Analysis

Can New Launches Raise the Prices of Older Condos Nearby?

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
JC
JC
1 year ago

Hi Ryan, what if the new development is a HDB BTO? Will it have the same impact on surrounding condos? Thank you!

Stacked Homes
Admin
1 year ago
Reply to  JC

Hi JC, generally having BTOs is a positive thing because upgraders will be looking at nearby condos, so that generates demand. When it comes to other condos, it really depends. First it’s an increased supply, but if that development is inferior to the one you own, then it’s not such a bad thing. It can work the other way around too.

Latest Posts

The Vales Condo
Property Picks 10 Cheapest Executive Condos In 2023/24: Here’s Where To Find Them
April 24, 2024
Phoenix Estate 15
Editors' Pick Touring Phoenix Estate: An Underrated Landed Home Cluster With Unblocked Views And Spacious Roads
April 21, 2024
Amanda Thumbnail Selected 1 compressed
Living In Inside A 1940s Shophouse Unit With A Rustic Motorcycle Garage
April 21, 2024
retirement options cruise singapore
News Would You Sell Your Home To Retire On A Cruise Ship For $300k In Singapore?
April 21, 2024
mcnair area HDB kallang whampoa
Advice We Own A $1.1 Million HDB And Make $22k Per Month: Is It Feasible To Upgrade To A Condo Without Additional Cash?
April 19, 2024
32 Gilstead Featured
Editors' Pick 5 Unique Boutique New Launch Condos You’ve Probably Not Heard Of (From $1.471 Million)
April 18, 2024
5 Cheapest 5 Room HDB Flats Close To The MRT Priced Below 600k
Units Of The Week 5 Cheapest 5-Room HDB Flats Close To The MRT Priced Below $600k
April 18, 2024
15. view sky everton
Condo Reviews I’ve Lived At Sky Everton For 4 Months: Here’s My Review Of What It’s Like To Live In A New Condo In The City
April 17, 2024
5 Lesser Known Condos With Unique Duplex Units From 2.08m
Property Picks 5 Lesser-Known Condos With Unique Duplex Units (From $2.08m)
April 16, 2024
garden home sengkang singapore
Living In Inside A Secret Garden Terrace Home Transformation In Sengkang
April 16, 2024
district 11
Commentary Where Have Freehold/Leasehold Condo Prices Dropped The Most In 2023/24?
April 15, 2024
overseas retirement singaporean
Editors' Pick My Search For A Better Alternative To Old Folks Homes In Singapore: Are Overseas Retirement Homes Better?
April 14, 2024
thumbnail royston kenny New 1
Living In Unveiling A Unique Dark Twist To A Wabi Sabi Home In Singapore
April 14, 2024
the residences at W sentosa cove
News Should You Buy This Sentosa Condo At A 40% Discount?
April 14, 2024
Twin vew vs whistler grand
Investment Whistler Grand Vs Twin VEW: Which Has Been A Better Purchase?
April 13, 2024
Rivergate Condo 78
Advice We Have $5 Million In Cash And Live In A 3-Room HDB: Should We Buy A Larger Condo Or HDB?
April 12, 2024