New Generation of New Launch Private Condo Will Spur Capital Gains Investment in Struggling Neighborhoods

New Generation of New Launch Private Condo Will Spur Capital Gains Investment in Struggling Neighborhoods

5 TOP past launches in District 19

1⃣ Kingsford Waterbay launched 1Q2015 at average $1,109 psf
2⃣ Star of Kovan launched 2Q2016 at average $1,407 psf
3⃣ Forest Woods launched 4Q2016 at average $1,047 psf
4⃣ Affinity at Serangoon launched 2Q2018 at average $1,596 psf
5⃣ Riverfront Residences launched 3Q2018 at average $1,310 psf

First Move Advantage

1 Bedroom at Kingsford Waterbay brought at $533k, recently transacted at $645k. Translating to 21% in 3 years 10 months.
Every new development goes through a standard product life cycle.

Product Life Cycle
Product Life Cycle

The mistake that most people do is comparing price between a resales vesus a new launch.

Technically you are comparing a declining product vesus a product that is going through the introduction and growth stage.

While the resale seems cheap and sound like a good deal, it may cost you even more later.

Don’t be the next person to be ignorance. Spend some time and study facts and figures.

If District 19 is a place you truly want to invest and build your family nests. Then don’t miss the opportunity.

Contact me for an unbiased professional advice.

<Next Up Coming Launches in D19>
https://www.newcondos.asia/…/distr…/the-florence-residences/

https://www.newcondos.asia/launch/sg/district-19/the-lilium/

https://www.newcondos.asia/launch/…/district-19/the-gazania/

New Condos Asia
 +65 6100-0015 / +65 8688-0009

#newlaunchsg #singaporecondo #singaporeproperty #newlaunchcondo#newlaunch #jamesyeo #jamesyang #newcondoasia #sgproperty#TheLilium #TheGazania #TheFlorenceResidences

James Yang

James Yang

Associate Division Director at Huttons Asia Pte Ltd
James identifies the latest property trends to bring the most relevant advice to his clients.
James Yang