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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, if your budget allow, it is advisable to go for a private property.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Dear Sir/Mdm,

I would advise you to study the price trend of the particular project and also the surrounding projects around the area in order to have a better idea. For resale EC, it is more value for money because of the lower PSF price but the upside is usually capped as what we can see from the past resale ECs.

Please feel free to contact me so that I can understand your needs and objectives better before I can assist you further.

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
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Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

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.

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

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.

2) Did the same for EC for comparison:
Growth rate of new EC launch is 34.94% (2013 till 2020)
Growth rate of resale EC is 29.86% (2013 till 2020)

5 years trend:
Growth rate of new EC launch is 28.12% (2015 till 2020)
Growth rate of resale EC is 24.37% (2015 till 2020)

3) From the above statistics, it is obvious EC is seeing better growth than private.

4) If we look closely into location, we can only use OCR, 99 LH data for comparison.

Growth rate of Pte resale is -9.03% (2013 till 2020)
Growth rate of EC resale is 29.86% (2013 till 2020)

Having seen the above seems like EC resale is a better choice. But if use new launch in OCR 2013 ~ 2020
The growth rate of Pte new launch is 31.23% (2013 till 2020)

It is obvious that the private new launch has a much better advantage compared to EC. Since ECs are partly governed by gov, and usually the connectivity of EC also not in the best location.
Compare to such disadvantages, Pte new launch has less restriction in terms of buyer's profile and there are some in a better location.

5) By using this data is not completely accurate info for every type. This is mainly served as a guide from a bird-eye view.
It is only when really scrutinized into the actual condo/EC you are looking into to have better figure analysis.

6) There are also non-monetary factors that affect the number; the financial situation of seller and buyer, interior condition, and other emotional factors found in each unit.

7) This is also what was we always say, each house is unique by itself. You might be able to find the same layout and size but you have different views on different levels.

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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Hi Do contact me at 97970200  to discuss more

Mark, your RIGHT choice
Propnex Read More

Hi Sir/Madam

I will be glad to assist
Appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Dear sir/madam,

In reality, it is difficult to have a apple to apple comparison like your description but in such an incident, I have to say that the entry price of these 2 projects will be the deciding factor between which has better growth potential. A resale EC of 6 years old is already considered a semi privatised project, where it will become fully privatised by the time it turns 10 years old.

Assuming that everything within the 2 developments are the same, down to the maintenance fees, the project with a lower entry price has to give you the better upside potential isn't it?

This is definitely not practical case study to talk about as no 2 projects are the same, where 1 can be by the main road while the other is deeper in, or the state of maintenance of by the managing agent can be different too.

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
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Hi,

There is no hard and fast answer to your question. Ultimately, to calculate P&L, you will have to look into your purchase price and then your sale price.

Case study:
Buyer 1 buys resale EC unit A
Buyer 2 buys resale same EC, unit B
Buyer 3 buys resale Condo Unit A
Buyer 4 buys resale same Condo, unit B

Buyer 1 may make more profits than Buyer 3. But that does not mean Buyer 2 will make more profits than Buyer 4. It also does not mean that a Buyer buying a resale EC will definitely make more money than a Buyer who buys a resale condo. Because if that's the case, everybody will buy the resale EC, and the resale condos owners will not be able to sell off any of their units.

Rather than focusing on which condo to purchase in general, it is more important to focus on the price that you purchase for the exact unit, and the price that you will eventually sell the unit for.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require 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

That is hard to say. High returns come with high risks.

Feel free to contact me to discuss further.

Regards,
Teck Chuan
BBA (Finance), NUS
Marketing Director
ERA Realty Network Pte Ltd
Mobile: 91374602  Read More

Hi

I am glad to assist. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More