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 Older amenities: Resale properties may have older or outdated amenities that need to be updated or replaced, which in turn will incur more costs for the residents to maintain.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issues: Resale properties may have hidden issues that are not immediately apparent, such as structural problems or outdated systems.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


Five Pitfalls of Selling a Home for the First Time
All Blog Posts Buying Tips

Five Pitfalls of Selling a Home for the First Time

TLDR When selling your first home, avoid holding out for a better offer as it may backfire. Let your agent...
Read More
7 Frequently Overlooked Questions That New Condo Buyers Should Ask At The Showflat To Avoid Any Regrets In The Future!
All Buying Tips Opinion

7 Frequently Overlooked Questions That New Condo Buyers Should Ask At The Showflat To Avoid Any Regrets In The Future!

TLDR Newly launched condominium buyers face uncertainties about price changes, proximity to schools, construction methods, maintenance costs, elevator availability, commercial...
Read More
Step-By-Step Guide To Buy Resale HDB (Updated March 2023)
All Blog Posts Buying Tips

Step-By-Step Guide To Buy Resale HDB (Updated March 2023)

TLDR The process of purchasing a resale HDB flat involves steps such as checking eligibility, calculating affordability, registering intent to...
Read More
First-Time Homeownership After 40 in Singapore: Navigating Unique Risks
All Buying Tips Opinion

First-Time Homeownership After 40 in Singapore: Navigating Unique Risks

TLDR Older first-time homebuyers face unique challenges including lease decay risks, stricter loan-to-value (LTV) limits, and shorter loan tenures leading...
Read More
Top 5 : Benefits of Investing in Older vs. Newer Singapore Property Market Condos for International Buyers?
Mandarin Top 5

Top 5 : Benefits of Investing in Older vs. Newer Singapore Property Market Condos for International Buyers?

Singapore's property market has long been an attractive investment destination for international buyers, offering a stable and well-regulated environment with...
Read More
Discover 7 New Condos Close to an MRT Station in 2023
All Blog Posts Buying Tips

Discover 7 New Condos Close to an MRT Station in 2023

TLDR When it comes to finding the perfect home near MRT stations in Singapore, several exciting new launches stand out...
Read More
Thinking About Investing In An Old Landed Property In Singapore? 7 Crucial Tips To Keep In Mind Before You Make Your Move
All Buying Tips

Thinking About Investing In An Old Landed Property In Singapore? 7 Crucial Tips To Keep In Mind Before You Make Your Move

TLDR Older properties come with unique challenges due to outdated design elements, potential roofing issues, odd land shapes, basement drawbacks,...
Read More
Why Can’t We Buy Low, Sell High?
All Opinion

Why Can’t We Buy Low, Sell High?

Madam Tan voiced that approximately two years ago, when her apartment hit its minimum occupation period, she and her spouse...
Read More
The Rise of New Launch 2-Bedroom Condos: Why Homebuyers are Prioritizing Them Over Resale Options in 2025
All Buying Tips Opinion Selling Tips

The Rise of New Launch 2-Bedroom Condos: Why Homebuyers are Prioritizing Them Over Resale Options in 2025

TLDR Two-bedroom condominiums are shifting from primarily rental investments to popular family homes, especially among small families and HDB upgraders,...
Read More
Retiring in Singapore? Here’s Where to Find the 5 Best Property Investments for Comfort and Security!
Mandarin Top 5

Retiring in Singapore? Here’s Where to Find the 5 Best Property Investments for Comfort and Security!

Retirees have unique needs when it comes to property investments. They require properties that offer comfort, security, and easy access...
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
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
6 Hot Property Market Trends in Singapore 2024: What Buyers Should Anticipate
All Buying Tips Opinion

6 Hot Property Market Trends in Singapore 2024: What Buyers Should Anticipate

TLDR When diving into Singapore's property market, expect a rollercoaster ride as trends shift drastically in 2024. Landlords and tenants...
Read More
Top 5 Instagram-Worthy Spots in Singapore
Mandarin Top 5

Top 5 Instagram-Worthy Spots in Singapore

Singapore, a beautiful city-state known for its stunning architecture, lush greenery, and vibrant culture, is a photographer's paradise. The island...
Read More
Resale Viewing Do’s and Don’ts: Expert Advice from a Singapore Real Estate Agent
All Blog Posts Buying Tips

Resale Viewing Do’s and Don’ts: Expert Advice from a Singapore Real Estate Agent

TLDR The blog post provides valuable insights for first-time buyers on navigating the resale property market in Singapore. It covers...
Read More
5 Things to Know About Singapore’s Public Housing System
Mandarin Top 5

5 Things to Know About Singapore’s Public Housing System

5 Things to Know About Singapore's Public Housing System With over 80% of Singaporeans living in public housing, it's important...
Read More
Your Key to a Happy Retirement in Your HDB? Let’s Unveil The Mystery Behind the Lease Buyback Scheme!
All Buying Tips

Your Key to a Happy Retirement in Your HDB? Let’s Unveil The Mystery Behind the Lease Buyback Scheme!

TLDR The Lease Buyback Scheme (LBS) is gaining traction among older Singaporeans looking to boost their retirement income by selling...
Read More
When to Strike Gold: The Ultimate Guide to Selling Your House in Singapore!
All Buying Tips

When to Strike Gold: The Ultimate Guide to Selling Your House in Singapore!

TLDR When deciding the best time to sell your property, consider various factors such as market trends, financial goals, and...
Read More
5 Untold Risks Of Buying An Old Freehold Condo In Singapore
All Buying Tips Opinion Selling Tips

5 Untold Risks Of Buying An Old Freehold Condo In Singapore

TLDR Old freehold condos in Singapore may seem attractive due to lower prices, but they come with hidden pitfalls. Longstanding...
Read More
Top 5 Case Study : The Dark Side of Property Investing in Singapore: Scams, Fraud, and Risks
Mandarin Top 5

Top 5 Case Study : The Dark Side of Property Investing in Singapore: Scams, Fraud, and Risks

Singapore's property market has long been considered a lucrative investment sector, attracting investors and speculators looking to profit from the...
Read More
1 6 7 8 9 10 34

Compare Listings