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Why are condos so expensive nowadays.How to own one that is of a decent living condition for a budget of $450k.At least ard 900 sq ft.?
After all the property rules tightening,prices still remain high.
Worst still, even EC prices are not cheap either as compared to those days where $450k give U a 2 br or only cost $330k for 895sq ft in Mayspring.Any hope to live in condo with this budget for a family of 4 for stay in?Any chance of recession and financial crisis again to see those prices again?
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2 Answers

J.A. Goh 吴永益
Hi Mr. Chin,

When a country is improving and getting better in terms of economy and living standards, how can we compared to the past? In the past, everything is so cheap. During my days in Primary school, 5 cents or 10 cents can get me a nice hot bowl of soup noodle. Nowadays, as parents we have to give our children $1 for their recess. A bowl of noodle cost 50 cents now compared to 5 cents in the past. It is 10 times more.

So likewise, property is the same, it will be getting ore expensive in the future.

With a budget of $450K, can get a studio unit in a condo. Really not possible to get a 2-BRs unit anymore.

Please feel free to drop me an email or call me directly for further discussion.

Thank you & Best Regards
J.A.Goh
ERA Marketing Director
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me.

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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