Property Stories A First-Time Homebuyer’s Journey: List Of 27 ECs With Big Units + Review Of Citylife @ Tampines

  • September 1, 2021
  • 12 min read
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TJ

TJ's interest in property was sparked after returning from the UK- where balconies are not counted in one's square footage!- and finding that the Singapore property had totally changed in the 7 years she was away. When not reading and watching articles & videos about property, she is busy cooking and baking for friends, family & her blog Greedygirlgourmet

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ET
ET

Was considering resale ECs like this but most real estate agents I spoke to say that it’s hard to make much capital appreciation as the original owners bought at much lower prices?

Stacked Homes
Stacked Homes

Hey! It’s more of that resale ECs don’t have any specific advantages over other private condominiums as it’s based on market rate, not the subsidised rate that first owners purchased it at. Whether it continues to appreciate more than others or not just depends on factors like transformation in the area like an improvement of amenities, or transport nodes and so on.

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