In Singapore, executive condos are located outside town centres and suburban areas. This means that you are less likely to find them in prime areas. This is because Singapore is an island nation with a total land area of 733.1 square kilometres. As a result, these properties are cheaper than private property.
Executive Condominiums are often smaller in size than private condos, and have more rules for living in them than a typical private condominium. They also tend to be further away from business districts and MRT stations. JCube Condo In addition, many of these homes are situated in the suburbs, far from the amenities of the city centre.
An EC can be a very affordable place to live. The government subsidizes ECs, which means that they’re equal to private properties for much less money. Once the MOP expires, though, they’ll become private residential condominiums. After 10 years, executive condominiums …