7 Answers

Dear Sir/Mdm,

A big development has its own pros and cons. It is good for owners because due to the large number of units, there will be volume for sale and purchase and therefore the bank valuation will be able to keep up with the transacted price in a moving market and you will have a better chance to get a higher price. For big development, the maintenance fees is also lower with better facilities and therefore it may appeal more to tenant. However, the downside is also that there will be more competition when it comes to selling or renting because at any point of time, there will be at least a few units that are on the marketing looking for a buyer or tenant. However, there are ways to counter this.

If you are buying a property for investment, there are also other important factors to consider such as the location, future upside potential and comparison of other projects in the surrounding.

Please feel free to contact me so that I can understand your objectives better and value add further to your purchase decision.

Nick Tan
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There will always be competition unless it is the only project that is available. Key to it is how you manage the competition.

Development size may be considered one of the attributes but location is crucial.

You may text 9620 0827  for a casual chat. We can share with you some investment thoughts on property.

Warmest regards

Gavin Read More

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, there are a few factors to it and every projects will have its pros and cons.

Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
Dear sir/madam,

The factors to consider will actually be relatively easy to answer if you were to switch hats to a buyer. Will you be willing to pay for the unit if last transacted was a few years back and there is no comparable transaction based on the current asking price which is say 20-30% higher than the last one, if you have the options of other units similar in size and conditions in a bigger project where there were more comparable transactions already clocked in?

There is no hard and fast rules about the above, but more of a probability consideration where the natural behaviour of buyers will be. Is it easier to convince you to purchase another unit with more past transactions as comparison or convincing you on the price which is significantly higher than last transaction that was done about 2 years back?

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

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Warmest regards,
Geryl Lim
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Robbie Chen Chee Howe

Your statement is not entirely true. There are pros and cons to both big and small developments, and we cannot say that all big developments are the same either. Each will have their own attributes.

Having said that, I will totally avoid small developments that are less than 100 units. This is due to my many years of experience. Such developments may have attractive prices over larger developments, but when it comes to selling them, you will likely face a lot of objections.

To me, a good sized development for investment purpose would be a 300-unit to 800-unit development.

Apart from the development size, it is also important to look at the unit mix as well. I would like to share with you how I determine a good investment property.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

There are various viewpoints on this so it is not necessarily bigger developments are always better or worse. Bigger size developments offer big land sizes, more facilities and more landscaping and sometimes come with its own standalone shops which are welcomed by tenants and buyers. It also means maintenance fees are likely lower as its shared between more households. On the other hand, like you mentioned there is always inherent competition within the development which may be competitive in terms of tenant or buyer demand. But more transactions can also help to bring up the valuation of each unit, like what we are seeing in the current uptrend active resale market.

How I can value-add is to help you analyze the developments you have shortlisted, based on a dollars and cents perspective which is a good balance between monetary objectives and what you like (its hard to have both but its possible to find a balance between the two).

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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1) From an investment point of view, a bigger development has a lower risk in terms of capital appreciation.
2) One or more fire sales of units will not affect the average pricing compare to a smaller development.
3) Although it is more competitive to find tenants and buyers due to more similar units might be available when doing rental or selling.
4) But due to high demand is expected in the near future, this competitive effect will be minimized.
5) If you are aware of the population white paper that was published years ago. We have to meet the 6.9 million population by 2030.
6) Whether you believing it or not, our govt is determined to meet the target. Because this is going to resolve our aging population issue.
7) If you look around the world, other than China is not urgently seeking foreign talent but adjusting their birth policy to encouraging more children from the vast local population than forcing on only giving birth to a single child.
8) The rest of the countries are offering packages to attract foreign talents to resolve their aging population. It is more critical to our little island.
9) The govt has slowed down their GLS after the pandemic outbreak. But before that, every half a year the govt is releasing more govt land for sale to boost the property supply.
10) This is so as to prepare infrastructure for foreigners. As foreigners are not eligible for the HDB flat. This explains why there is still no cooling measure implemented despite PPI increases even when our GDP had gone to negative in 2020.
11) A good size development from my point of view is anything that ranges from 300~1,200 units. This is only a rough guide as we also have to see the facilities available in the project.
12) Facilities are also very important when coming to pick a good development.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK

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