The hunt for affordable condos goes in 2024, as home buyers struggle with the post-Covid price surge. More projects are being completed, but that’s hardly helpful news to those who need to buy right now. And one of the complaints we’ve heard is that, when the quantum is low, the size is better suited to garden gnomes than families.
So let’s look at options that are cheaper on a per square foot basis as well:
*Just a note: the issue with looking at prices purely from a psf basis is that sometimes the comparison isn’t fair if you are comparing between properties that come from different eras.
For example, a low psf may not tell the full story for ground-floor patio units and penthouses (as the outdoor areas aren’t factored in). Or a modern new launch condo today is more efficient in size (no planters and bay windows), as compared to one that is in the 2010s...