Resale executive condo prices hike along home price spikes: analyst

Median prices surged 76.8%.

According to Jones Lang LaSalle, being privatized and free of restrictions, resale EC prices appreciate in line with those of similar private residential properties.

Between 1Q2009 (when the EC market bottomed after the global financial crisis) and 1Q2013, median prices of resale ECs surged 76.8% from $440 psf to $778 psf.

Here's more from Jones Lang LaSalle:

This even surpassed the 72.6% increase in median prices for resale non-landed 99 year leasehold private homes outside central region for the same period.

The table below provides examples of ECs and private condominiums, comparing their recent price appreciations.

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