Video description from @alanweeproperty
In this video, I will discuss whether can you can make money buying a new launch condominium directly from a developer.
I will use a basket of 6 condominiums located in district 20 that used to be new launch a decade ago for comparison.
In this study, I will study the profitable and unprofitable transaction on each specific condominium in the resale market. Next, I will also average out the annualized return of the last 10 profitable and unprofitable transaction.
Lastly, I will study why some of these condominiums outperform and why some other fare poorly.
Watch till the end of this video where I am going to share with you some interesting insights into them.
Alan Wee l #AlanWeeProperty
(65) 9297 3150 I CEA Reg No. R024730A
Web: www.AlanWeeProperty.com
FB: www.facebook.com/AlanWeeProperty
Link to Prices Matrix video:
https://www.youtube.com/watch?v=6j1N0wSjlW4&t=641s
Resources:
www.ura.gov.sg/maps/
www.onemap.gov.sg
www.edgeprop.sg
References:
https://condosingapore.com/showthread.php/21701-Buyers-snap-up-Panorama-condo-units
https://sharonanngoh.com/2010/03/21/heartland-condos-at-1k-psf-or-more/
https://www.lta.gov.sg/content/ltagov/en/upcoming_projects/rail_expansion/thomson_east_coast_line.html
https://en.wikipedia.org/wiki/Moshe_Safdie
https://www.sqfeed.com/2014/02/25/sales-of-the-panorama-began-only-last-month-but-the-poor-take-up-has-prompted-developer-wheelock-properties-to-take-a-huge-hit-on-its-condominium-project-in-ang-mo-kio-in-its-financial-statement-for/
http://propertyshowflat.com/wheelock-cut-prices-panorama/
https://propertyforesight.wordpress.com/2007/09/18/ang-mo-kio-condo-site-sets-record/