Fraud Blocker
Your search results

Top 5 Factors : Buying Resale vs New Launch Property in Singapore: Which is Better?

Posted by Jayson Ang on November 3, 2024
| 0

The decision to invest in a property in Singapore can be both exciting and daunting, especially when faced with the choice between a resale property or a new launch property. Each option has its own set of advantages and disadvantages, and the best choice ultimately depends on your individual needs, preferences, and financial situation.

We will explore the top 5 factors to consider when deciding between a resale and a new launch property in Singapore, along with an introduction and conclusion to help you make an informed decision.

Top 5 Factors:

1. Facilities and Amenities: New launch properties often come with modern facilities, features, and designs that cater to the latest trends and preferences. These may include smart home technology, commercial spaces within the development, and state-of-the-art recreational facilities. On the other hand, resale properties may have older facilities but could be located closer to established amenities such as schools, shopping centers, and public transportation.

2. Unit Size: Resale properties generally offer larger unit sizes compared to new launch properties, as developers in the past had more space to work with. If having a spacious living area is a priority for you, a resale property might be a better choice.

3. Payment Schedule and Financing Options: When purchasing a new launch property, buyers are required to make payments in stages, with a 5% cash payment upon booking and signing the Option to Purchase (OTP). Resale properties, however, require a higher down payment (minimum 25%) and may have more flexible financing options

4. Capital Appreciation Potential: New launch properties may offer higher potential for capital appreciation due to their modern facilities and features, as well as upcoming developments in the area. However, resale properties in prime locations with strong demand may also see significant capital appreciation over time.

5. Rentability: If you plan to rent out your property, consider the rental demand in the area and the type of tenants you wish to attract. New launch properties may appeal to tenants who prefer modern facilities and designs, while resale properties may attract those who prioritize space and proximity to amenities.

In conclusion, the decision between buying a resale property or a new launch property in Singapore depends on various factors such as facilities, unit size, payment schedule, capital appreciation potential, and rentability. It is essential to carefully weigh the pros and cons of each option and consider your individual needs and financial situation before making a decision. By taking these factors into account, you can make an informed choice that best suits your property investment goals and preferences.

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 : Potential Risks Should Be Considered When Investing Property Within Singapore’s Competitive Real Estate Markets
Mandarin Top 5

Top 5 : Potential Risks Should Be Considered When Investing Property Within Singapore’s Competitive Real Estate Markets

Singapore, a bustling financial hub in Southeast Asia, has seen its real estate market flourish over the years. The city-state's...
Read More
Top 5 Reasons : Why Ultra-Rich Families Racing To Park Wealth In Singapore
Mandarin Top 5

Top 5 Reasons : Why Ultra-Rich Families Racing To Park Wealth In Singapore

Singapore, a small island nation in Southeast Asia, has become a magnet for the world's ultra-rich families seeking to park...
Read More
Top 5 Bakeries in Singapore for Fresh Bread and Pastries
Mandarin Top 5

Top 5 Bakeries in Singapore for Fresh Bread and Pastries

Singapore, a melting pot of cultures and flavors, is well-known for its diverse culinary scene. Among the many gastronomic delights...
Read More
5 Disastrous Property Transaction Nightmares (and How to Avoid Them)!
All Blog Posts Buying Tips

5 Disastrous Property Transaction Nightmares (and How to Avoid Them)!

TLDR When attempting to sell your property, various worst-case scenarios can hinder the sale process significantly. These scenarios include buyers...
Read More
Should Buying A Low Lease Project Be A Viable Option?
All Blog Posts Opinion

Should Buying A Low Lease Project Be A Viable Option?

TLDR When considering low lease projects in Singapore, it's crucial to evaluate your individual needs, financial standing, and future plans....
Read More
Why The URA Master Plan Matters For Your Property’s Potential
All Buying Tips

Why The URA Master Plan Matters For Your Property’s Potential

TLDR The URA Master Plan entails significant shifts like the relocation of Paya Lebar Airport or creation of Punggol Digital...
Read More
Top 5 Factors : Buying Resale vs New Launch Property in Singapore: Which is Better?
Mandarin Top 5

Top 5 Factors : Buying Resale vs New Launch Property in Singapore: Which is Better?

The decision to invest in a property in Singapore can be both exciting and daunting, especially when faced with the...
Read More
Top 5 : Most Profitable Neighborhoods To Invest In For Singapore Property Investment 2025
Mandarin Top 5

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
HDB Owners Missing Out on the “Ultimate Upgrade” to Landed Living
All Buying Tips Opinion

HDB Owners Missing Out on the “Ultimate Upgrade” to Landed Living

TLDR Over the past two decades in Singapore, the trend of HDB residents upgrading to landed properties has fluctuated. While...
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
Singapore Homes Prices Falling? Is This The Beginning Of A New Trend?”
All Buying Tips Opinion

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
The Future Of Singapore Property Investing: 5 Trends To Watch Out For
Mandarin Top 5

The Future Of Singapore Property Investing: 5 Trends To Watch Out For

The future of Singapore's property market is shaped by several emerging trends that reflect cautious optimism, enviable locations, and sociable...
Read More
Exploring Singapore: The Top 5 Surprising Facts You Never Knew
Mandarin Top 5

Exploring Singapore: The Top 5 Surprising Facts You Never Knew

Singapore, a city-state in Southeast Asia, is known for its rich cultural heritage, diverse population, and vibrant food scene. This...
Read More
Discover How The CPF Accrued Interest Can Impact Your Property Sale Proceeds
All Blog Posts Buying Tips

Discover How The CPF Accrued Interest Can Impact Your Property Sale Proceeds

Singaporeans are renowned for being smart and savvy - especially when it comes to selling their homes, whether it's an...
Read More
What Has Been The Most Significant Development In The Real Estate Market In 2022
All Blog Posts Opinion

What Has Been The Most Significant Development In The Real Estate Market In 2022

TLDR In 2022, the real estate market saw significant interest rate hikes affecting home loan rates. Despite concerns, the market...
Read More
Top 5 Things to Do in Singapore on a Rainy Day
Mandarin Top 5

Top 5 Things to Do in Singapore on a Rainy Day

Singapore, the beautiful island city-state, is known for its sunny weather and stunning attractions. However, even in this tropical paradise,...
Read More
Top 5 Benefits Of Singapore’s Cooling Measures For Home Buyers
Mandarin Top 5

Top 5 Benefits Of Singapore’s Cooling Measures For Home Buyers

Singapore's real estate market has experienced rapid growth in recent years, leading to concerns about affordability and sustainability. In response,...
Read More
Top 5 Surprising Benefits of Investing in Singapore Real Estate for Foreigners
Mandarin Top 5

Top 5 Surprising Benefits of Investing in Singapore Real Estate for Foreigners

Singapore, a thriving city-state in Southeast Asia, has become an attractive destination for foreign investors looking to diversify their investment...
Read More
Top 5 : Key Reasons to Invest in Industrial Property in Singapore
Mandarin Top 5

Top 5 : Key Reasons to Invest in Industrial Property in Singapore

Singapore, a small yet densely populated country, has emerged as a significant player in the global industrial property market. Its...
Read More
Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!
All Buying Tips

Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!

TLDR When considering purchasing an older flat, ensure to thoroughly inspect wet areas for leaks, check balcony conditions, watch out...
Read More
1 2 3 28

Compare Listings