Property
Unraveling The Mystery Behind These 3 Highly Unprofitable District 9 Condos
By Stacked Homes  •  September 15, 2020
With the high costs of property in Singapore, we all want to buy a condo whose value stands the test of time. Unfortunately, good unit appreciation potentials aren’t always fulfilled. Take Urban Vista for instance. A beautiful development situated within immediate proximity of the Tanah Merah MRT station, with the East Coast Park just beyond that. One wouldn’t expect a drastic depreciation in value here. OUE Twin Peaks, in the same vein, rises proudly over the glitzy Orchard precinct (our place of emphasis today) – a twist of iconic architecture tinged with key centrality. Yet if you were to look at its complete resale transactions list, you’d notice 23 unprofitable transactions to its name.. with just 2 profitable transactions to date! So why is this the case? Well, there are a number of reasons to account for. In today’s piece, we single out some possible factors that could have led to...
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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