Asked by Anonymous
why is the new launch selling so much higher than the resale next door?
52 views
2 Answers
Hi,
This is very common, and there are plenty of reasons. I will list down some here:
- brand new
- longer lease left
- nicer design/facet
- newer facilities
- cost of construction
- cost of materials
Though a new launch is priced higher, you do need to take note that a resale unit may incur you massive funds on renovation if the unit needs to be revamped. You will have to take into consideration this cost and add it to your purchase price.
Having said that, there are resale condos which are worth to purchase too. You will need further assess into the development you're looking to purchase.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
This is very common, and there are plenty of reasons. I will list down some here:
- brand new
- longer lease left
- nicer design/facet
- newer facilities
- cost of construction
- cost of materials
Though a new launch is priced higher, you do need to take note that a resale unit may incur you massive funds on renovation if the unit needs to be revamped. You will have to take into consideration this cost and add it to your purchase price.
Having said that, there are resale condos which are worth to purchase too. You will need further assess into the development you're looking to purchase.
I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.
Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305 . I will be happy to assess and share with you the possibilities for you in the current market.
Thank you.
Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More
Dear Buyer,
As time goes on, land prices appreciate. So does materials, labour costs, govt levies etc. So, in SG, anything that goes up, seldom comes down. It all depends on what you are looking for... investment or own stay. Depending on your strategy, you should buy accordingly.
However, there are certain things many buyers do not know and that is why professionals like me can assist you find the right project (be it new or resale). I will give you the highs and lows of each development and all these advice is free for buyers. So, why wait. Please get in touch with me now!
Cheers!
Elan Govan
MABA (Lancaster)
90170747
jayelan@gmail.com
www.goodpropertiesguide.com Read More
As time goes on, land prices appreciate. So does materials, labour costs, govt levies etc. So, in SG, anything that goes up, seldom comes down. It all depends on what you are looking for... investment or own stay. Depending on your strategy, you should buy accordingly.
However, there are certain things many buyers do not know and that is why professionals like me can assist you find the right project (be it new or resale). I will give you the highs and lows of each development and all these advice is free for buyers. So, why wait. Please get in touch with me now!
Cheers!
Elan Govan
MABA (Lancaster)
90170747
jayelan@gmail.com
www.goodpropertiesguide.com Read More