In 2019, two condos sold for the same price: one resale, one new launch. Six years later: $383,812 apart. Was it the new launch?
I tested three theories about what makes a condo appreciate. Two of them were mine. Both were wrong.
One in seven Jovell three-bedroom owners has managed to sell. At Treasure, it’s one in three.
Two three-bedders launched in the East in 2019, eleven square feet apart in size. The cheaper one is now $320,000 behind, and the reason has almost nothing to do with the units.
The $900K era is gone. Today’s $1.4M era is going extinct soon.
The $900K era is gone, the $1.4M era is next. Why the same 3-bedroom now starts above $2.2M — and what replaces it.
They could afford Two Studio Condos. I told them not to.
Two new PRs, one carefully structured plan, and a comparison across 19 projects that pointed the other way. On the same budget, resale two-bedders returned roughly three times as much.
Freehold in Lentor at $1,350 psf, while the new launches next door ask $2,000.
Bullion Park is a 1992 freehold development on half a million square feet of land. A three-bedder there trades around $1.7M. The gap to a new launch three-bedder in the same corridor is roughly 55 percent.