After the Minimum Occupancy Period (MOP) of their Executive Condominium (EC), EC owners have several options for their property. One option is to do nothing and continue staying there. Another option is to sell the property and upgrade, especially if property prices have gone up since they bought it, and realise a profit.
You should consider your financial goals, personal circumstances, and the current real estate market when deciding what to do with your EC after MOP.
EC owners looking to upgrade their homes might be feeling the heat from the current interest rate and are fearful to do so. But what are some opportunities that you might miss out on in the current property market?
Watch this video to find out more.