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With the land sites sold at record low prices last year for EC developments, will the selling prices be lower when they are launched for sales this year? I am hoping to purchase a 1000sqft unit at 690k.
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4 Answers

Hi,

Does the resale levy for 2nd timer apply to you? You may need to factor that as well as most land sites for EC just sold have resale levy applicable.

Developers do have some holding power so it may be a long-drawn wait. Are your plans able to wait that out? You may want to consider Signature @ Yishun with units selling around 700-750psf, its a very well conceptualized EC with affordable entry prices, at a growth region.

Thanks and hope to value-add further to your EC plans.

Warm Regards,
Ivan Ng ERA ASAP
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Dear buyer,

Simplest way to manage this will be to log in your interest with me and once any update of information for pricing is released, I will update you at the soonest possible timing.

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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Professional

It pointless to hold this thought that the new launch will drop prices to your expectation. You buy when you keen in specific project that all.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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Developers who buy lands take a certain amount of risk.

If they manage to buy at a good (low) price, it does not translate to selling cheaper.

Just like you manage to buy a condo at the low, when market goes up, would you sell at Market price ? or sell Cheaper (becos you bought cheap)?

Hence there is no telling is the launch price will be 'low'.

regards

Steven Wang
DTZ Read More
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