- Buying during a market dip doesn’t guarantee strong returns: A unit at Reflections at Keppel Bay, bought near the 2014 market low, showed just a 0.7% annualised gain after 11 years, despite ideal timing. This highlights how the entry point alone doesn’t determine performance.
- Long holding periods inflate profits, but not always meaningfully: A Pandan Valley unit earned over $1 million in gains, but only after 26 years. While impressive in raw numbers, annualised ROI was 4.7%, and doesn’t reflect maintenance or ageing infrastructure.
- Low transaction volume distorts reality: In boutique or less active projects, ROI figures are often skewed by one-off sales. Without broader data, a single sale can make an average-performing project look exceptional, or the reverse.
In this look at why ROI figures can mislead investors and homebuyers:
