In my previous article on property, I have share some of the macro trends from my analysis of the private condominium in various districts in Singapore.
If you have not read it, I recommend you to read it first before reading the rest of this article.
For the regular readers, you all may have noticed from the property guide that I have a section which illustrates which are the better performing private condominium/apartment in terms of $psf in the respective districts.
This $psf performance is based on the r coefficient obtained from the scatter plot ($psf against date). Generally, the higher the r coefficient is, the better the price performance in terms of $psf is.
In this article, I will like to highlight which are the better performing private condominium (high positive $psf growth) and which are the not-so-well-performing private condominium (negative $psf growth) in the respective districts over the past 3 years, based on the analysis I have done as described above. This include the new launches which have already show increment or reduction of the $psf transacted across certain time periods in these 3 years.
If trend is any reliable indicator, such
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