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

  • August 4, 2021
  • 8 min read
Join our Telegram group for instant notifications
Join Now

Ryan J

Ryan is an old school print journalist gone digital. He's lived in almost every type of housing in Singapore, from flats to landed homes. Over the past 18 years, he's been a content developer for companies large and small, a co-founder in an education business, and sometimes a voice on the radio. He also spends too much time and money on painting little plastic soldiers.

avatar
RAYMOND CHUA
RAYMOND CHUA

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
Stacked Homes

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

caseyaff
caseyaff

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
Stacked Homes

Thanks for sharing your thoughts!

Straight Talk
Straight Talk

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
Stacked Homes

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.

Latest Posts

riviere new launch TOP
Property Picks 9 New Launch Condos That Will TOP In 2022 For Those Urgent To Move-In
September 18, 2021
waterfront isle view
Property Stories A First-Time Homebuyer’s Journey: My Search For Waterfront Views + Review Of Waterfront Isle
September 17, 2021
ola ec 3 bedroom premium living
Advice Is There Still Potential For Kingsford Waterbay As The Land Opposite Will Be An Industrial Zone? (And More On OLA)
September 17, 2021
curated picks
Units Of The Week Units Of The Week Issue #80
September 16, 2021
nanyang primary school
Property Picks Here Are The Cheapest Condos Within 1 KM To A Top-10 Primary School
September 14, 2021
sky habitat
Analysis New Launches That Dropped Prices in 2013/14: How Are They Faring Now?
September 13, 2021
one canberra yishun
Property Stories A First-Time Homebuyer’s Journey: My Review Of 1 Canberra EC + The Wider Canberra/Yishun area
September 12, 2021
dairy farm residences 3 bedroom living
Buying 10 Useful Tips First-Time Homebuyers Should Know Before Buying In 2021
September 11, 2021
home school distance
Buying Is Your New Launch Within A Popular Primary School Now? 122 New Projects Updated With The New Home-School Distance Changes
September 10, 2021
hdb estate
Advice How Do I Choose The Right BTO At Bidadari?
September 10, 2021
ura master plan transformation
Investment 6 Major Upcoming Changes You Need To Know In The URA Master Plan
September 9, 2021
multiple agents
Selling 7 Reasons Why Engaging Multiple Property Agents To Sell Your Home Is No Longer Helpful
September 8, 2021
curated picks
Units Of The Week Units Of The Week Issue #79
September 8, 2021
the reef at king's dock 2 bedroom living room
Analysis Are 2 Bedroom Units A Good Investment? Analysing 3,383 Transactions From 2011
September 7, 2021
mount faber
Property Picks 16 Condos Near A Nature Reserve Or Park That Will Help Boost Your Mental Health
September 5, 2021
direct seller
Selling 4 Common But Surprisingly Complicated Seller Situations: How Would You Deal With It?
September 4, 2021