Chart of the Day: Here's why exec condos are not short of buyers
The average take‐up for a new EC project is 65% within the first 2 months of launch.
According to Square Foot Research, the upward revision of the household income ceiling in 2011 and the availability of housing grants make ECs more affordable than they already are.
At the end of June 2012, 7,139 units have been launched since October 2010 and 86% have found buyers.