I enjoyed this post a lot from our guest contributor, CK who has kindly analyzed and shared his finding with us on a few development that are ongoing at the moment. I am a big fan of property myself and am following closely the development of a few residentials and how they are being priced with demand sentiment. Who knows, if time is right, we might just go in with a second property. Knowing the flour (land price) the developers paid, it certainly helped in making decision.
Singapore real estate market is very transparent in terms of the data availability on real estate deals that is publicly available. Extending to the earlier blog post (link here), I did a back testing on selected government land sales (on a psf ppr) compared against the median psf achieved for the project and did a ratio analysis on the cost of ......