Property
Why We Bought A $960k 2-Bedder Condo At Penrose During COVID: A Buyer’s Case Study
By Stacked Homes  •  April 15, 2025
Project Case Study: Penrose Client Details
  • Early 30s
  • Works in medical sales
Buyer’s Brief 
  • Solo investor with a budget under S$1M.
  • Purchasing purely for investment, with no specific location or lifestyle preferences
  • Open to both resale and new launch projects
Challenges they faced
  • Bought shortly after the COVID-19 pandemic, amid market uncertainty
  • Limited to the 2-bedroom, 1-bathroom layout due to budget constraints, adding uncertainty to the choice
First Consultation: A Breakdown Everyone loves to say, “Buy when the market is down.” It’s the golden rule of investing, the advice everyone claims they’d follow. But in reality? Few actually do it. That was the exact dilemma Z faced in 2020, at the height of COVID-19. The property market was in a strange limbo—transactions were still happening, but buying was anything but easy. In hindsight, now in 2025, this seemed like such an obvious time to buy. But the truth was that on the ground, buyers were still cautious.  ...
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Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance