What is the price trend of 3-bedroom condominiums compared to 3-bedroom executive condominiums in Punggol?

In Punggol, 3-bedroom condominiums have generally transacted at higher absolute prices and on a per square foot basis compared to 3-bedroom executive condominiums over recent years. For example, resale transactions for 3-bedroom condos such as Twin Waterfalls, The Terrace, The Amore, and Waterbay have ranged approximately from 1.53 million to 1.73 million for recent sales.

For 3-bedroom executive condominiums (ECs) like The Terrace and Prive, the latest transaction prices in 2025 show average per square foot prices between 1,288 and 1,551 for The Terrace and 1,073 to 1,648 for Prive. Piermont Grand, a newer EC, has seen average prices at about 1,548 per square foot.

Trend observations:
- 3-bedroom private condo prices in Punggol have continued to appreciate and hold a premium over executive condominiums, both in terms of PSF and quantum, due to factors such as tenure (typically freehold/99-year vs only 99-year for ECs), facilities, and fewer occupancy restrictions.
- 3-bedroom ECs continue to be more affordable and have also shown significant price growth, narrowing the gap with private condos especially for newer projects.
- The latest trends indicate that while the price gap remains, the difference is less pronounced for new or recently privatised ECs, which may command higher prices as they become fully privatised and eligible for a wider pool of buyers.

In summary, 3-bedroom condos in Punggol command higher prices than 3-bedroom ECs, but both segments have shown healthy price growth in recent years.