It doesn't matter which segment of real estate you shopping in, the golden rule for a safe purchase is having the correct entry price.
Allow me to demonstrate how you can spot an undervalued property and make a safe entry.
Firstly, let's establish that the average price of a 99-year new launch in the CCR today averages at $3,489 psf.
And if we were to look specifically at 99-year new launches in Districts 9 & 10, they all average at $3,378 psf.
In fact, the average price of a new home in the CCR grew the most in 2024 when compared to the prices last year. It sits at an average of $3,127 psf.
In one of the latest GLS exercises, the plot of land at Orchard Boulevard would have to be sold at $2,917 in order for the developer to make a 10% profit. So with rising construction costs, how much do you think this project would eventually be priced at?
Presenting Cuscaden Reserve, a luxurious development in District 10 that sits on one of the most prestigious roads in Singapore.
The price of Cuscaden Reserve starts at $2,856 psf. Comparing the price gap between a 99-year new launch and Cuscaden Reserve, we observe that the gap between them is actually really close.
Why is Cuscaden Reserve a Must-Buy?
1. The entry price is lower than CCR new launches
2. It is also lower than new launches in D9 or 10
3. The price you are entering is just slightly more than an RCR new launch
4. Future new launches in the area will be selling even more than what you're paying for today
Reach out to me if you would like to find out more about this amazing opportunity.
Project Detail:
https://cuscadenreserve-83680833.propnex.net/
Disclaimer:
PropNex Realty Pte Ltd or its salespersons will not be responsible for any errors or omissions or for the results obtained from the use of this information. All information is provided with no guarantee of accuracy. If in doubt, kindly seek appropriate advice from your financial advisors or bankers before you make any property investment decision.
