A big drop in price for any condo always catches the attention of many, and the recent 20 per cent price drop at Cuscaden Reserve was no different. People love a good "bargain", and the anchor price phenomenon is never so apparent as when a sale happens. But the biggest question people typically ask is: "Is it a good deal.
With the effects of high-interest rates perhaps taking their toll, we can see that recent new launches haven't hit the highs of previous launches in 2021/2022 that would easily sell 70 to 80 per cent of their stock over the launch weekend. This is coupled with the homebuyer's worrying about the now $2,100+ psf norms for new launches. Let's not.
Whether you're a homeowner or a landlord, having an MRT station nearby is still a major draw; and given the fewer launches in 2023 (compared to 2020/21), it's important to be a bit more picky. There's also just the "small" matter of the very high COE rates right now, and it may just be the kicker to stop relying on.
Singapore News - Nearly 3,000 people turned up at Sceneca Residence’s showflat in Tanah Merah on Sunday to preview the first private residential project to be launched in 2023. Developer MCC Singapore’s chief executive Tan Zhiyong said the “enthusiastic response” came despite the. Read more at www.tnp.sg
If you’re looking to rightsize your property or a homebuyer looking for your dream home, you might be considering new launch condos. While 2022 saw less than 20 new launches, it’s expected that 2023 will have around 40 new launches. We’ve compiled a list of new launch projects that will be launching in Q1 of 2023. For homeowners who plan.