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What is meant by low quantum?
Currently looking at a condo, quoted as low quantum, however psf is abt $500 more than the surrounding condo units. (District 8)
How Gd is such a unit, be it for self stay or rental, or investment?
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5 Answers

Hi, may I know which condo are you referring to?

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

Quantum refers to the absolute price of the property. Low quantum means the property cost a lower price when compared to its nearby developments.

An example would be:
Condo A)
New launch
2BR 650sqft @ $975,000 ($1500psf)

Condo B)
Resale, TOP 2000
2BR 980sqft @ $1,200,000 ($1225psf)

Condo A is lower quantum as you can get a brand new 2BR condo at below $1million when the resale market is at more than 20% higher at $1.2m.

Hope the above clarifies.

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 in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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  • AS
    Thanks for the clarification.
    However, a new launch unit would eventually be considered resale unit in a matter of years.
    Would you be able to advise more on the last question?
    The current new unit is averaging 1750psf compare to the average 1300psf for the neighboring older units.
Dear Sir/Mdm,

A unit which cost $500 psf more than the surrounding developments is definitely NOT a good value buy even if it is low quantum. It will probably make better sense if you purchase one of the surrounding developments instead.

May I know which development is this so that I can advise you further.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

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----------------------------888--------------------------------888--------------------------->>>
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(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

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WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : )
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ” Read More
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