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    Home»Business»Related parties of developers should go slow in buying condo homes at new launches.
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    Related parties of developers should go slow in buying condo homes at new launches.

    AdminBy AdminNo Comments1 Min Read
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    Support building a “we first” society by giving third parties a fairer shake to secure choice units

    [SINGAPORE] Is it a case of ‘trade tariffs and tariffs-related economic uncertainty be damned’? Prices of Certificate of Entitlement for passenger cars, which confer the right to own a car here, are at elevated levels, while there has been frenzied buying at some recent new condominium launches.

    After saving assiduously, pulling together a budget of around S$2 million and studying the housing market, you visit a swanky show flat and find your dream home. Hold on, you may need to get lucky to secure that 650 square feet (sq ft) unit in a prime district or 900 sq ft suburban home that you are eyeing.

    Recently, several major new condo launches saw strong take-up, leaving many people unable to secure units in popular stacks and floors. 

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