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I was looking at condo prices in Bedok Reservoir Rd, ie The Clearwater, Aquarius By the Park, Waterfront Gold/Key.

When these condos had their TOP, versus the prices today (2018) there has only been a slight change of maybe (10k-100k). To average out the property prices have remained roughly the same.

My question is, Why haven't these condos risen in prices (even though property prices in other areas have risen 2-3x over the last 10-15 years). This area has a downtown line mrt connection, yet the condos haven't risen in prices.

Thank in advance
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4 Answers

Hi,

There are various factors in my opinion, perhaps we could discuss further over phone? May I know your plans are to?
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.

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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead. By the way, there are a few factors affecting it and also there are quite a few condo surrounding each other.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Prices increase due to high demand and low supply, therefore if the prices are relatively stagnant, it can point that the demand is not as high as expected, versus the supply of resale units available, where it can potentially erode the profit margin.

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