Analysis

Here’s Why These Condos Lost Money Despite Buying At A Property Market Low

Join our Telegram group for instant notifications
Join Now

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.

Subscribe
Notify of
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Francis
Francis
1 year ago

I am very amazed when you allocated all the reasons for government measures, urgent sales and Market fluctuation.
The biggest reason of all is always developer have done good marketing to sell high and hence buyer bought a high price.

Every property media are often shy to mention this fact in bid not to offend the developers.

I am not saying developers are wrong. In fact, I will behave the same way as them. The message to the buyers is to be aware that developers have this behavior and hence they should be careful

Stacked Homes
Admin
1 year ago
Reply to  Francis

Hey Francis! Thanks for sharing that. It’s true that ultimately, it’s down to how it was priced. But the reason for the loss later on could be due to things like timing which affects all developments, not just the new launch. So it’s not really fair to say it’s due to marketing given there’re many reasons why the secondary market may not pay as much as the first buyers. With any purchase, be it new launch or resale, the seller would want to price the highest. Buyers should be aware that the seller’s interests and theirs are not aligned which is why it can make sense to engage a professional to guard their interest.

Latest Posts

chuan park emerald of katong
News The Differing Sale Tactics Of Chuan Park And Emerald of Katong
November 24, 2024
Twin VEW Condo
Commentary 7 Surprising Condos That Are Profitable Despite Not Being Near An MRT Station
November 23, 2024
Alkaff Oasis 169 top view development blocks
Advice We Make $400k Per Year And Own A Bidadari HDB: Should We Look At 2 Properties Instead Of 1 Freehold Landed?
November 22, 2024
Union Square 4 Bedroom Premium 8
Buying 5 Subtle Details Property Agents Won’t Highlight At A New Launch Show Flat (And Why You Should Ask About Them)
November 21, 2024
A Couple's Nature Inspired Apartment With A Serene Reservoir View | Singapore copy
Living In A Young Couple’s Nature-Inspired 5-Room BTO Apartment With A Serene Reservoir View
November 21, 2024
5 Cheapest Yet Spacious HDB Flats Above 1,300 Sqft In November 2024
Units Of The Week 5 Cheapest Yet Spacious HDB Flats Above 1,300 Sqft In November 2024
November 21, 2024
Parktown Residence Featured
Buying 5 Upcoming New Launch Condos To Watch Out For In 2025 (One Is A 1,193-Unit Mega Development)
November 20, 2024
high park residences
Rent 10 Cheapest Condo Rental Homes For Families In 2024 (From $2,300 Per Month)
November 19, 2024
Inside A 110sqm Cave Like Apartment For A Family Of Three 1
Living In How A Couple Transformed Their 5-Room BTO Into A Unique Cave-Like Home
November 18, 2024
A Family Of Four 110 Sqm Apartment With Earthy Tones
Living In A Family Of Four 110 Sqm Apartment With Earthy Tones
November 17, 2024
emerald of katong showroom
News Why Are New Launch Condos In Singapore Selling Like Hotcakes Again?
November 17, 2024
Untitled Artwork
Buying How Much Can You Save On Your New Home With Recent Interest Rate Cuts In 2024? We Break It Down
November 16, 2024
5 Cheapest 4 Room HDB Flats In Central Singapore From $480k
Units Of The Week 5 Cheapest 4-Room HDB Flats In Central Singapore From $480k
November 14, 2024
cluster housing
Property Picks 10 Cheapest Cluster Landed Homes In Singapore From $1,840,000
November 13, 2024
Clement Canopy price review
Property Picks 5 Noteworthy Condos In Clementi: Why This ‘Fringe’ Area Is Now A Property Hotspot
November 11, 2024
Urban Vista and The Enclave Holland
Property Picks Where To Find The Cheapest Resale Condos By Bedroom Type In 2024 (From $545,000)
November 11, 2024