Looking for a New Launch?

In this week's property tips, we discuss what are some key factors to look out for when buying a new launch property. Full Video here!

1) MRT Stations 2) Renowned Schools

3) Surrounding Amenities

4) Does this property suit your family's lifestyle needs?

5) What is the land cost and the developer's profit margin?

6) What does surrounding resale prices tell you about the area's demand?

7) How are the surrounding rental contracts? You have probably heard from many agents that new launches definitely make money, however that is often not true. There are many new launches that end up as costly regrets for their buyers, hence it is crucial to take a deeper dive to explore the intrinsic value of a property and also its future growth potential.

These factors are just to provide some guidelines to kickstart your search, however I do believe in a more comprehensive approach by taking a look at your short term needs and long term goals. Feel free to reach out if you are exploring buying a new launch property and I'll be more than happy to show you how I consistently choose winning properties for my clients!