Buyers steer clear of ECs on back of elevated prices

Recent launches haven't sold well.

High prices and a supply glut are keeping buyers away from recent EC launches, a report by DBS revealed.

According to DBS, four out of five EC projects launched from December to January have only managed a sell-through rate of 26% as of April 2015.

"We believe that apart from competition, given the close proximity for some of these projects, a key issue is price. Prices for ECs have been nipping at the heels of private condominiums in the Outside Central Region (OCR)," said the report.

DBS analysts noted that ECs were typically priced at a discount of around 22% to private condominiums in the OCR in 2011, but the price differential closed to just 11% in 2014,.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia