Meet the priciest executive condos for the last 14 years
A S$1.6m penthouse snagged the top spot.
According to Savills 'Market in Minutes' report, while the average price quantum for all new ECs was S$822,000 in Q2/2012, more EC units have breached the S$1 million dollar mark in recent months.
Here's more from Savills:
Since the re-launch of EC developments in Q4/2010, there were 343 caveats of new sales above S$1 million. Of this number, more than half were sealed this year, and close to 100 units of which were transacted in Q2/2012.
These 100 units constitute about 10% of all new EC sales for that quarter, jumping significantly from just ten transactions year-on-year.