Analysis

Analysing Unprofitable Freehold Condos: 4 Reasons Why Starlight Suites Has Performed Poorly

In July 2023, Starlight Suites set a record-low price since the condo was launched for sale in 2010 – $1,359 psf for a 1,163 sq. ft. unit. It’s not something you’d expect for a freehold luxury development in walking distance…

• 17 Aug 2023
• 2 min read
• 0

45 New Profitable Condos Since 2017: 6 Key Things You Can Learn From The Numbers

As we reach the end of Q3 2023, more homes are finally being finished, and new cooling measures are starting to bite. This will no doubt have an effect on sales eventually, but for now, it seems as if those…

• 14 Aug 2023
• 2 min read
• 0

How Much Have New Launch Condo Prices Risen (Or Fallen) In 2023: We Track 74 New Condos

The appeal of buying early is usually the “early bird discount” granted by a developer. In theory, once prices “normalise” in subsequent sales phases, you would then make a quick return on your property already. Unfortunately, due to competition from…

• 2 Aug 2023
• 7 min read
• 0

Living Near A Popular Primary School: The Data On HDB Prices Within 1KM May Surprise You

When it comes to property, the proximity to popular schools is often touted as a significant factor that can influence prices. Most people believe that there’s a premium attached to properties located within the catchment area of esteemed schools, attributing…

• 1 Aug 2023
• 6 min read
• 0

Top Vs Ground Floor Condo Units: A Look At 6,402 Transactions To See Which Is More Profitable

As condo living becomes increasingly ubiquitous (particularly with the emergence of PPVC buildings leading to standardised layouts) discerning buyers might be on the hunt for unique living experiences. Typically, this can be found on the extreme ends of a condominium…

• 13 Jul 2023
• 5 min read
• 0

How We Ended Up Buying 2 Units At Reserve Residences: A Buyer’s Case Study

Our first interaction with J unfolded more as a casual inquiry rather than a formal consultation. J, already immersed in discussions with another property agent, approached us on 17th January 2021. He sought an alternate viewpoint and additional insights on two projects: Pasir Ris 8 and The Ryse Residences.

• 29 Jun 2023
• 10 min read
• 1

The Allure Of Integrated Developments: Are They Worth The Price Premium?

Singaporeans love convenience. And nothing shows this better than the sales trend of new launch integrated developments, which have been flying off the shelves: Integrated Development % Sales at launch The Reserve Residences 71% Lentor Modern 84% Canninghill Piers 77%…

• 13 Jun 2023
• 7 min read
• 0

Uncovering 10 Startling Loss-Making Condos Of 2022/23: What Valuable Lessons Can We Learn?

Whether you’re checking the background of a property, or looking for a potentially undervalued unit, it helps to know the losers as well as the winners. It’s unusual indeed for projects to see substantial losses in a bull market like…

• 29 May 2023
• 7 min read
• 0

Is The CCR Really Undervalued Right Now? Here’s What The Price Gap Between The CCR And RCR/OCR Look Like

One of the recent questions we’ve been asked pertains to Core Central Region (CCR) condos. A trending sales pitch is to claim prices in the Outside of Central Region (OCR) and the Rest of Central Region (RCR) are not too…

• 17 May 2023
• 5 min read
• 0

5 Condos With Disappointing Early Sales That Became Profitable Later (Some Had To Discount)

If you are visiting a hawker centre for the first time, how do you decide which chicken rice stall to go for? Is it the photos displayed? How the chicken looks as it is hung up? While that may play…

• 4 May 2023
• 6 min read
• 0

Can New ECs Actually Lose Money? 4 Lessons Learned From 1,094 Unprofitable Transactions 

While most property stories in Singapore are success stories, it’s important to know the flip side as well. So you may be surprised to know that even “sure-fire” investments like new Executive Condominiums can sometimes transact at a loss. But…

• 20 Apr 2023
• 4 min read
• 0

2B2B Vs 2B1B New Launch Condo Units: Which Is A Better Investment?

When it comes to a 2-bedder condo layout for investment, there is one vital question: one bathroom or two? Conventional “property wisdom” holds that two bathrooms are always the preferable choice; and like a high ceiling or sea view, it’s…

• 22 Feb 2023
• 5 min read
• 2

New Launch Condo Profits Since 2017: A Look At How Over 1,000 Sub Sale Sellers Have Fared

With the housing supply still at an all-time low, some buyers are eager to snap up any units that are closer to completion – even if the seller foists Sellers Stamp Duty (SSD) costs onto them. As we saw last…

• 3 Feb 2023
• 7 min read
• 0

Sell Your HDB Today, Get $0: How Negative Cash Sales Can Still Be Found In Today’s Property Market

This is a question that has come to the forefront of late. For those looking to upgrade to a condo, there are two counterbalancing factors: higher resale flat prices seem to lower the risk of negative cash sales; but at…

• 24 Jan 2023
• 7 min read
• 0

Just 5% Of All Property Transactions In 2022 Were Unprofitable: Here’s 5 Interesting Learning Lessons

2022 was one of the hottest years on record for the property market. Housing supply was (and still is) at a critically low point, and prices rose across all segments despite cooling measures. It would seem as though sellers couldn’t…

• 9 Jan 2023
• 8 min read
• 0

The Trivelis DBSS Vs Clementi Ridges Issue 10 Years On: Did Trivelis Owners Really Lose Out?

Several years ago, the DBSS project Trivelis made the news, but not in a good way. Besides some quality complaints, the biggest issue was due to their newer neighbour next door. Buyers were miffed when a BTO project – Clementi…

• 20 Dec 2022
• 6 min read
• 1

Can Executive Condominiums Actually Be Unprofitable? 3 Interesting Points To Note From The Data

Last week we put out a list of the most profitable Executive Condominiums, that were sold right after the five-year MOP. Our plan was to put out a companion piece this week, on the least profitable ECs; and to be…

• 14 Dec 2022
• 5 min read
• 2

A Detailed Update Of 153 New Launch Condos In 2022: How Much Have Prices Risen? (Or Fallen)

2022 is set to go down in history as one of the least explicable years of the Singapore property market. We doubt anyone expected prices to soar to this point, despite a new European war, rising interest rates, and inflation…

• 18 Nov 2022
• 5 min read
• 0