There are a ton of new launch condos out there right now, and you’ve to feel a little sorry for condo developers, who paid top dollar for en bloc and GLS sites only to have the government slap an extra round of cooling measures in July. In any case, 2018 has been a roller-coaster year…
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Tag: new launch condos
URA guidelines change for new condos: All you need to know
On 17 October 2018, the Urban Redevelopment Authority (URA) — Singapore’s urban planning authority — announced several new guidelines for condominium developments that would take effect early next year*. Among other things, the rules included reducing the maximum number of units allowed in new condominiums outside the Core Central Region (CCR) of Singapore. The reasons…
4 new launch condos selling like hotcakes despite cooling measures
Now that you can be sure that the Hungry Ghost month is over and a thousand angry dead souls won’t possess you for buying a new home, private home sales are up 51% in September 2018 compared to the previous month. While sales of new launch condos do tend to pick up after the end of…
3 Risks You’re Taking when Buying a New Launch Condo in Singapore
Few people consider the fact that purchasing a new launch condo is riskier than buying built or resale property.
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