Has anyone made a profit from buying resale ECs?

Most sellers of resale Executive Condominiums (ECs) in Singapore have made significant profits. Data shows that the majority of resale EC transactions generate profits in the range of 200,000 to 500,000 dollars, while a growing number of resale deals have achieved profits above 500,000 or even 1 million dollars, especially in well-located projects. In 2024 alone, there were 38 EC transactions where sellers made at least 1 million dollars in gross profit, which is more than double the number seen the previous year.

Losses are relatively rare for EC resales, with only a small number of transactions resulting in negative returns. Most owners choose to sell within one to two years after their Minimum Occupation Period (MOP) to capitalize on early capital appreciation, while some ECs that reach full privatisation at the ten-year mark can also offer substantial capital gains. Top-performing projects like Bishan Loft and Hundred Palms Residences have recorded exceptionally high profit margins, sometimes yielding returns well above 280 percent.

In summary, buying and selling a resale EC has proven to be a profitable move for most owners, particularly those who sell shortly after MOP in high-demand locations, although individual results vary based on factors like entry price, market timing, and project location.