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!
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.