New Launch Properties in 2019, a buyer’s market!
2019 is here and what’s in store for us in the Singapore property market? Will prices go up or down, will rules and regulations change again like it was in 2018? Is this the right time to buy a property? Does investing in Singapore property still make sense? Which locations and which new launch projects should you buy? I will try to answer those questions in this blog and future blogs.
In this blog, I would like to quickly share a mind-blowing fact with home buyers and investors. In 2019 alone, there will be more than 60 new launch properties in Singapore! That’s a lot consider the small size of Singapore.
The massive supply of new property projects in the pipeline is mainly due to the en bloc fever that happened in 2017 and 2018.
So, couple with those projects that have already been launched in 2018, 2017, and 2016, a home buyer and property investor literally have hundred of projects to choose from in the Singapore property market in 2019.
A full list of the projects/residential developments that will be launched in 2019 is below:
The Singapore property market in 2019 is definitely going to be a buyer’s market. A buyer’s market is referring to a property market where there are so much of supply that buyers have a lot of choices and hence the power. Developers, on the other hand, will have to up their game and make their offerings and pricing more attractive in order to compete for those buyers.
So, clearly, this is a good time to be a property buyer in Singapore.
However, with so many choices in the property market, which one is suitable and right for you? We know that buying a property in Singapore is the biggest financial decision for most people, and we don’t want to make a mistake with such a big decision. So it’s imperative that we do our home work and consult with professional in order to make the right decision.
In the upcoming blogs I will go deeper into how do we choose the right property to buy in Singapore and cover what to look out for when it comes to buying a new launch property in Singapore.
This full list of the new launch projects in 2019 is to give you a rough idea of what are the projects going to launch and where are they located, so that you can make some planning.
For some of the projects that have already been launched, you can check it out here:
Regards,
Jack Ooi
Professional Real Estate Consultant (Singapore)
Contact Us HERE
Youtube Channel: https://www.youtube.com/channel/UCsttVaUP9IxNhryysHizwbg
