As a collective whole, most properties in Singapore tend to appreciate. This may be a result of many different factors, such as increasing land prices, the addition of better infrastructure, or broader economic growth (among many other reasons).
This was especially so during the pandemic period, as demand shot up and there wasn’t enough supply to meet the demand.
However, not all properties followed this upward trend. While many condos saw significant price growth during the pandemic, some developments surprisingly stagnated. These cases raise important questions: Why did certain condos fail to appreciate despite the overall market boom? What factors caused their prices to plateau while others soared?
In this piece, we’ll explore some of the condos that have prices that have been stagnating as well as the common reasons behind this stagnation: from less favourable locations to the development type. By understanding these factors, buyers can better evaluate potential risks and
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