Staff Reporter
,
Singapore
Stock photo. Credits to Unsplash.
At least 1,600 sqft yielding an average gross profit of S$455,207 each.
This chart from OrangeTee shows the number of executive condominiums (ECs) sold at a profit and how the bigger the ECs are the higher the profits.
ALSO READ: 99.9% of ECs sold made a gross profit averaging around $300k
The chart shows at least 1,600 sqft yielding an average gross profit of $455,207 each. The chart also shows that ECs with sizes between 800 sqft 1,200 sqft. Average gross profits from this size is around $268,493.
ECs that are less than 500 sqft were resold for an average $147,500.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!