With new launches currently averaging over $2,000 psf, even HDB upgraders may find themselves priced out. This is where the Executive Condominium (EC) may come in handy as a stepping stone. For families that need three or four-bedder units, ECs may be one of the few (new) options where prices can still fall below $1.5 million. This is especially the case with resale ECs, where some real bargains might still be found. Here’s the full list of options currently on the market:
Row Labels
Average of unit_price_dollar_psf
Tenure
Built
Area
1 CANBERRA
$1,157
99 yrs from 30/01/2012
2015
Yishun
ALTURA
$1,474
99 yrs from 20/06/2022
Uncompleted
Bukit Batok
ARC AT TAMPINES
$1,216
99 yrs from 22/02/2011
2014
Tampines
AUSTVILLE RESIDENCES
$1,204
99 yrs from 24/08/2010
2014
Sengkang
BELLEWATERS
$1,298
99 yrs from 28/08/2013
2017
Sengkang
BELLEWOODS
$1,180
99 yrs from 12/08/2013
2017
Woodlands
BELYSA
$1,168
99 yrs from 24/01/2011
2014
Pasir Ris
BISHAN LOFT
$1,486
99 yrs from 13/12/2000
2003
Bishan
BLOSSOM RESIDENCES
$1,181
99 yrs from 02/03/2011
2014
Bukit Panjang
CHESTERVALE
$886
99 yrs from 17/03/1997
1999
Bukit Panjang
CITYLIFE@TAMPINES
$1,286
99 yrs from 13/08/2012
2016
Tampines
COPEN GRAND
$1,432
99 yrs from 31/08/2021
Uncompleted
Tengah
EASTVALE
$1,006
99 yrs from 26/06/1996
1999
Pasir Ris
ECOPOLITAN
$1,235
99 yrs from 04/12/2012
2016
Punggol
ESPARINA RESIDENCES
$1,463
99 yrs from 02/06/2010
2013
Sengkang
FORESTVILLE
$1,088
99 yrs from 06/08/2012
2016
Woodlands
HERON BAY
$1,225
99 yrs from 04/06/2012
2015
Hougang
HUNDRED PALMS RESIDENCES
$1,584
99 yrs from 30/05/2016
2019
Hougang
INZ RESIDENCE
$1,182
99 yrs from 27/11/2015
2019
Choa Chu Kang
LA CASA
$971
99 yrs from 13/09/2004
2008
Woodlands
LAKE LIFE
$1,292
99 yrs from 30/10/2013
2016
Jurong West
LILYDALE
$863
99 yrs from 12/09/2000
2003
Yishun
LUSH ACRES
$1,278
99 yrs from 13/02/2013
2016
Sengkang
NORTH GAIA
$1,294
99 yrs from 15/02/2021
Uncompleted
Yishun
NORTHOAKS
$839
99 yrs from 16/12/1997
2000
Woodlands
NORTHWAVE
No Data
99 yrs from 25/05/2015
2019
Woodlands
NUOVO
$1,128
99 yrs from 02/05/2001
2004
Ang Mo Kio
OLA
No Data
99 yrs from 14/12/2018
Uncompleted
Sengkang
PARC CANBERRA
$1,263
99 yrs from 10/12/2018
Uncompleted
Sembawang
PARC CENTRAL RESIDENCES
No Data
99 yrs from 22/04/2019
Uncompleted
Tampines
PARC GREENWICH
$1,309
99 yrs from 08/06/2020
Uncompleted
Sengkang
PARC LIFE
$1,263
99 yrs from 13/10/2014
2018
Sembawang
PARK GREEN
$970
99 yrs from 17/08/2001
2004
Sengkang
PIERMONT GRAND
$1,351
99 yrs from 04/06/2018
2023
Punggol
PINEVALE
$940
99 yrs from 31/01/1997
1999
Tampines
PRIVE
$1,272
99 yrs from 14/09/2010
2013
Punggol
PROVENCE RESIDENCE
$1,394
99 yrs from 08/01/2020
Uncompleted
Sembawang
RIVERCOVE RESIDENCES
No Data
99 yrs from 05/12/2016
2020
Sengkang
RIVERPARC RESIDENCE
$1,275
99 yrs from 27/12/2010
2014
Punggol
SEA HORIZON
$1,211
99 yrs from 25/02/2013
2016
Pasir Ris
SIGNATURE AT YISHUN
$1,227
99 yrs from 25/08/2014
2017
Yishun
SIMEI GREEN CONDOMINIUM
$972
99 yrs from 14/11/1996
1999
Tampines
SKYPARK RESIDENCES
$1,224
99 yrs from 18/03/2013
2016
Sembawang
SOL ACRES
$1,358
99 yrs from 02/06/2014
2018
Choa Chu Kang
SUMMERDALE
$945
99 yrs from 22/09/1997
2000
Jurong West
TENET
$1,394
99 yrs from 01/11/2021
Uncompleted
Tampines
THE AMORE
$1,234
99 yrs from 30/10/2013
2016
Punggol
THE BROWNSTONE
$1,321
99 yrs from 28/04/2014
2017
Sembawang
THE CANOPY
$1,016
99 yrs from 14/06/2010
2014
Yishun
THE CRITERION
$1,249
99 yrs from 25/08/2014
2018
Yishun
THE DEW
$965
99 yrs from 13/12/2000
2003
Bukit Batok
THE EDEN AT TAMPINES
$1,049
99 yrs from 12/09/2000
2003
Tampines
THE ESPARIS
$1,008
99 yrs from 21/01/2002
2005
Pasir Ris
THE FLORAVALE
$908
99 yrs from 16/12/1997
2000
Jurong West
THE FLORIDA
$1,005
99 yrs from 16/12/1997
2000
Hougang
THE QUINTET
$961
99 yrs from 22/01/2003
2006
Choa Chu Kang
THE RAINFOREST
$1,290
99 yrs from 28/06/2011
2015
Choa Chu Kang
THE RIVERVALE
$1,016
99 yrs from 18/12/1997
2000
Sengkang
THE TAMPINES TRILLIANT
$1,393
99 yrs from 13/07/2011
2015
Tampines
THE TERRACE
$1,279
99 yrs from 30/10/2013
2017
Punggol
THE TOPIARY
$1,255
99 yrs from 03/07/2012
2016
Sengkang
THE VALES
$1,355
99 yrs from 19/05/2014
2017
Sengkang
THE VISIONAIRE
$1,308
99 yrs from 09/01/2015
2018
Sembawang
TREASURE CREST
$1,384
99 yrs from 05/05/2015
2018
Sengkang
TWIN FOUNTAINS
$1,157
99 yrs from 19/12/2012
2016
Woodlands
TWIN WATERFALLS
$1,263
99 yrs from 05/10/2011
2015
Punggol
WANDERVALE
$1,324
99 yrs from 08/12/2014
2018
Choa Chu Kang
WATERBAY
$1,243
99 yrs from 02/07/2012
2016
Punggol
WATERCOLOURS
$1,120
99 yrs from 10/01/2012
2014
Pasir Ris
WATERWOODS
$1,243
99 yrs from 11/03/2013
2015
Punggol
WESTMERE
$1,032
99 yrs from 26/06/1996
1999
Jurong East
WESTWOOD RESIDENCES
$1,211
99 yrs from 14/04/2014
2017
Jurong West
WHITEWATER
$987
99 yrs from 23/07/2002
2005
Pasir Ris
WINDERMERE
$861
99 yrs from 03/03/1997
1999
Choa Chu Kang
WOODSVALE
$850
99 yrs from 22/09/1997
2000
Woodlands
YEW MEI GREEN
$906
99 yrs from 01/12/1997
2000
Choa Chu Kang
Source: URA. Editor's Note: The previous $PSF figures provided were incorrect. We apologise for the inconvenience caused.
A shortlist filtered by price, size or tenure is a useful way to narrow your options, but it won't tell you which property is the best fit for your finances, lifestyle or long-term plans.
That's where the real evaluation begins: comparing the trade-offs between each option to decide which one makes the most sense for your situation.
Over time, that's also why we decided to work with agents who shared the same data-driven and advisory-led approach behind our editorial, consultants who could help readers think through decisions more objectively, rather than simply push transactions.
Today, the team has worked with more than 2,000 clients across over $5B in property transactions.
The Visionaire’s performance will be closely watched, as it has long been the subject of debate. Parc Canberra, The Brownstone, and The Visionaire are all ECs, and they’re all within walking distance of each other. This led to buyers, realtors, and other market watches arguing over whether there’s too much competition, and whether “which comes first” would be a factor. (Let's not forget Provence Residence is another upcoming EC just across the road).
Of the three, the Visionaire is the second to reach MOP (The Brownstone reached MOP in 2022, while Parc Canberra only just reached TOP this year.) It will be interesting to see if The Brownstone ends up with a noticeable first-mover advantage, and how Visionaire performs as the “middle child” of the area.
That aside, Visionaire is also one of the rare ECs that’s close to an MRT station. It’s roughly an 8-minute walk to Canberra MRT (NSL), and this station is next to Canberra Plaza. Canberra Plaza isn’t exactly a full-fledged mall but it comes close; it’s a “new generation” neighbourhood centre. Think of a community centre, but more high-end (there’s an A&W, an air-con food court, and other such amenities besides the usual childcare centre, clinic, library, etc.) This makes things convenient for Visionaire residents, even though they don’t technically have a mall nearby.
Bus 167, from opposite Canberra Drive, also provides fast access to Bukit Canberra for Visionaire residents. This is a sports and community hub, with an 800-seat hawker centre. Canberra seems to be a testing ground for these types of “multipurpose” neighbourhood facilities, where hawker centres, shops, recreational facilities, etc. are all coming under one roof. If it works out, it will be to the benefit of Visionaire, The Brownstone, and Parc Canberra.
2. Sol Acres
Located across the road from Keat Hong LRT, Sol Acres partially makes up for its distance to the MRT station. From here residents can get to Choa Chu Kang station (NSL), which is also next to Lot One. This is the largest heartland mall servicing Choa Chu Kang.
Teck Whye Shopping Centre, an HDB-run retail/food centre, is borderline walkable from here. It’s about 12 minutes on foot, and apart from the coffee shop, we’re told the small grocers here are among the cheapest in Singapore for fresh produce.
The most distinct feature of Sol Acres is likely to be its size. This EC easily counts as a mega-development, with 1,327 units. The condo has a massive land area of over 350,000 sq. ft., with accordingly lavish facilities (there are three swimming pools, and even a music plaza for performances and events.) It’s not common to find ECs of this size; and while a bigger unit count means less privacy, it can also mean lower maintenance fees.
Another point of appeal might be the proximity of ITE West: the institute is directly across the road from Sol Acres, and very convenient for students.
3. The Criterion
The Criterion was the earliest arrival on the resale market for 2023, reaching MOP in February. This EC was marketed on the strength of its views, and as a project for nature lovers.
For those in the know, this is usually a code for “ulu location,” but it’s not really so bad. There’s a bus stop at the nearby Shaughnessy, for example, where service 117 can take you directly to Yishun MRT. In addition, crossing Yishun Street 41 will take you into an HDB enclave, where you can find coffee shops, convenience stores, and the usual heartland amenities. It's certainly not close enough to the nearest MRT station to walk daily (Khatib MRT), so if you need a more convenient connection this may not be right for you.
As a tradeoff for needing a bus connection, The Criterion gives you an excellent view: it’s positioned to take advantage of Lower Seletar Reservoir, so you have both greenery and a waterfront view. The EC even has rooftop dining areas to take advantage of the scenery.
(Mind you, the developer also included balconies to further emphasise the view; but we know some of our readers loathe balconies, so we won’t outright call it a good thing.)
Another unplanned bonus is the proximity of The Wisteria, a mixed-use project with a mall component. There’s an NTUC FairPrice located here, as well as some other eateries and enrichment schools. You can get here on foot quite quickly if you cut underneath the HDB blocks at Acacia Breeze.
If you want to be near a major mall or within a neighbourhood hub though, you should look somewhere else.
4. Treasure Crest
Here, we have another situation similar to Visionaire above. Treasure Crest is between The Vales and Bellewaters, and Ola is also nearby. Treasure Crest comes hot on the heels of Vales and Bellewaters, reaching MOP in 2022. Ola will be the last of the batch to reach MOP, having just been completed this year.
As with Visionaire, it’s always a matter of concern when ECs are packed so close. Unlike fully private condos, their main distinction - a lower price - is meaningless when the neighbours are just as affordable. A buyer’s pick will likely come down to unit layouts, and subjective preferences for the facilities.
Treasure Crest is about a seven-minute walk to Cheng Lim LRT, from where you can get to Sengkang MRT (NEL). Compass One, next to the MRT station, is the largest heartland mall in the immediate area. The surrounding area also has a lot of heartland facilities, from childcare centres to coffee shops (just cross Anchorvale Street into the HDB enclave.)
One potential drawback - which also impacts neighbours like Ola - is the presence of Sengkang General Hospital. Some home buyers may worry about the noise from ambulance sirens, whereas others simply have taboos against it.
We think it can provide a great place to find tenants, if you’re renting out! Hospitals tend to employ quite a lot of foreign staff.
5. Parc Life
Parc Life is almost within walking distance of Sembawang MRT (NSL), and a bit over 10 minutes. You can also take bus 962, close to this condo, to get to Sun Plaza; this is just next to the MRT. So overall, we’d say Parc Life is not as far from MRT access as many ECs.
The main selling point of this EC is in the name: it’s next to a park (Canberra Park to be precise), and the landscaped areas of the condo blend seamlessly into the public park. That’s… okay we guess? We don’t know if the notion of connecting the EC’s park to a public park is exciting to every homeowner. We recall some buyers commenting that the advantage of this isn’t clear. Design-wise, it is innovative though.
We’d say the advantage is actually across the park. The HDB enclave on the other side of Canberra Park has coffee shops, a supermarket, and is a truly great place to chill in the evenings; swing by and you’ll see a lot of people gathering at the fringe of the park, to chat or people-watch.
The nearby Sun Plaza, which has an NTUC FairPrice and a Guardian, can also provide most of the day-to-day amenities for residents. What’s lacking is recreation and more heavy-duty retail, for which you may need to venture out of Sembawang. All in all, this is a pleasant EC in an idyllic spot; if there’s any complaint it’s just that this location can be a bit dull.
For more details on ECs, as well as other private properties, follow us on Stacked. We’ll provide in-depth reviews of new and resale properties alike, to help you make your decision.
A shortlist sorted by one variable is a fast way to narrow your options, but the pick that's cheapest, biggest, or most convenient isn't always the one that fits your situation best.
If you'd like to discuss how this applies to your own circumstances, you can reach out for a one-to-one consultation here.
And if you simply have a question or want to share a thought, feel free to write to us at stories@stackedhomes.com. We read every message.
A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.
2 Comments
Aw yw
Several inaccuracies spotted in this article. I do not think that we can find those $700~800 psf in 2023 as shown in the table. Descriptions also rather misleading – Parc Life is or could be within walking distance to the MRT for most residents as most of the time it does not take more than 10min to walk to the station. Appreciate if you can gather your research properly. Thanks.
2 Comments
Several inaccuracies spotted in this article. I do not think that we can find those $700~800 psf in 2023 as shown in the table. Descriptions also rather misleading – Parc Life is or could be within walking distance to the MRT for most residents as most of the time it does not take more than 10min to walk to the station. Appreciate if you can gather your research properly. Thanks.