Tuesday, October 23, 2012

Meet the priciest executive condos for the last 14 years

A S$1.6m penthouse snagged the top spot.

According to Savills 'Market in Minutes' report, while the average price quantum for all new ECs was S$822,000 in Q2/2012, more EC units have breached the S$1 million dollar mark in recent months.

Here's more from Savills:

Since the re-launch of EC developments in Q4/2010, there were 343 caveats of new sales above S$1 million. Of this number, more than half were sealed this year, and close to 100 units of which were transacted in Q2/2012.

These 100 units constitute about 10% of all new EC sales for that quarter, jumping significantly from just ten transactions year-on-year.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
Email: marshe_inc@yahoo.com.sg
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

| www.marshe.sg | www.marsheproperties.com.sg | www.hudcsg.blogspot.com |
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