Why you should consider buying as "Central" as possible i.e. CCR, then RCR, before OCR.

Price trend of non-landed homes over last 10 years (see below)

 

Non-landed private homes

Source: Sales+, ERA Research and Market Intelligence

 

Buy as Central as possible: CCR vs RCR (See below):

 

Sean was deciding between buying a new home at CCR or RCR in 2019. After consulting his ERA Trusted Adviser, he decided to invest in a studio unit at The M. He sold his unit after 40 months and pocketed a net profit of $159k. If he had chosen to purchase the studio apartment at Parc Clementi, he would have made a net profit of only $90k.   

 

Source: URA, ERA Research and Market Intelligence

 

Buy as Central as possible: RCR vs OCR (See below):

 

In 2018, Farah was deciding between buying a new home at RCR or OCR. She decided to buy Parc Esta, which is in the Rest of Central Region (RCR) rather than Sengkang Grand Residences located Outside Central Region (OCR). After 43 months, she sold her unit and pocketed a net profit of $228k. if she has gone ahead to purchase the unit at Sengkang Grand Residences, her net profit would have only been $64k.    

 

Source: URA, ERA Research and Market Intelligence

 

 

Disclaimer 

This information is provided solely on a goodwill basis and does not relieve parties of their responsibility to verify the information from the relevant sources and/or seek appropriate advice from relevant professionals such as valuers, financial advisers, bankers and lawyers.

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