Top 6 Best Selling Condo that GUARANTEES Profit
We have been looking for a new condo to upgrade to and still waiting for the right moment and the right condo. With so many choices right now in the market, which are the best condominiums that buyers are snatching up.
These condominiums have similar traits and are GUARANTEED to have a profit when you sell them.
If a condominium is a hot seller, definitely when reselling it back to the open market, the owner will definitely be able to make a greater profit and also have more buyers keen to purchase your property.
The similarity to the below 6 condominiums are RIGHT Entry Price, RIGHT location, RIGHT future growth and strong RENTAL return. Here are the top 6 best selling condominiums…
Treasure @ Tampines
With an attractive entry price at $13xx psf, Treasure @ Tampines is the most affordable new launch condominium project in Singapore. Besides being only 6 minutes away from Simei MRT Station, this new condo is surrounded by numerous neighbourhood schools and is located near the Tampines Regional Commercial Central which drives tenants from the Commercial Hub and also Changi Airport. 1 of the key reason for the high demand is that this condominium is priced lower than its competitor which is further away from the MRT station. Definitely worth to check this out!
Location
4/5
Price
5/5
Growth Potential
4/5
Rental
5/5
1 Bedroom from $677,000
2 Bedroom from $795,000
3 Bedroom from $1,112,000
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Affinity @ Serangoon
Sales start to pick up strong on 2 news; the news by URA on the location of the future Serangoon North MRT station along the Cross Island MRT Line & price as compared to its neighbour.
From $15xx psf, this condominium gives a very luxurious resort feel and give good quality finishing. With the opening of the new MRT line in 2029, there is no doubt this will be the condominium with the highest growth.
Located 1 km away from Rosyth, this development will sure to be popular during resale.
Location
4/5
Price
5/5
Growth Potential
5/5
Rental
4/5
1 Bedroom from $719,000
2 Bedroom from $1,000,000
3 Bedroom from $1,275,000
The Tre Ver
One of the most under-valued property right now in the market, Tre Ver is priced at $15xx psf while the average of the City-fringe is between $1900 – $2200 psf.
Located right next to a river and near St Andrews School, Tre Ver is developed by UOL, Singapore’s top 3 developer. Another amazing detail is that it is design by Woha architects which integrats hanging vegetation on the condominium which makes it unique.
Moreover, this is 1 of the few developments that gives marble flooring. Undervalue, unique, close to good schools and luxurious finishing, what more can you ask for?
Location
5/5
Price
5/5
Growth Potential
4/5
Rental
4/5
1 Bedroom from $844,000
2 Bedroom from $1,212,000
3 Bedroom from $1,626,000
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Jadescape
Located just 5 mins walk away from Marymount MRT station, Jadescape is the only new development launched in the North. Being close to minutes walk away from Upper Thomson new MRT station will make it close to 2 MRT station which will strengthen future growth.
With nearby Sin Ming Autocity, 1 stop to Bishan MRT and short distance to Orchard Road, this development will cater for a strong rental crowd.
Moreover, Raffles Institution is just across the field and there will be a strong demand for resale in future for parents who want to give their kids walking distance home from school.
Location
4/5
Price
4/5
Growth Potential
5/5
Rental
4/5
1 Bedroom from $856,000
2 Bedroom from $1,168,000
3 Bedroom from $1,448,000
Parc Esta
Parc Esta is a luxury Condominium developed by MCL and is only 3 minutes walk away from Eunos MRT.
The main selling point is the location. Just 1 MRT station or a 3 minutes ride from Paya Lebar Regional Hub, Parc Esta is definitely worth looking at in terms of investment.
Moreover, when you look at the URA Masterplan, Paya Lebar will continue to grow as a regional hub and yet there is no more land supply around Eunos.
Last but not least, there are several good schools within 1km from Parc Esta such as Haig Girls School.
Location
5/5
Price
4/5
Growth Potential
4/5
Rental
5/5
1 Bedroom from $793,000
2 Bedroom from $1,067,000
3 Bedroom from $1,416,000
Parc Clementis
Last but not least, we have Parc Clementis, the only top selling condominium in the West.
This condominium is so popular at launch at all the 1 bedrooms are sold out! Main reason why people buy this for investment rental is due to 1. there is a limited supply of condominium in clementi, 2. there is several education institution in the West of Singapore, 3. it is a few minutes away from Jurong East, SIngapore’s 2nd CBD.
With just a 5 minutes walk to Clementi MRT and Nan Hua Primary just opposite, Parc Clementis has drawn several buyers, both investors and for own stay.
Location
4/5
Price
4/5
Growth Potential
4/5
Rental
5/5
1 Bedroom+ Study from $815,000
2 Bedroom from $1,056,000
3 Bedroom from $1,331,000
Honorable Mention: Marina One
After reading, you might ask, so which project is the most under-value?
With Core Centre Region (CCR) of Singapore prices ranging from $3000-4000 per square foot, imagine you can invest in one in the middle of the CBD and price from $2200 per square foot!
Superb location with 3 MRT station, a mixed development with shops, restaurants and MRT just below, direct connection to Raffles Place and in the heart of the CBD with prices lower than resale, what more can you ask for?
The only drawback is that this is not for the mass market investors. With sizes bigger than normal condominiums, prices are steeper.
Location
5/5
Price
5/5
Growth Potential
5/5
Rental
5/5
1 Bedroom+ Study from $1,635,000
2 Bedroom from $2,753,000
3 Bedroom from $3,564,000
For floorplans and info, click “here”
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In summary, what all these developments have in common are
- Under value properties
- Near to MRT
- Strong growth future potential
- Near commercial zones which leads to strong rental yield
- Near good schools which spike the demand for resale
Do register to give me a call if you are keen to know more about each projects or visit the showflat.
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