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.
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>
New Condos Asia
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