More EC units resold for profit of at least $1 million in 2024 – How profitable is the market?

Update: 2025-03-05

Description

According to PLB Research data, the number of executive condominium (EC) units resold for at least $1 million in gross profit more than doubled to 38 in 2024, from 15 in 2023. Andrea Heng and Hairianto Diman look at the probability of the EC resale market and how it stacks up against the condo resale market with Prof Sing Tien Foo, Provost's Chair Professor, Department of Real Estate Business School, NUS

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