Fraud Blocker
Your search results

5 Cons Of Buying A Resale Property

Posted by Jayson Ang on March 7, 2024
0 Comments

Luxury properties in Districts 9 and 10 of Singapore are highly coveted, and for good reason. From stunning views and prime locations, to top-notch amenities and an affluent lifestyle, there are many reasons to consider investing in a luxury property in these districts. However, when it comes to choosing between a new development and a resale, there are pros and cons to consider. In today’s episode, we’ll delve into the five key cons of buying a resale development in Districts 9 and 10, to help you make an informed decision.

  1. Older amenities: Resale properties may have older or outdated amenities that need to be updated or replaced, which in turn will incur more costs for the residents to maintain. Potential viewers might also be put off by the old design therefore reducing demand
  2. Lower Balance Lease : Unless it is Freehold, Leasehold property tend to depreciate once it reaches the 30 years mark as the lower remaining lease may affect future buyers from apply bank loans, therefore affecting their purchasing power, limiting future pool of potential buyers
  3. Maintenance concerns: Resale properties may require more maintenance and repairs than new developments, which will incur higher monthly maintenance fee
  4. Hidden issues: Resale properties may have hidden issues that are not immediately apparent, such as structural problems or outdated systems. Depending on the items, replacing them can be very costly.
  5. Potentially lower appreciation rate: Some resale properties may not appreciate as quickly as new developments because there are newer developments that may be taking the demand from the older properties in surrounding area

If you would like to arrange a viewing appointment with us in Singapore, do send us a DM here at 五新房产

And if you want even more tips and advice on investing in the Singapore property market, be sure to follow, like and share, our XHS channel or contact us for expert advice, and I’ll see you in the next video!

Hello, 大家好!

今天在五新房产我们要跟你分享在新加坡购买转售房产的 5 个缺点。

1. 设施陈旧:转售物业可能有陈旧或过时的设施需要更新或更换,这反过来又会给买家带来更多的维护成本。 买也可能会被旧设计推迟,从而减少需求。

2. 较低的余额租赁:除非是永久产权,否则租赁财产一旦达到 30 年大关就会贬值,因为较低的剩余租赁可能会影响未来买家申请银行贷款,从而影响他们的购买力,限制未来的潜在买家群体。

3.维护问题:转售物业可能需要比新开发项目更多的维护和维修,这将产生更高的每月维护费用。

4. 隐藏问题:转售物业可能存在无法立即显现的隐藏问题,例如结构问题或过时的系统。 根据物品的不同,更换它们可能会非常昂贵。

5. 可能会降低升值率:一些转售物业的升值速度可能不如新开发项目,因为较新的开发项目可能会占用周边地区旧物业的需求。

如果你有其它跟新加坡房地产有关的问题,请留一条私信在我们五新房产的帐号。

想要更多关于投资新加坡房地产市场的技巧和建议,记得关注我们或联系我们获取专家建议。我们下一个视频见!

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:

  1. Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
  2. 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 …


Top 5 : Dangerous Ideas Singapore Property Investors Have
Mandarin Top 5

Top 5 : Dangerous Ideas Singapore Property Investors Have

Singapore's property market has long been considered a safe and lucrative investment option for both local and foreign investors. The...
Read More
Travel Without Worry: The 5 Best Telco Companies For International Roaming In Singapore
Blog Posts Mandarin Top 5

Travel Without Worry: The 5 Best Telco Companies For International Roaming In Singapore

Travel Without Worry: The 5 Best Telco Companies For International Roaming In Singapore When it comes to choosing a mobile...
Read More
5 Tips To Spot Winning Investment Properties In Singapore
Mandarin Top 5

5 Tips To Spot Winning Investment Properties In Singapore

Investing in real estate is an exciting and potentially lucrative venture. In Singapore, a thriving property market attracts both local...
Read More
Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today
Mandarin Top 5

Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today

Top 5 Tips for First-Time Chinese Buyers Looking to Invest in Singapore Today Here are the top 5 tips for...
Read More
Should I Buy In A Newly MOP HDB Or An Older Resale HDB?
All Blog Posts Buying Tips

Should I Buy In A Newly MOP HDB Or An Older Resale HDB?

TLDR When deciding between a recently MOP-ed HDB property and an older resale HDB property in Singapore, various factors come...
Read More
Superstitions in the Real Estate Market : How Does it Impact Resale Value?
All Buying Tips

Superstitions in the Real Estate Market : How Does it Impact Resale Value?

TLDR When navigating the Singapore property market, it's crucial to consider various superstitious beliefs that can impact your decisions. From...
Read More
The “Sell One, Buy Two” Strategy in 2025: Real Stories from Singaporean Homeowners
All Buying Tips

The “Sell One, Buy Two” Strategy in 2025: Real Stories from Singaporean Homeowners

The "Sell One, Buy Two" strategy gained popularity in Singapore after the Additional Buyer's Stamp Duty (ABSD) was introduced in...
Read More
Top 5 : Common Characteristics Of Singapore Condos That Make Them An Attractive Investment Opportunity For Foreign Buyers
Mandarin Top 5

Top 5 : Common Characteristics Of Singapore Condos That Make Them An Attractive Investment Opportunity For Foreign Buyers

Singapore, a thriving hub of business and commerce in Southeast Asia, has become an attractive destination for foreign investors looking...
Read More
Sell High Buy High : Will This Still Make You a Profit?
All Buying Tips

Sell High Buy High : Will This Still Make You a Profit?

  TL;DR Summary: Timing of Property Sale: Selling high and buying high may seem counterintuitive, but understanding market dynamics can...
Read More
Checklist for First-Time Homebuyers in Singapore: A Guide to Viewing Condos
All Blog Posts Buying Tips

Checklist for First-Time Homebuyers in Singapore: A Guide to Viewing Condos

TLDR The checklist provides essential steps for first-time homebuyers in Singapore to consider when viewing a condo. It includes aspects...
Read More
Top 5 Places to Try Durian in Singapore
Mandarin Top 5

Top 5 Places to Try Durian in Singapore

Durian, often referred to as the "King of Fruits," is a unique and polarizing delicacy in Southeast Asia. With its...
Read More
Buy a $1M Resale HDB or a $1M Resale Condo?
All Buying Tips Opinion

Buy a $1M Resale HDB or a $1M Resale Condo?

TLDR When comparing a million-dollar HDB flat to a private property of the same value, the HDB flat offers more...
Read More
Top 5 Best Alternative Music Venues in Singapore
Mandarin Top 5

Top 5 Best Alternative Music Venues in Singapore

Singapore, a vibrant and bustling city-state, is known for its diverse culture and thriving arts scene. The city's love for...
Read More
3 Trends For New Launch Properties In 2023
All Blog Posts Buying Tips

3 Trends For New Launch Properties In 2023

TLDR When considering buying or selling a property in Singapore, it's crucial to understand the market dynamics and key metrics....
Read More
The Quick Guide For Buying Landed Property In Singapore
All Blog Posts Buying Tips

The Quick Guide For Buying Landed Property In Singapore

TLDR When it comes to purchasing a landed property in Singapore, there are three main types to consider: terrace houses,...
Read More
Top 5 : Best Hidden Beaches in Singapore
Mandarin Top 5

Top 5 : Best Hidden Beaches in Singapore

Singapore, a bustling city-state known for its modern architecture and vibrant culture, is also home to some of the most...
Read More
5 Insider Tips From Real Estate Experts On How To Get The Best Deal On Property In Singapore
Mandarin Top 5

5 Insider Tips From Real Estate Experts On How To Get The Best Deal On Property In Singapore

Investing in property can be a great way to build wealth and secure your financial future. However, with Singapore's highly...
Read More
The Hidden Worth of Singapore’s Far-Flung HDBs
All Opinion Reports

The Hidden Worth of Singapore’s Far-Flung HDBs

TLDR Location is important in Singapore’s property market, but “ulu” (remote) HDB flats in areas like Woodlands, Choa Chu Kang,...
Read More
Top 5 Live Music Venues in Singapore
Mandarin Top 5

Top 5 Live Music Venues in Singapore

Singapore, a vibrant and multicultural city-state, is well-known for its diverse food scene, stunning architecture, and bustling shopping districts. However,...
Read More
Singapore’s Property Insights : Where to Find 5 Hidden Gems?
Mandarin Top 5

Singapore’s Property Insights : Where to Find 5 Hidden Gems?

Singapore's Property Insights : Where to Find 5 Hidden Gems? With its booming economy, vibrant culture and attractive regulations, Singapore...
Read More
1 … 20 21 22 23 24 … 36

Compare Listings