Four things to be careful with when you buy a condo in the $1.5M to $2M range.
1. Smaller luxury-themed condos that blur their identity with freehold.
2. Very boutique-sized projects: thinner resale transactions mean less pricing confidence when you sell.
3. An entry price too close to a new condo you could afford instead: keep your entry safe and avoid overpaying.
4. Large but inefficient layouts: a big floor area with too few bedrooms suits fewer buyers, so it can take longer to sell.
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