4 Answers

Hi,

I had written something regarding market trends over here. Due to the limitation of this portal, I can only provide words rather than graphs and more detailed info to support my view.

I will try my best to provide some facts and figures for your understanding and consideration.

I have made use of the big data provided by URA and some paid portal to do an analysis of property trends.

1) Using those property TOP in 2014 as new launch vs resale property TOP before 2014. (Whole Island)
Growth rate of new launch is 21.62% (2013 till 2020)
Growth rate of resale is -5.24% (2013 till 2020)
Using 2013 as the demarcation point is because this is the year where TDSR was implemented which is the major cooling measure that halts almost all short-term speculation.

2) To understand a more recent situation, using 5 years to understand the trend:
Growth rate of new launch is 28.96% (2015 till 2020)
Growth rate of resale is 3.05% (2015 till 2020)
This line graph actually provides more meaningful data as the property market starts to flow in people who are mainly bought for their own stay rather than just speculation.

This already can see that new launch although more expensive than resale, the potential of receiving capital appreciation is better than resale.

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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Dear Sir/Mdm,

If you are looking at capital appreciation, generally new launch will outperform the resale condo market. However, not every new launch will make money as you will need to consider important factors such as future potential of the area and whether there will be strong demand a few years down the road.

I have been advising my clients based on a fixed set of criteria and one of my clients have exited an investment property recently with a tidy amount of profits. Please feel free to contact me so that I can understand your situation better and provide you with further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

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“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
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Mr and Mrs Chan (Sold and Bought a property through Nick)

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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More
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Good afternoon!

Generally new condos outperform resale condos. If you buy during launch and intend to sell upon TOP, usually you will already see a good profit.

However of course not all new condos do well. It depends on a range of factors and that is where I can advise you based on all my analysis and research done into the projects. I have advised many clients not to buy certain projects as I know it will not be profitable, and so far I have been correct 100%.

Do contact and I will be more than happy to guide you. Have a good day!

Bhavina Kaur
ERA Realty
 +65 91708295 
Whatsapp me @ wa.me/6591708295 Read More
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