5 Singapore’s Best Property Investments for 2023: Where to Find Growth and Income
The Singapore property market has long been a sought-after investment destination, with its stable economy and growing population making it...
Read More
TLDR
Jayson Ang discusses the essential factors to consider when seeking a property for investment. By analyzing the safe entry price and price gap, clients can make informed decisions. The case study of Cairnhill 16 highlights its attractive entry point compared to other regions, positioning it as a smart investment choice. With the narrowing price gap between different regions and the potential for high returns, investing in freehold properties like Cairnhill 16 in the Core Central Region could be a wise move. Jayson also offers personalized advice, data-driven insights, and strategic real estate solutions tailored to individual needs, guiding investors through their property journey effectively.
What two factors should clients consider when seeking a property to purchase, in order to decide if it is a worthwhile investment?
Safe Entry Price & Price Gap
Let’s make use of Cairnhill 16 as a case study to determine these two key factors.
It’s already quite clear that Cairnhill 16, as a freehold property, offers a relatively secure entry point at $2,6XX psf – an attractive proposition compared to 99-year leaseholds in the Outside Central Region (OCR) and Rest of Central Region (RCR), starting from $2,1XX and $2,4XX psf respectively, and with Core Central Region (CCR) properties averaging $2,8XX.
Determining A Safe Entry Price
It’s clear from Figure 1 that the entry price for Cairnhill 16 is below the average for new sales in the CCR – the price gap between RCR and CCR properties has narrowed significantly. This makes Cairnhill 16 a smart choice for entry, as the rising prices of homes in the OCR and RCR have shrunk the difference between them.
Price Gap Between RCR & CCR Narrowing
Imagine being able to buy a luxurious freehold CCR project for the same price as the average RCR home!
From Figure 2, we can see that the average price of a new home sale in the RCR and CCR has been narrowing throughout the years. In particular, 4Q 2022 saw the average price of a new home sale in RCR reach $2,659 – approximately the entry price of Cairnhill 16 at $2,6XX psf. What an incredible opportunity!
Finally, let us analyze Figure 3, demonstrating the cost of freehold new launches in the CCR; the price range runs from $2,777 to $3,161, doesn’t it make Cairnhill 16 a wise choice for investment?
This year is set to be a exciting time for Core Central Region, with its price offering an attractive alternative investment opportunity to Rest of Central Region.
Should You Buy, Sell or Wait?
If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?
It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.
I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.
I can help you by:
- Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
- Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.
You May Also Like …
The Top 5 Myths About Buying Property in Singapore – Debunked!
The Top 5 Myths About Buying Property in Singapore – Debunked! Here are the top 5 myths about buying property...
Read More
Discover the Benefits of a SORA Home Loan in 2023: Why Consider SORA Interest Rates
TLDR The article discusses the transition from SIBOR and SOR to SORA as the new benchmark rate in Singapore's banking...
Read More
Is Renting Out Your HDB to Live in a Condo a Smart Move? How Rentvesting Can Help You Save Money
TLDR Rentvesting is a strategy where individuals rent a home in their desired location while purchasing investment properties in more...
Read More
Singapore Homes Prices Falling? Is This The Beginning Of A New Trend?”
TLDR The Singapore property market has seen a slight dip in private home prices after a significant increase over the...
Read More
Top 5 : Most Profitable Neighborhoods To Invest In For Singapore Property Investment 2025
As the global economy continues to recover, the real estate market in Singapore remains a promising investment opportunity for savvy...
Read More
Top 5 Best Urban Hiking Trails in Singapore
Singapore, known as the Garden City, is a bustling metropolis that offers a multitude of parks and nature reserves for...
Read More
Unlock The Key To Selling A Home With A Perceived Disadvantage Like Being West-Facing Or Close To A Rubbish Chute – Here’s How!
TLDR When selling your house, turn perceived disadvantages into advantages. For sun-facing homes, use UV sheets and blinds to manage...
Read More
How To Avoid Top 5 Common Investment Pitfalls When Investing In Singapore Property
When investing in Singapore's property market, it is crucial to be aware of the common pitfalls that can lead to...
Read More
5 Biggest Mistakes I Made When Starting Out In Singapore Property Investing
Investing in Singapore property can be an excellent way to generate passive income and build long-term wealth. However, like any...
Read More
5 Techniques for Identifying Undervalued Properties in Singapore 2023
TLDR To spot undervalued properties in Singapore's real estate market, focus on market value, location, and unique features. Consider "up...
Read More
A Comprehensive Guide for Buying Landed Real Estate in Singapore
TLDR When it comes to buying landed property in Singapore, there are three main types: terrace houses, semi-detached homes, and...
Read More
Essential Steps for Safely Purchasing Your First Home in Singapore
TLDR When considering buying your first property in Singapore, start by assessing your budget and qualifying for a permissible loan....
Read More
Discover Singapore: 5 Must-See Attractions for a Culture Lovers’ Paradise
Singapore, a bustling metropolis in Southeast Asia, is a melting pot of cultures and traditions that offers a unique blend...
Read More
What Difference in One Year After the ABSD Hike in April 2023?
TLDR The recent hike in ABSD rates, especially the increase from 30% to 60% for foreign buyers, has dramatically affected...
Read More
4 Simple Strategies to Help Future Homeowners Save Money
TLDR When it comes to being a new homeowner, it's essential to prioritize regular maintenance to avoid costly repairs down...
Read More
Exciting News: Affordable Housing in Singapore by 2024?
TLDR The real estate market in Singapore is experiencing shifts in housing supply and demand, influenced by factors like mortgage...
Read More
5 Reasons Why It’s A Great Time To Buy Property In Singapore In 2024
Singapore's property market is known for its stability, high demand and strong returns. With a growing population, low unemployment rates,...
Read More
3 Steps to Prevent Rental Scams
TLDR: Prevent Rental Scams in Real Estate Scammers are targeting prospective tenants by impersonating Real Estate Salespersons (RES) to deceive...
Read More
Top 5 : Best Karting Circuits in Singapore
Singapore, a bustling city-state known for its modern architecture, cleanliness, and vibrant culture, is also home to a thriving karting...
Read More
