The CCR accounted for 15.9% while the RCR and OCR made up 44.4% and 39.7%
The respective top-selling projects in the CCR is Cuscaden Reserve, followed by Pinetree Hill in the RCR and Hillhaven and Sceneca Residence in the OCR
ECs was a hot topic recently due to their large gains upon fulfilling the MOP, sparking discussions on whether there should be policy change to curb gains
Huttons do not see the need for any change in policy
For ECs that fulfilled the MOP in 2023 and 2024, their gains range from as low as $77,000 to as high as $1.05 million
The larger gains were confined to a small proportion of transactions and are not representative
The gains from selling an EC upon MOP are likely due to the loosening of eligibility conditions
There is no income ceiling for buyers of a resale EC and PRs/foreigners are eligible to buy after the 5th/10th year
With a wider pool of demand, prices will see a lift
