Property
Why Property Investors should look at the Private Resale Condo Segment (11 April 2020)
By Ernest Lim's investing blog  •  April 26, 2020
This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond. With the record number of new launch properties on the market in 2019 and 2020, all eyes have been on the new launch segment of the property market. Some new property buyers believe that they should buy new properties because they would be buying at the lowest price in the development, and therefore are more likely to make profits when the property obtains TOP. These same property buyers are afraid of buying resale properties because they are worried that there will be limited capital gain potential. In this article, we will explore the reasons why I believe that investors should particularly look at the private resale condo segment for value buys. 1.New to Resale Price Gap The New to Resale Property Price...
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By Ernest Lim's investing blog
I am an avid investor, trader cum remisier. I am a Chartered Financial Analyst® charterholder, as well as, a Chartered Accountant of Singapore. I have published articles on a wide range of topics on finance and investment, ranging from market / sector outlook, technical analysis and fundamental analysis etc.
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