Real Estate Affair

Great article on the current real estate market from a buyer’s perspectives as well as investor.

Left with 1 unit at 1953 which is freehold going at $998K

See what’s the new condos are more affordable now compared to their initial launch prices

Property Market shows no signs of slowing down!

Starbuy Promotion!

HDB owners are taking advantage of the high prices of HDB resale flats and cashing out to upgrade to private condominiums.

The last weekend's launch of Pasir Ris 8 had created quite a stir in new condo pricing. Developers could move to increase their existing units prices, especially those at the OCR, due to the strong signals that buyers are willing to pay as high as $2,000psf for suburban. And the government may also step in to introduce more cooling measures. nnNewspaper reporting and property agents are doing their jobs to caution the potential buyers to know what is happening in the real estate market. Buyers will need to do their sum and remain financially prudent when looking at their investment or dream house.

With higher land bid prices for Lentor Central plot and Tampines St 62 (EC plot), the future selling prices for these developments will be much higher.nnGiven the fact that Covid-19 has changed the sentiment of the local construction with shortage of labours, now it is seeing at 10% increase in development cost. nnWith this, there is probability of re-pricing of current unsold units of launches. The new launches selling prices for 2022 will be greatly adjusted upside due to the Covid-19.nnClick to watch our Senior Director of Research, Lee Sze Teck on how he dissects the numbers and let you know what are some trends forming and what does it mean for the property market ahead.nnhttps://www.facebook.com/561626677237168/posts/4318880404845091/?vh=e&d=n