For property hunters who are unfazed by the 5 to 10% decline in stock market prices over the last week, 2018 still presents some condominiums with good investment and rental potential to consider.
Here’s a list of new launch condominiums that are targeted to be launching in 2018 or have already been launched.
For those who want to jump on the bandwagon on property investing and take the opportunity to buy new launch 2018 condominiums while prices are in a trough, here’s your chance.
New launch condos in 2018
|Project||Developer||Number of units|
|70 @ Truro||Ming Teik||24|
|Rivercove EC||Hoi Hup||630|
|Lor K Telok Kurau||Macly||13|
|Lor 30 Geylang||Macly||27|
|8 Hullet Road||Lian Huat Group||44|
|Harbour View Gardens||Roxy||57|
|1177 Serangoon Road (Jui Residences)||DSB||117|
|Belgravia Phase 2||Tong Eng||81|
|J Park – Flora Drive||Hong Leong||428|
|494 Upper East Coast Road (Sea Pavilion Residences)||Oxley||24|
|231 Pasir Panjang Road (The Verandah Residences)||Oxley||170|
|120 Grange Road||Roxy||50|
|Serangoon Ville||Oxley, Apricot, LB & KSH||1,200|
|Rio Casa||Oxley, Apricot, LB & KSH||1,472|
|Seraya Crescent||Tee Land||17|
|The Albracca||Sustained Land||65|
|12 Amber Park||Aurum Land||70|
|45 Amber Gardens (Amber 45)||UOL||190|
|3 Cuscaden Walk||Sustained Land||96|
|1 Draycott Park||SDB||64|
|Casa Contendere||Tee Land||70|
If you’ve lost touch with the property market and are not sure whether a 2018 new launch condo is right for you, here’s a good list of information such as rents, prices, supply and vacancy for your reference.
Essentially, most analysts are saying that prices as measured by the URA price index reached a trough in 3Q2017.
This came after an approximately 10% decline in residential prices since 2013.
Anecdotally, brokers, agents, researchers and investors are saying that prices are on the mend and buyers are willing to put up a higher price to secure the unit or bloc of units they desire.
Also read: How is SIBOR calculated
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