Market Digest 19 Nov 2020

Hope you're doing great! Here's another market digest to help you identify some very interesting opportunity that may not surface for a long long time again if missed.

In recent weeks, there has been mixed news that may confuse some buyers.  On one hand, it was reported that private NEW home sales plunged 51.7% in October due to new curbs on reissuance of options. On the other hand, just over the past weekend, The Linq at Beauty World was almost sold out in just one launch weekend at a very respectable price range of around $2100 psf +/-.

On a separate note, my resale listings enquiries have increased significantly, especially for large units. 

One of my recent 2002 sqft listing in D10 was also sold out in just 2 weeks of exclusive marketing at a record price for units of similar size.

So where is the market heading?  Could you still identify precious new launches that could offer tremendous upside potential in this market?

I would like you to pay special attention to Ki Residences - preview starting tomorrow 20 Nov 2020, and balloting day is estimated to be on the first week of December 2020.

Check out this video on how we methodically piece up bits and pieces of information to answer the question on whether Cross Island Line would be built near Ki Residences.  I will let you answer the question yourself with this info

 

https://www.youtube.com/watch?v=P60qO72vvDY

 

MRT Wealth Effect

The rapid increase in property prices has been witnessed time and again from many other developments - especially AFTER the announcement is made. 

How often can we identify an asset where everyone goes in around the same psf and ride the rising tide together?

At an estimated guide price of around $1750psf for a 999 years property, Ki Residences is definitely worth a serious look - whatsapp me at 96971131 for a preview appointment due to stringent entry guidelines (COVID measure).

For more details, please also check out

https://singaporeproperty.tv/topic/ki-residences

Best regards,

PK SOH

+65 9697 1131

CEA Salesperson's Licence R004488E

Huttons Asia Pte Ltd