19 Jul '17, 2pm

New: Understanding the Current En-Bloc Buzz via the Property Life Cycle

Understanding the Current En-Bloc Buzz via the Property Life Cycle July 19, 2017 By Eugene Huang Properties have life cycles, just like us. We know that property prices are largely driven by demand and supply. When we examine the correlation between the price and age of a property, we exclude external influences like demand, supply, inflation, immigration policies, infrastructure changes, etc. Let’s look at the profile of a typical 99-year leasehold or freehold condominium since it forms the majority of private residential properties in Singapore. The launch – forming of a property After land is acquired and architectural plans are drawn, a developer will launch the property for sale. At this stage, prospective buyers do not get to see a finished product. Instead, they purchase the property based on drawings, plans, and probably a nice model of what the development looks l...

Full article: https://www.propwise.sg/understanding-the-current-en-bloc...

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