Property
The 1 Check That Can Mean The Difference Between Buying A High Quality Property And A Dud
By Stuart Chng  •  December 30, 2019

One of the common fears that friends and clients bring up to me is that they aren't confident to buy a new launch property because they lack faith in the end product.

In a new launch, we can't see the quality of fittings and construction, we can't feel whether the environment will be peaceful and well ventilated and that all compounds our fear of the unknowns."

Whereas, in a resale property, although it is older, you get to see, touch and feel almost everything and have more faith in your decision.

Yes, it has happened where buyers end up being thoroughly upset by the overwhelming defects and quality of their new property upon getting the Temporary Occupation Permit (TOP).

Although there are few cases, one is enough to put a buyer off property investments for a long time to come.

Quality issues with Kingsford Hurray's projects raised alarm bells, prompting a 1st ever no-sale licence issued by the Controller of Housing.
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By Stuart Chng
Stuart Chng, Senior Associate Executive Director of OrangeTee & Tie, is a renowned leader, real estate broker and personality in the real estate industry. He is a licensed real estate agent, team leader, industry trainer and speaker, columnist for several property newsletters and blogs and is often quoted in media interviews on 938FM, Channel 5, PropertyReport, PropertyGuru and other publications. Throughout his career, he has helped many clients grow their wealth through selecting great property investments and managing their portfolios actively. Stuart has also coached many top million dollar producing agents from different real estate agencies in Singapore.
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