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“Buy Now Before Property Prices Rise” 5 Facts You Must Know Before Making A FOMO Property Purchase

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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RAYMOND CHUA
RAYMOND CHUA
2 years ago

Raising average prices in new launch is misleading. Typically, it’s the lowest psf or lower levels unit that sells first, and higher psf/higher level units that sells later. Hence average prices will move up.

Stacked Homes
Admin
2 years ago
Reply to  RAYMOND CHUA

Thanks for sharing this! We’ll look more into this in detail

caseyaff
caseyaff
2 years ago

The world is still very much in turmoil, splashing out on a brand new condo at historical peak prices is just a recipe for disaster (for the gullible buyers, that is).

Stacked Homes
Admin
2 years ago
Reply to  caseyaff

Thanks for sharing your thoughts!

Straight Talk
Straight Talk
2 years ago

Given the number of new Condo launches + the number of units being built, it appears there will be an *oversupply* situation in the near future. I have lived in SG for less than 3 years, so I may be wrong. Thoughts?

Stacked Homes
Admin
2 years ago
Reply to  Straight Talk

Really hard to say because the demand side can’t be predicted as easily. Look at what is happening now. 1-2 years ago, no one would’ve imagined the market being so hot, let alone during a pandemic.

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