Condos Nearing ABSD Deadline with Huge Discounts!

These 3 condos are reaching their 5 years ABSD deadline. Developers usually give massive discounts to clear off their unsold inventory. Would it be a good time to enter if you are looking for deals? Or is it too good to be true? Let me know what you think!

Disclaimer: Actual prices and units may differ from the time of the video.

#singaporeproperty #realestatesingapore #realestate #singaporeproperty #singaporerealestate #newlaunch2024 #

[junjun]

cuscaden reserve is <2km from scgs. if parent is alumni and has daughter actually can be for own stay. phase 2A <2km is a shoo-in for scgs primary. on the other hand, uol orchard boulevard bid is beyond 2km. hence that the comparative advantage of cuscaden. if uol floor plans are modern and efficient, cuscaden might encounter more problems during resale.

one bernam face lots of resale competition from eon shenton and 76 shenton. upcoming newport might block some of one bernam view.

landmark upside is the pearlhill transformation. ura going to inject 6000 hdb/condo. sadly hdb likely prime type. i can envision the upside in terms more amenities and park facilities. short term construction noise not to the advantage. one pearl bank also manage to sell out and has good subsale volume but annualised return is relatively weak at ~1-2%.

however, at current pricing prefer cuscaden to landmark and one bernam. but horizon is 15-20 years and really for own stay, and not for capital appreciation

[kylingkwan]

Developers need to be responsible for their inflated land bids.