Property
5 Unpopular, Slow-Selling New Launch Condos In 2021: What’s Going Wrong?
By Stacked Homes  •  July 1, 2021
Despite the uptick in the property market, not all condos are doing well. Sometimes it’s due to oversaturation, like in Holland V, while other times it may be issues like unpopular unit layouts. That said, not everyone looks for the same features in every unit; and some bargain hunters keep an eye out for less popular developments. Here are some of the main ones right now:
  1. 19 Nassim
Only two units have been sold. Recent transactions indicates prices of $3,351 psf and $3,401 psf respectively. Location: 19 Nassim Hill (District 10) Developer: Keppel Land Lease: 99-years TOP: 2024 Take-up rate: 2 of 101 units sold What’s happening here? Location is definitely not the issue. In fact, 19 Nassim is just 270 metres, or an eight-minute walk, to Napier MRT station (the station will be completed this year). This condo is barely a four-minute drive to Orchard. We’d stick to the higher floors though, as that same proximity also means road noise. This condo is only 650 metres away from Cuscaden Reserve (described below)....
Read the full article
By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance