Northwave and Westwood Residences are both executive condominiums (ECs) located in the northern and western regions of Singapore, respectively. Northwave, located in Woodlands and completed in early 2019, was launched in July 2016 with initial prices starting from the mid $400,000s range. Since its completion, transacted prices for Northwave have generally shown resilience, in line with the overall growth in EC values as the project matured and owners were able to sell on the open market after the minimum occupation period.
Westwood Residences, located in Jurong West, was also launched in 2015 and completed in a similar timeframe. Initial launch prices for Westwood Residences were broadly comparable to Northwave, with starting prices also in the $400,000 to $500,000 range for smaller units. Over recent years, resale prices for Westwood Residences have also appreciated, reflecting increased demand for ECs in the west and general price growth in the EC segment.
Comparing recent price trends, both Northwave and Westwood Residences have experienced price appreciation since launch. The pace of appreciation for both tends to align with local market dynamics and demand for resale ECs. Typically, units in either project are transacting above their respective launch prices, with more pronounced price gains observed after each project has achieved its minimum occupation period. Current average transacted prices are higher than when these ECs first launched, highlighting the strong performance of Singapore's EC market over this period.
If you would like specific recent transaction data or a detailed charted comparison for either EC, you can find the latest resale trends and historical price movements on EdgeProp Singapore’s property research tools.
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