The Criterion EC

AceyourMaths

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definitely buy earlier better. but those who are keen to buy shouldn't delay.

Depends on the market.

Some people buy earlier eg in 2014 and then the price dropped so you have to time it well to get the best deals.

But of course, if you have deep pockets, then this small increment matter less to you from an investment point of view since EC supply running out.
 

tokidoki_sg

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Depends on the market.

Some people buy earlier eg in 2014 and then the price dropped so you have to time it well to get the best deals.

But of course, if you have deep pockets, then this small increment matter less to you from an investment point of view since EC supply running out.

i'm referring to The Criterion EC since we are in this thread right.
Launch price and unit choices cannot compare with what's leftover now.
 

Scylla

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Depends on the market.

Some people buy earlier eg in 2014 and then the price dropped so you have to time it well to get the best deals.

But of course, if you have deep pockets, then this small increment matter less to you from an investment point of view since EC supply running out.

price will still drop coming years bo?
 

AceyourMaths

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price will still drop coming years bo?

unlikely for EC price to drop as the govt did not release much land to build EC going forward.

There is only one EC (Rivercove) coming up in 2018 and it is expected to sell out fast even at high psf.
 

Scylla

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unlikely for EC price to drop as the govt did not release much land to build EC going forward.

There is only one EC (Rivercove) coming up in 2018 and it is expected to sell out fast even at high psf.

but now buy also not worth it already bcos already so high psf (~avg 800 or more), bto sua liao! :s13:
 

AceyourMaths

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but now buy also not worth it already bcos already so high psf (~avg 800 or more), bto sua liao! :s13:

Northwave has the lowest psf among all available ECs. Price are as low as $735 psf which is the price of Woodlands EC as far back as 2009. Price of condo may rocket again in 2018 onwards.

https://www.squarefoot.com.sg/latest-transactions/sale/residential/executive-condominium

And so far, there has been no increase in price yet for NW other than the upcoming one...

Some BTO (Eg Tiong Bahru View no reno) costs higher than ECs so it depends on whether you prefer location or more internal amenities n security.
 

Scylla

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Northwave has the lowest psf among all available ECs. Price are as low as $735 psf which is the price of Woodlands EC as far back as 2009. Price of condo may rocket again in 2018 onwards.

https://www.squarefoot.com.sg/latest-transactions/sale/residential/executive-condominium

And so far, there has been no increase in price yet for NW other than the upcoming one...

Some BTO (Eg Tiong Bahru View no reno) costs higher than ECs so it depends on whether you prefer location or more internal amenities n security.

kaoz woodlands? mlmlwml dun like woodlands although i working in woodlands lol :s13:
 

tokidoki_sg

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Northwave has the lowest psf among all available ECs. Price are as low as $735 psf which is the price of Woodlands EC as far back as 2009. Price of condo may rocket again in 2018 onwards.

https://www.squarefoot.com.sg/latest-transactions/sale/residential/executive-condominium

And so far, there has been no increase in price yet for NW other than the upcoming one...

Some BTO (Eg Tiong Bahru View no reno) costs higher than ECs so it depends on whether you prefer location or more internal amenities n security.

This developer project all I will ban
 

AceyourMaths

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Quality is better this time round. Hao Yuan has learnt and have came out with better quality product this time.

Ec will always sell because it is currently at a large gap of about 20% when compared to private condo price in the same district. EC is always sold at a discount to PC and yet it can sell to PR in 5 years and will attain full condo status in 10 years.

In August 2017, there are only 928 launched and unsold EC units left. In the past 12 months, developers sold an average of 368 units monthly. Currently only 400+ units left. At this rate of sales, the developers' inventory of launched and unsold EC units could be fully exhausted before this Christmas if no new EC units are released for sale.

By Xmas or cny, all ec may sell out.
 
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flashover

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I agree especially with ECs nearing TOP and with limited EC supply. Plus alot of newer hdbs have fulfilled MOP and introduce more eligible EC buyers. Some may consider EC to upgrade.

Quality is better this time round. Hao Yuan has learnt and have came out with better quality product this time.

Ec will always sell because it is currently at a large gap of about 20% when compared to private condo price in the same district. EC is always sold at a discount to PC and yet it can sell to PR in 5 years and will attain full condo status in 10 years.

In August 2017, there are only 928 launched and unsold EC units left. In the past 12 months, developers sold an average of 368 units monthly. Currently only 400+ units left. At this rate of sales, the developers' inventory of launched and unsold EC units could be fully exhausted before this Christmas if no new EC units are released for sale.

By Xmas or cny, all ec may sell out.
 

tokidoki_sg

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Quality is better this time round. Hao Yuan has learnt and have came out with better quality product this time.

Ec will always sell because it is currently at a large gap of about 20% when compared to private condo price in the same district. EC is always sold at a discount to PC and yet it can sell to PR in 5 years and will attain full condo status in 10 years.

In August 2017, there are only 928 launched and unsold EC units left. In the past 12 months, developers sold an average of 368 units monthly. Currently only 400+ units left. At this rate of sales, the developers' inventory of launched and unsold EC units could be fully exhausted before this Christmas if no new EC units are released for sale.

By Xmas or cny, all ec may sell out.

Seems like you are an agent. Dun promote how good it is just for commission sake.
If it’s such a good development by all means get all your friends and relatives to go buy.

Quality improved? Are you sure? Go read feedback from Forestville EC, their most recent TOP EC project. I have friends who bought units there.
https://www.facebook.com/ForestvilleWoodlandsEC/
 
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flashover

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I rented there and quite appalled at the workmanship. Also there was no card access for each block which i found weird in a condo in the new millenium.

Seems like you are an agent. Dun promote how good it is just for commission sake.
If it’s such a good development by all means get all your friends and relatives to go buy.

Quality improved? Are you sure? Go read feedback from Forestville EC, their most recent TOP EC project. I have friends who bought units there.
https://www.facebook.com/ForestvilleWoodlandsEC/
 

Scylla

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I rented there and quite appalled at the workmanship. Also there was no card access for each block which i found weird in a condo in the new millenium.

How come no card access? Maybe using retina scanner? Or fingerprint access?
 

AceyourMaths

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Forestville. Reviews 4.4/5. Not that bad. Of course not the most highly-rated one. At least now, they have more experiences to take on new projects.
 
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