Singapore's Executive Condominium (EC) Resale Market Continues to Rise
According to the latest data, Singapore's Executive Condominium (EC) resale market is on an upward trajectory. In the fourth quarter of last year, the average transaction price for ECs increased by 11.5% year-on-year, marking steady growth in the EC market. Specifically, there were 1,951 EC units transacted last year, a decrease of 4.9% compared to 2022, but the average transaction price reached SGD 1,275 per square foot, representing a significant increase.
Mar 14, 2024