Ohmyhome Blog Everyone's Talking About Executive Condos - Here's Why You Should Be Too

In Singapore, buying a condo isn't just a milestone - it's a major financial move. But with prices surging across new launches, resale units, and executive condos, the real question in 2025 is: which one makes the most sense for your money? We crunched the numbers and tracked the profits, and what we found might surprise you - especially if you've overlooked executive condos (ECs).Table of ContentNew Condo Launch vs Resale Condo: What's the Difference?Why Executive Condos (ECs) Are Gaining GroundWhich Condos Have Actually Grown in Value?New Launch vs Resale vs EC: How Much Can You Afford?New Launch Condo: The OrieResale Condo: Eastpoint GreenEC: Aurelle of TampinesWhich Condo Type Makes the Most Sense in 2025?Strategies for HomeownersReady to Buy a Condo?Related ArticlesNew Condo Launch vs Resale Condo: What's the Difference?New condo launches these days are priced from $2,200 to over $3,000 per square foot (PSF). Prime areas like Orchard or Newton can even cross $3,100 PSF.In comparison, resale condos are much more affordable - about $2,186 PSF in the same core central region, and even cheaper further out.That means you could be paying up to 54% more just for a new unit - often with a smaller layout. You're paying for brand-new facilities, a modern design, and sometimes a more prime location. But the higher cost means higher upfront cash too.Why Executive Condos (ECs) Are Gaining GroundNow, ECs used to be a more affordable alternative to a new launch and resale condo. However, prices are shifting fast. Today, some ECs are selling for over $3 million. For example, a unit at Hundred Palms Residences was sold for $3.058M ($2,001 PSF).Still, ECs are often launched at a lower price. For example, The Visionaire was launched at $811 PSF and later resold at $1,300 PSF. That's a 60% price jump.These days, EC sellers make an average of ~$314,000 in profit - with bigger units crossing $470,000. If you're looking for value and future upside, executive condos in Singapore are definitely worth a look.Which Condos Have Actually Grown in Value? While location often takes the spotlight, it isn't the only factor that drives property value. Other key elements that contribute to long-term value include:Connectivity: MRT, malls, and schoolsFacilities: Pools, gyms, BBQ pits, tennis courts - and increasingly, wellness spaces and smart home techCommunity & Design: Iconic architecture, landscaping, and family-friendly layouts make a differenceRead More: PSF Doesn't Tell You Enough - Here's What Else You Can Focus OnHere's a closer look at how appreciation varies across these projectsProjectLocation (District, Region)Launch $PSFResale $PSFGrowthWhy It MattersThe InterlaceBukit Merah (D4, RCR)~$850~$1,200~41%Iconic architecture, massive land area, lush landscaping, near Labrador Park and VivoCity.Parc BotanniaSengkang (D28, OCR)~$1,270~$1,450~14%Close to Seletar Mall, but smaller unit sizes and limited project land compared to peers.High Park ResidencesFernvale (D28, OCR)~$988~$1,300~32%Near Seletar Mall and LRT, known for having over 100 facilities including 3 pools, tennis courts, boxing ring.The Visionaire (EC)Canberra (D27, OCR)~$811~$1,300~60%First smart EC, opposite Canberra MRT and Canberra Plaza; near Bukit Canberra sports hub.New Launch vs Resale vs EC: How Much Can You Afford?In 2023, median profits for those who sold their private homes within 5 years hit $247,000. Here's how far that gets you in 2025.New Launch Condo: The OriePurchase Price: $2,299,000Based on an 850 sq ft unit at an average price of $2,704 PSF. 25% Downpayment: $574,7505% Cash: $114,95020% CPF/Cash: $459,800 Buyer's Stamp Duty (BSD): Approx. $86,650Legal + Renovation Buffer: Approx. $20,000-$40,000 Total Upfront Costs: Approx. $681,400-$701,400 The $247,000 profit would cover about 36% of the total upfront costs. Resale Condo: Eastpoint GreenPurchase Price: $1,318,88825% Downpayment: $329,7225% Cash: $65,94420% CPF/Cash: $263,778Buyer's Stamp Duty (BSD): Approx. $37,300Legal + Renovation Buffer: Approx. $20,000-$30,000Total Upfront Costs: Approx. $387,000-$397,000 The $247,000 profit would cover about 64% of the total upfront costs. EC: Aurelle of TampinesPurchase Price: $1,417,000Based on a 3-bedroom unit at an indicative price of $1,687 PSF.25% Downpayment: $354,2505% Cash: $70,85020% CPF/Cash: $283,400Buyer's Stamp Duty (BSD): Approx. $40,000Legal + Renovation Buffer: Approx. $10,000-$25,000Total Upfront Costs: Approx. $405,530-$420,530The $247,000 profit would cover about 61% of the total upfront costs. Which Condo Type Makes the Most Sense in 2025?With rising prices across all segments, choosing between a new launch, resale condo, or executive condo (EC) isn't just about preference - it's about strategy. Each option has its pros and cons, and the right one for you depends on your budget, timeline, and long-term goals.New launches may have long-term gains, but the cost is steep.Resale condos offer value for money, especially if space and timelines matter.ECs are the sweet spot: accessible price, good appreciation potential, and full condo benefits after 10 years.Strategies for HomeownersConsider Your Priorities: If modern amenities and a prime location are top of your list, a new launch condo in the Singapore property market may be worth the premium. If value is your primary concern, resale condos could be the better choice.Leverage Market Conditions: If you own an HDB flat, now might be the right time to sell, given the rise in prices. When upgrading, consider the overall costs, including stamp duties, renovations, and mortgage options.Know the Data: Stay up to date on current property data to make a well-informed decision. Property reports and expert advice are invaluable when considering buying or selling in the Singapore property market.Ready to Buy a Condo?Whether you're a first-time upgrader or seasoned investor, the key isn't just watching the market - it's understanding what makes sense for your budget, your goals, and your lifestyle.Let our property agents find you the best new launch projects and resale condo listings for you to choose from! Drop us a message on WhatsApp or schedule a meeting with our Super Agents to get started.Related ArticlesThis article is part of Ohmyhome's Singapore Condo guide series, written to help you make informed decisions. Explore more insights on topics like:Guide to Buying a Condo in SingaporeYour Guide to Singapore's Condo Price HotspotsThe Ultimate Singapore District Map: CCR, RCR, RCR ExplainedMonthly Condo Maintenance Fees: What to Expect in 2025?Contributed by: Noah Vienne