The market today is very different from 2-3 years ago. With the property market at the beginning of a new up-cycle, we are now seeing Sellers shifting their targets higher. In this market where prices are expected to go higher from here, it will be more difficult to come across an under-valued property.
As for how much the first owners paid for the property, I can show you the data. However, this data carries little, as it does not mean that if they bought at low prices, they must sell to the next buyer at low prices too. Market does not work in such a way. Property price is always forward looking, and it will be tough ask to purchase at yesteryear's price.
If you're looking at only Tiong Bahru, and want capital protection, you can consider Regency Suites, which is Freehold. However, as it's Freehold, you are paying a premium for it. And not all people can accept paying this premium to purchase a Freehold, hence leasehold properties are still popular as ever.
Eventually, it depends on what you're looking at. Are you looking to purchase for own stay or for investment purpose? By asking yourself this question, you will be much more clearer on which development is the most suitable for you and your family.
Should you need any 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 and your partner in the current market.