Why Do Leasehold Developments Do So Badly In Hillview?

Video description from @therightmovesg

If you're wondering why leasehold developments do so badly in Hillview, then you're in the right place! In this video, we'll share with you all the reasons why leasehold developments do poorly in Hillview.

In this video, explore the importance of developer price staging in determining the future profitability of a development.

Discussing the concept using the example of a relay handover from one runner to the next. With the developer being the first runner and the buyers being the second. A slow handover, will result in the second runner having a hard time catching up in terms of profitability.

Now, the next question would be, why wouldn’t the developers stage up their prices?

Is it an issue with the timing, location, or tenure?

If you appreciate a data driven approach to decision making. You will find examples of properties that seemingly fit all the “traditional” matrices of a profitable property:

✅Freehold
✅Walking distance of Orchard MRT
✅Heavily discounted from previous buyer

But! They (e.g. Vermont @ Cairnhill) didn’t just underperform a property that is the complete opposite of the above (e.g. Treasure at Tampines), they fail to even beat bank interest rates and stamp duties.