New EC Launch: Have You Missed the Boat in Singapore

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Thinking about buying an Executive Condominium (EC) in Singapore? While there haven't been many new launches in 2024, there's still information to help you decide!

Lumina Grand: The Only Launch So Far

As of July 15, 2024, only one EC, Lumina Grand, has launched this year. It saw a 53% take-up rate over its opening weekend, indicating continued interest in ECs despite the lower number launched compared to previous years. This could be due to factors like:

  • Limited Availability: With only Lumina Grand launched in 2024, the pool of available EC units is smaller.
  • Rising Prices: The overall increase in EC unit prices might be affecting take-up rates.

What are Upcoming Options?

There aren't confirmed launch dates yet, but some upcoming ECs to keep an eye on include:

  • North Gaia (Yishun Ave 9): Expected TOP in 2027, this EC boasts great connectivity new ec launch with the North-South Line and major expressways.

 

Thinking Long-Term?

If you're open to waiting, there's a chance of more EC launches in the later part of 2024 or even in 2025. Remember, EC ownership comes with eligibility requirements, so be sure to check those before getting your hopes set.

Considering Existing ECs?

While new launches are exciting, there might still be unsold units in previously launched ECs. Research these options as well to find the best fit for your needs.

Stay tuned for further updates on new EC launches in Singapore!

 
 
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