Fraud Blocker
Your search results

5 Cons Of Buying A Resale Property

Posted by Jayson Ang on March 7, 2024
| 0

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 Older amenities: Resale properties may have older or outdated amenities that need to be updated or replaced, which in turn will incur more costs for the residents to maintain.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issues: Resale properties may have hidden issues that are not immediately apparent, such as structural problems or outdated systems.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 …


Ouch! Our $1.8 Million Condo Investment Blunder: Unpacking 5 Crucial Takeaways from Our Bad Experience
All Buying Tips Opinion

Ouch! Our $1.8 Million Condo Investment Blunder: Unpacking 5 Crucial Takeaways from Our Bad Experience

TLDR The blog post delves into the complexities of real estate investments using Bob's experiences as examples. It highlights the...
Read More
The Unsung Importance of Property Finishing: More Than Just Aesthetics
All Buying Tips

The Unsung Importance of Property Finishing: More Than Just Aesthetics

TLDR Many homebuyers overlook the importance of high-quality finishes in properties, assuming they will renovate later or that tenants won’t...
Read More
Top 5 : Places to See Singapore’s Skyline at Night
Mandarin Top 5

Top 5 : Places to See Singapore’s Skyline at Night

Singapore, a bustling metropolis known for its stunning skyline, offers an array of vantage points to witness the city's architectural...
Read More
5 Tips : How To Invest In Singapore Property Without Losing Sleep Over It
Mandarin Top 5

5 Tips : How To Invest In Singapore Property Without Losing Sleep Over It

Investing in Singapore's property market can be a lucrative venture, but it's important to approach it with caution and a...
Read More
Top 5 Parks and Nature Reserves to Visit in Singapore
Mandarin Top 5

Top 5 Parks and Nature Reserves to Visit in Singapore

Singapore, often referred to as the "Garden City," is a vibrant and diverse nation that has made significant strides in...
Read More
Multiple Property Ownership in Singapore: A Different Landscape in 2025
All Buying Tips

Multiple Property Ownership in Singapore: A Different Landscape in 2025

TLDR Owning multiple properties in Singapore in 2025 is tougher due to higher Additional Buyer’s Stamp Duty (ABSD), stricter Loan-to-Value...
Read More
The High Price of Picking the Wrong Property in Singapore in 2025
All Buying Tips Opinion

The High Price of Picking the Wrong Property in Singapore in 2025

The Steep Price Of Making A Mistake When Buying Property In Singapore Are you yearning for a condo, but the...
Read More
Challenging the Myth of Lease Decay: Older Leasehold Condos Outperforming Newer Ones
All Buying Tips Opinion

Challenging the Myth of Lease Decay: Older Leasehold Condos Outperforming Newer Ones

TLDR Older leasehold condos in Singapore, particularly those built in the 1980s and 1990s, have shown annualised price growth exceeding...
Read More
Top 5 : Reasons why Freehold Properties Cost More in Singapore
Mandarin Top 5

Top 5 : Reasons why Freehold Properties Cost More in Singapore

Freehold properties, a term often heard in the real estate market, are properties that are "free from hold" of any...
Read More
The Impact of a Real Estate Agent on Your Property’s Selling Price
All Buying Tips Opinion

The Impact of a Real Estate Agent on Your Property’s Selling Price

TLDR In the world of real estate, the value of property agents lies in their ability to create competition among...
Read More
Apply Your HDB HFE Letter in 5 Easy Steps: A Simplified Guide for 2023
All Buying Tips

Apply Your HDB HFE Letter in 5 Easy Steps: A Simplified Guide for 2023

TLDR The HDB Flat Eligibility (HFE) letter has experienced delays since its introduction alongside the HDB Flat Portal in May...
Read More
Top 5 Tips : How Investors Protect Themselves From Risk And Capitalize On Emerging Opportunities In Singapore’s Real Estate Landscape
Mandarin Top 5

Top 5 Tips : How Investors Protect Themselves From Risk And Capitalize On Emerging Opportunities In Singapore’s Real Estate Landscape

The real estate landscape in Singapore has always been a lucrative investment opportunity for both local and international investors. However,...
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
Is 2024 the Perfect Moment to Refinance Your Home Loan? Discover What Homeowners Should Consider!
All Buying Tips

Is 2024 the Perfect Moment to Refinance Your Home Loan? Discover What Homeowners Should Consider!

TLDR The article covers the shift to SORA for home loan rates, urging consideration of refinancing options amidst rising rates....
Read More
Singapore’s Urban Landscape Transformation: 5 Key Things You Need to Know
Mandarin Top 5

Singapore’s Urban Landscape Transformation: 5 Key Things You Need to Know

Singapore's urban landscape has undergone significant changes over the years, with the city constantly evolving to create a sustainable and...
Read More
Discover Singapore: 5 Must-See Attractions for a Culture Lovers’ Paradise
Mandarin Top 5

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
3 Errors to Steer Clear of When Transitioning from Private Property to an HDB Flat
All Blog Posts Buying Tips Opinion Selling Tips

3 Errors to Steer Clear of When Transitioning from Private Property to an HDB Flat

TLDR Homeowners may downsize from private properties to HDB flats for various reasons, such as financial benefits and lower maintenance...
Read More
Unveiling 4 Scenarios of CPF Accrued Interest Impact on Property Owners
All Blog Posts Opinion Selling Tips

Unveiling 4 Scenarios of CPF Accrued Interest Impact on Property Owners

TLDR When selling your first home, be aware of CPF accrued interest, which is the interest that would have accumulated...
Read More
Lessons from the Rollercoaster Ride: Homebuyers Share Their Singapore Housing Market Experiences
All Buying Tips

Lessons from the Rollercoaster Ride: Homebuyers Share Their Singapore Housing Market Experiences

TLDR The Singapore housing market is a rollercoaster of unpredictable changes. Three homebuyers share their experiences: Tristan waited too long...
Read More
Debunked! 6 Popular Property Myths of 2023, Including the 99-1 Loophole – Legal or Not?
All Buying Tips Opinion

Debunked! 6 Popular Property Myths of 2023, Including the 99-1 Loophole – Legal or Not?

TLDR This blog post delves into various aspects of the Singapore property market, including topics such as decoupling, 99-1 property...
Read More
1 30 31 32

Compare Listings