Problem today - the resale market continues to surge, many consumers out there are concerned if it's sustainable. In fact many are waiting for it to come down since covid till today, but unfortunately, it is not what we are expecting. Moving forward, will it come down?
Why prices are not dropping? 5 Factors that cause the prices to be resilient:
HDB prices are increasing and many have made good profits
Rental market is strong
Replacement cost is high, seller wants higher price
Investors are not willing to let do because they can't buy back
Gaps between NL & Resale is wide, thus making resale still affordable, due to loan issues
How?
Find out how to SPOT undervalued properties
How to determine whether you should buy a new or a resale property
What should we do next? Buy or Wait?
Discover your dream home with this exquisite 4-bedroom, 2-bathroom apartment available for sale at 1, Park Road, Singapore, ready for you by 2025-09-30. This spacious 1119 sqft unit features modern cabinets, a sleek dining table, and inviting tiled floors that create a warm and welcoming atmosphere. Conveniently located just 0.6 km from Clarke Quay MRT Station, you are perfectly positioned for urban living. Families will appreciate the proximity to Outram Secondary School (0.8 km) and the recreational offerings from Friendly Waters Seasports Pte. Ltd. (0.6 km), ideal for outdoor enthusiasts. For your grocery needs, CS Fresh @ UE Square is just 1.2 km away, while Clarke Quay Central shopping mall is a mere 0.9 km from your doorstep, providing a vibrant mix of shopping and dining options. Don’t miss the chance to own this fabulous apartment in a prime location.
Schedule a viewing today and take the first step towards your new lifestyle!
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