Why Investing in Tampines Executive Condominiums Could Be a Good Decision
Why investing in EC is a good idea? EC is a class of housing between HDB flats and private condos. Its sales price is usually lower than the equivalent private condo. The price per square foot for ECs is 760 dollars compared to 650-750 dollars during previous launches. According to SLP International Executive Director Nicholas Mak, this development will do well with demand from first-time buyers and upgraders.
EC is a class of housing between HDB flats and private condos
ECs are a hybrid of public and private housing, boasting private estate facilities, yet subject to HDB regulations. At the time of purchase, ECs were a kind of hybrid property, with a public ownership period of five years and a 99-year leasehold tenure. With the recent introduction of the HDB Design, Build and Sell Scheme (DBSS), private developers can …