STOCK MARKET IS BAD! NEW LAUNCH PRIVATE IS SELLING 90% IN ONE DAY! WHY?
- Aaron Lin
- Apr 23
- 1 min read
This video explores the paradox of a robust Singaporean new launch property market amidst a struggling stock market. Aaron Lin discusses why buyers are still actively investing in new private properties and Executive Condominiums (ECs) despite broader economic uncertainty.
Key Insights:
New Launch Success: The creator highlights specific examples like River Modern and recent EC launches that achieved approximately 90% sales on their launch day, despite high price points (3:00-4:05).
Buyer Demographics: Lin analyzes the profiles of these buyers, noting that while traditional investors and parents helping children remain a factor, a significant portion of EC buyers are new citizens who are still eligible for first-timer subsidies (7:33-9:33).
Why New Launch Over Resale:
Future-Proofing: Investors are focusing on long-term value, as older condos face issues with 95-year rules, loan restrictions, and deteriorating interior conditions (11:15-12:35, 16:07-16:34).
Progressive Payments: Low interest rates combined with progressive payment schemes make new launches more manageable for investors compared to immediate, full-commitment resale properties (10:00-11:05).
Strategic Renting: Some buyers prefer to rent low-cost units while waiting for their new investment to be completed, viewing it as a safer long-term strategy in the current economic climate (14:58-15:52).
Conclusion: The creator concludes that the property market is shifting. He argues that investing in aging condos is becoming less attractive, while new launches offer fewer restrictions and better potential for appreciation, serving as a "money-making opportunity" for those who understand the current supply and demand dynamics (13:35-14:40, 16:34-17:33).
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