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 …
Jayson Ang – February 18, 2024 – Share
TLDR In 2025, owner-occupiers of residential properties can benefit from property tax relief based on the Annual Value Band. Retirees...
Read More
Jayson Ang – March 12, 2024 – Share
It's 五新房产, Finding your dream home can be a daunting task, but with the right resources, it can be a...
Read More
Jayson Ang – June 24, 2023 – Share
TLDR When trying to sell your home, ensure it is competitively priced based on its unique features and the current...
Read More
Jayson Ang – November 28, 2023 – Share
TLDR When considering property investments in Singapore, it's crucial to monitor home loan interest rates closely. Even a slight increase...
Read More
Jayson Ang – February 21, 2024 – Share
Singapore, a beautiful city-state known for its stunning architecture, lush greenery, and vibrant culture, is a photographer's paradise. The island...
Read More
Jayson Ang – March 30, 2024 – Share
Singapore, a bustling city-state known for its iconic skyline and innovative architecture, is home to some of the most stunning...
Read More
Jayson Ang – April 4, 2024 – Share
As one of the world's leading financial centers, Singapore has always been a popular destination for property investment. With a...
Read More
Jayson Ang – April 14, 2024 – Share
TLDR When comparing property prices, discrepancies can arise due to various factors like timing of purchase, scarcity in niche projects,...
Read More
Jayson Ang – March 29, 2024 – Share
Investing in property is a popular option in Singapore, with many investors seeing it as a lucrative way to build...
Read More
Jayson Ang – June 18, 2023 – Share
TLDR When navigating the complexities of purchasing a second property in Singapore, ensure you meet eligibility criteria, consider affordability factors...
Read More
Jayson Ang – February 20, 2024 – Share
TLDR When considering buying your first property in Singapore, start by assessing your budget and qualifying for a permissible loan....
Read More
Jayson Ang – February 24, 2024 – Share
Singapore's property market is known for its stability, high demand and strong returns. With a growing population, low unemployment rates,...
Read More
Jayson Ang – July 17, 2023 – Share
TLDR When considering real estate investments, factors like property size, location, and PSF play crucial roles in determining affordability. Smaller...
Read More
Jayson Ang – December 7, 2022 – Share
TL;DR Summary: Timing of Property Sale: Selling high and buying high may seem counterintuitive, but understanding market dynamics can...
Read More
Jayson Ang – March 10, 2024 – Share
Singapore, a melting pot of cultures and flavors, offers an incredible array of culinary experiences to tantalize your taste buds....
Read More
Jayson Ang – August 11, 2023 – Share
TLDR The blog post discusses the challenges Singapore faces in housing affordability, particularly the rising costs of private homes compared...
Read More
Jayson Ang – November 20, 2023 – Share
TLDR When considering investing in new property projects, understanding developers' pricing strategies is crucial. Early bird discounts are not just...
Read More
Jayson Ang – May 10, 2024 – Share
Investing in property is a great way to build wealth and secure a stable source of passive income. When it...
Read More
Jayson Ang – March 2, 2023 – Share
TLDR When considering purchasing an older resale condo, ensure you investigate potential en-bloc bids, lift conditions, parking conveniences, playground safety,...
Read More
Jayson Ang – October 26, 2023 – Share
TLDR When buying a new launch condo in Singapore, start by planning your finances to determine loan and property limits....
Read More