Condo craze: 10,430 EC units up for grabs

Now that’s definitely a LOT to choose from, isn’t it?

According to Urban Redevelopment Authority, the total stock of completed Executive Condominium units remained unchanged at 10,430 units as at the end of 3rd Quarter 2011. In addition, there were 5,332 EC units in the pipeline. Another 1,115 EC units could come from the EC sites that have been released for sale via the 2nd Half 2011 GLS Programme.

A total of 1,680 uncompleted EC units were launched for sale by developers in 3rd Quarter 2011, compared with 315 units in 2nd Quarter 2011. At the same time, 1,274 uncompleted EC units were sold by developers in 3rd Quarter 2011, compared with 569 units in 2nd Quarter 2011.

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