Property News Archives -
  • Coronavirus outbreak 2020 Roxanne Chia Realty
    New Launch Condo,  Property News

    How Will the Coronavirus Outbreak Affect Property Prices?

    A lot of people assume that prices will fall for sure, and that it’s going to happen soon. After all, a global virus outbreak like this can threaten to rock economies and the stock markets. Talks of recession loom even darker overhead. It’s almost as if people want a recession to happen. However, instead of speculate, I prefer to look at trends, facts and figures. In today’s video, I touch upon 3 main relevant points: Comparison with property price trends during the 2003 SARS period Latest developers’ actions How the current and future supply will change *Disclaimer: Any opinion in all blog posts are solely mine and do not represent…

  • 2018 vs 2019 private residential Roxanne Chia Realty
    New Launch Condo,  Property News

    Report: Private Residential Insights 4Q 2019

    Many of my friends have the perception that pricing will fall, so they’re all waiting to make that purchase. However, I always believe in looking at facts and trends rather than speculate. According to the numbers of transactions, new private residential projects are moving, with a 12.7% year-on-year increase in volume of transactions. The top 5 transacted new launch condos for this period are: Treasure at Tampines Parc Esta The Florence Residences Parc Clematis Piermont Grand (You can read about why I bought a unit at The Florence Residences here.) OVERSUPPLY With the current oversupply of new launch units, developers have to price their projects competitively in order to meet…