Buyers are coming back to the EC Market. Developers sold 546 EC units in April, up from the 485 units moved in March and the 126 transacted in April last year, according to the Urban Redevelopment Authority. ECs are popular as they offer facilities similar to those in condominiums but at a lower price.
EC that are newly launch this year include Wandervale EC, Parc Life EC and Treasure Crest EC. In March, Sim Lian Holdings surprised the market with strong sales of its executive condominium project Wandervale, moving almost 300 units out of a total of 534 units within the first month of launch.
Here is an article on EC from Straits Times