In today’s real estate market in Singapore, the best method to score a good investment opportunity would be to buy a newly-launched property during its 1st day VVIP priority booking. Since developers face the pressure of selling out the new condominium within 5 years of acquiring the site (approximately 4 years from launch), prices are usually set very attractively at just marginal 10 to 15% profit to ensure a successful launch. In the case of competing developers with projects in the same area, developers may have to dip the profit margin to a low single-digit percentage, allowing property investors to buy the condominium at a very low entry price, leading to a higher potential gain during exit.
The sale prices of new condominiums usually increase periodically after launch, which means that making your purchase on the 1st day VVIP priority booking will usually offer you the best opportunity to buy the property at the lowest price possible.
Disclaimer: While the above is usually the case. There were, and will continue to be, developments that do not launch well, perhaps due to the developments being not as attractive or developers pushing for a more decent profit that buyers don’t find to be reasonable. Hence, it is very important to analyse new developments and their prices before buying.
Keen to get into real estate investment in Singapore? Keep tabs on upcoming condominium launches and new real estate projects in Singapore with New Condo. Here at New Condo, we sieve out only the best property investment opportunities in the country for interested parties.
– 5 mins walk to Canberra MRT & Canberra Plaza Mall
– Short stroll to 12ha Bukit Canberra Integrated Sports and Community Hub
– Reputable developers – UOL, UIC & Kheng Leong
– Huge site area of 296,721 sqft
– Exclusive 448 units of 2 to 4 Bedroom
– Integrated to Pasir Ris MRT, mall, bus interchange, polyclinic & childcare centre
– Pasir Ris MRT – Future interchange for Cross Island Line
– Reputable developer, Allgreen
– Packed with nearby amenities like schools & markets
– High rental demand, being near Changi Business Park, Changi Airport & more
– Integrated development with upcoming shopping mall (Canninghill Square) & hotels
– Linked to Fort Canning MRT & Fort Canning Park
– Doorstep to world-class amenities at Clarke Quay
– Iconic 48 storeys development
– Breathtaking views of Clarke Quay, Singapore River, Fort Canning Park & CBD
– Reputable developer – CDL and Capitaland
– Freehold luxury residence at District 9
– Consists of a $100mil conservation bungalow clubhouse of 19,800 sqft
– Iconic golden tower with wide 80m frontage
– Ultra luxurious interior fittings & finishes
– Walk to Orchard Road shopping belt
– Freehold luxury residence along Bukit Timah
– Within 1km to ACS & SCGS
– Stunning unblock 180 degree view of lush greenery
– Near Newton MRT (NSL/DTL) and Stevens MRT (DTL/TEL)
– Longest lap pool among prime district properties (100m)
– Grand 100m arrival driveway & setback from Bukit Timah Road
– Reputable developer, Cheung Kong
– Rare Executive Condominium (EC) launch in this vicinity
– Right opposite Greenwich V mall
– Walk to Seletar Mall
– Exclusive neighbourhood near Seletar Hills landed estate
– Easy access to expressways like CTE, SLE & TPE
– Reputable developer, Frasers Property Singapore
Wish to secure a top choice unit with the most attractive VVIP early bird discounts? Join our mailing list now for the most advanced information about the latest developments and other special privileges. Simply leave us your details and you can be a winner in the next hottest upcoming new condo launch!
NEVER MISS ANOTHER OPPORTUNITY!
Wish to secure a top choice unit with the most attractive VVIP early bird discounts? Join our mailing list now for the most advanced information and special privileges. Simply leave us your details and you can be a winner in the next hottest upcoming new condo launch!