Property
20 Biggest Loss Making Transactions That Were Bought And Sold During COVID-19
By Stacked Homes  •  February 6, 2024
Success stories abound in the Singapore property market, because those stories sell condos (a little skeptical, but it’s an unavoidable truth). A lot of these highlighted condos also paint a glamorous picture of their districts and areas; and it may create the sense that you can’t go wrong in those areas. So as counterintuitive as it sounds; the districts that have the ritziest condos can sometimes be the ones that also see the worst losses (also not the first time that we’ve brought it up): Where did we find hugely unprofitable transactions?  Veteran property investors won’t be surprised; but for those new to the market, consider that CCR and RCR districts may not, in fact, be the recession-proof titans that some agents claim they are. It seems that the priciest districts can also bring about the priciest losses:...
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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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