte Ltd

Jul-17 378 FULLY SOLD

 

Source: PropertyNet Research, HDB and URA as at Q4 2015

Note: Above list are updated once information are available. Information above are subjected to changes without notice.

Related Articles: List of ECs launched in 2015 / List of ECs launched in 2016

Questions? Ask us.

What is resales levy and how it affects us? How much resale levy I need to pay if I choose those ECs where resales levy is payable? Which Executive Condominiums should I consider and why? Can I buy ECs directly from the developers? ……

Questions? Do ask us. We believe our professional EC team (developer sales team) is able to handle your questions and assist you to their very best. No obligation. As we are working for the developers and paid by developers, no commission is payable by you.

 

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