I’ve recently caught wind of an exciting upcoming condominium project in Singapore called The Reserve Residences at Bukit Timah. As someone who typically approaches new property launches with caution due to their tendency to be overpriced.
My personal mantra is to “buy new for HDB and buy resale for private.”
The reason is rooted in the disparity between HDB BTO and resale prices. HDB BTO flats are typically offered at subsidized rates, reflecting their affordability, whereas HDB resale align with prevailing market prices. Conversely, the case for new launches in the private property market is often quite the opposite, as they are commonly priced above the prevailing market rates.
However, I must admit that The Reserve Residences has managed to earn my appreciation. It is indeed a rarity for me to commend new private property launches, but there’s something about The Reserve Residences that has piqued my interest.
A mirror of The Woodleigh Residences...