Executive Condominiums (ECs) can be considered a hybrid housing model in Singapore. While they are built by private developers, only Singapore Citizens households are eligible for initial ownership.

Hundred Palms is likely the first Executive Condo to breach the $3 million mark ($3,058,888) for a resale, non-penthouse unit, with the Option secured as we write this. This is for a 1,528 sq. ft.

SINGAPORE — 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, according to PLB Research data.

SINGAPORE – 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, according to PLB Research data.