Is a 883 sqft unit at Inz Residence a good buy compared to other resale executive condominiums, and what is the tentative projected price 5 years later when it is privatized?

An 883 sqft unit at INZ Residence is competitively positioned among resale executive condominiums (ECs) due to its relatively new age, modern features, and recent price trends. INZ Residence recently achieved transactions averaging around S$1,423 to S$1,533 per square foot for similar unit sizes, with good amenities and proximity to public transportation. The Minimum Occupation Period (MOP) was completed in 2024, offering buyers immediate eligibility for resale and rental opportunities.

Compared to other resale ECs in similar locations and with similar attributes, INZ Residence is considered a good buy if you secure a unit at prices within or below the current range, given its smart home features and adjacency to future developments like Tengah New Town, which may further boost the area's appeal.

Looking ahead, when INZ Residence reaches full privatization in 5 years (around 2030), unit prices will depend on macroeconomic conditions, surrounding resale condominiums’ growth, and EC market sentiment at that time. Historically, ECs can experience a price uplift of approximately 10% to 20% after hitting their 10-year mark and becoming fully privatized, though this is influenced by overall market dynamics, supply of comparable private properties, and the state of the economy. This would suggest that a current price around S$1,500 psf could reasonably increase to a range of S$1,650 to S$1,800 psf in 2030 barring major economic downturns or oversupply, but actual appreciation will depend on prevailing market conditions.

For more detailed transaction data and comparative analysis with other ECs, you may visit EdgeProp Singapore.