Here’s one of the indicators of a project that is also one of the least helpful to buyers – the number of transactions relative to the number of units. That’s because few transactions can go both ways, either living there is so good that few want to sell (quite often, they can’t find a replacement property that matches theirs for.
Whether you're thinking of selling your home or checking out investment prospects, here's a history you can use: we've picked out the top 10 most profitable developments based on the past year's transactions. And while you know the cliche saying (past performance is not an indicator of future returns, etc.), this still provides a convenient shortlist to start on: Reflections.
In the Singapore property market, sometimes appearances can be deceiving. Despite the aged facades, peeling paintwork, and limited amenities, some old condos have managed to defy expectations and offer a trove of advantages that can't be overlooked. These gems from the past boast expansive grounds and more spacious unit sizes, something that many newer condos just cannot provide. While faded.
Despite the big losses that we wrote about from those who bought in 2017, the reality is that the majority of people who bought back then would be really happy with their decision. Just look at the tables of losses versus gains and you'll understand why. It's not surprising that we've seen condos with huge gains this year a.
Due to construction delays, the government announced in July that you can now appeal for BTO cancellation without incurring penalties. HDB will then assess your situation before waiving the forfeitures. Applicable situations include having to buy a resale flat due to urgent housing needs (e.g. due to a baby on the way). Typically, there are penalties for cancelling your BTO.