As agents, we strive to bring the best value to our clients, not just to close a deal, but because we understand how powerful real estate can be in shaping their retirement and legacy.

 

There is an absolutely great opportunity to a new development that you should definitely not miss. Here are three Game-Changing reasons you can’t afford to miss this!

 

1. RCR Development for OCR Price

Just by looking at the header, you can already tell this development is a fantastic deal.

If we dive into the charts above, you’ll see that the current OCR average price hovers around $2,200 psf, which is about the same as RCR prices back in Q2 2022.

 

So here’s the question:

What if this development is priced at today’s OCR levels and at RCR’s 2Q2022 prices?

 

2. Land Bid Price

Land bid prices tell a lot about a project’s pricing potential. The lower the developer pays for the land, the more competitive they can be with the selling price. For instance, Penrith in the RCR had a land price of $1,154 psf and sold at an average of $2,8XX psf. Meanwhile, Faber Residence in the OCR came in at $900 psf for land and sold at an average of $2,160 psf.

The upcoming development I’m about to introduce has a land bid price of $841 psf. Can you guess what its selling price might be? At this price, it is even lower than many projects that will be launched next year in the OCR!!

 

3. Safe Entry

A safe entry into a project not only gives you peace of mind today but also makes it easier to exit in the future. Based on the points discussed earlier, what factors determine a safe entry?

 

  • RCR project selling at OCR prices – getting RCR value at OCR rates

 

  • Project priced at old valuations – current price still reflects Q2 2022 levels

 

  • Land bid price comparable to ECs – keeping development cost in check

 

A safe entry price = a solid exit strategy.

 

Here’s additional reasons why the development I’m highlighting qualifies as a safe entry and offers strong potential for future gains.

I’m sure by now you’re eager to find out which development I’m talking about. Let’s not keep you waiting any longer. Watch the video below to discover the development and explore all the key facts and figures you can use to pitch confidently to your clients!

Justin Kong

CEA NO. : R012735G

Disclaimer:

PropNex Realty Pte Ltd or its salespersons will not be responsible for any errors or omissions or for the results obtained from the use of this information. All information is provided with no guarantee of accuracy. If in doubt, kindly seek appropriate advice from your financial advisors or bankers before you make any property investment decision.