5 Answers

Hi, yes of course. Generally property will appreciate 10 to 15% the moment the project gets TOP.

Regards
Aaron
 9730 8455 
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Hi,

Typically that's the case, as evident from various projects that obtained TOP in the last 2-3 years. Ultimately it also depends on location, unit attributes and offering as well as the surrounding amenities and infrastructure (such as good schools, upcoming MRT etc). May I know which projects are you comparing? Thanks and hope to value-add to your plans further.

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Ivan Ng ERA ASAP
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Hi Sir/Mdm,

1. It depends on the economical cycle as well. One reason new projects appear to appreciate more than resale ones is because from the day of booking to the day when it is TOP, there is a 2 to 3 years gap and prices generally increase due to inflation.

2. New projects are selling at a higher PSF price and therefore will also boost the price of surrounding resale projects once they are ready for sale.

3. Ultimately, the potential of a project depends on the location and the future development potential of the area. Currently, there is an oversupply of condos in the next few years and it is importantly to select a project wisely.

Please feel free to contact me so that I can understand your needs better and provide you with further assistance.

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Nick Tan
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YT Tan (陈永达)
Good evening buyer,

Yes usually new launches have a better chance of appreciation compared to resale units but it's still boils down to location, location and location.

If the resale unit is in a location with good public transport, amenities than a new launch in a remote location then this might not be entirely true.

May I know your intention is immediate rental returns or long term capital appreciation? Usually I will advise my clients to hold on to their property for at least 5 years to see the better returns.

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
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Dear sir/madam,

The fundamentals of price appreciation or depreciation does not lie in whether is it a brand new project or resale project. It boils down to the demand versus the supply of the project. Therefore, with this in mind, you will then be able to make a better decision when it comes to purchasing given the tenure of project, the immediate amenities in the vicinity, the ongoing or future developments of the vicinity and estate and etc.

Of the projects that is available in the market, how many of them have actually sold out? What could be the reason for these projects to sell out against those which still have balanced units?

Armed with solid information for the above, I am sure you can be well prepared to make your next move.

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