3 Steps to find Good Deals in New Launch today?

Published on 14 Oct 2019

Are you confused by the many new launches in the market today?

After comparing out of many projects, but you still don’t know which project will make money?

Not every condo is good for investment.

Do you know that the safest and proven strategy is to aim for those new launch that priced the same as the resale condo nearby?

How to get yourself a good deal in New Launch?

  1. Study the New Launch price in $psf
  2. Study the nearby Resale condo price in $psf
  3. Plot them in the same graph to make comparison

For Example:

  1. Coco Palms is the new launch in 2014. The launch price back then was around $1,000-$1,100psf.
  2. Back then, it was almost the same price as the nearby resale condo, NV Residences, completed in 2013.
  3. Plot them in the graph as shown below. At the same price, it’s no brainer to get something newer and better.
Coco Palms vs NV Residences
Coco Palms Profitable Transaction

There are 70 successful profitable transactions in Coco Palms already.

Many of them made profit with the highest record at $431k.

So now, if you are the owner of NV Residences in 2015, should you sell your unit and swap to Coco Palms and possibly you would have made for twice?

But how could you leverage on the current new launch to have this advantage over the rest?

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3 Profitable New Launch Priced the Same as Resale Condo nearby

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    Plan For Yourself is very Important!

    As a lot of people never plan anything before going to showflat, they usually end up paying more for a less ideal unit; thereby making less profit as compared to a better valued unit.

    I suggest we have a short meet up first where I can share with you based on your case and what is the best scenario moving forward and based on the market now what are the projects best suit you!

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      How to find Good Deals in New Launch?
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      charlane
      charlane
      6 February 2023
      Stephen is very professional and trustworthy agent, he's very responsive and treat all customers with respect. He has put in a lot of effort in making sure my transaction is handled properly, on time and on top of priority. I have already recommended him to my friends that's interested in buying property. Thanks Stephen.
      Elwin840808 Elwin
      Elwin840808 Elwin
      16 January 2023
      Stephen really a good agent. I was new to home selling and have heard many about terrible agents. Stephen was professional and he never made me felt uncomfortable. He is professional, experienced and helpful agent. Highly recommend.
      Marchelina Vincensia
      Marchelina Vincensia
      17 August 2022
      I’ve met so many property agents in my life but Stephen is really a rare find. If you are looking for someone unconventional, who gives advice based on data and answer all your easy and hard questions tirelessly, then I couldn’t recommend Stephen more. A very hardworking, humble and strategic agent, highly recommend!
      Sei Chia Lau
      Sei Chia Lau
      4 August 2022
      Stephen is efficient, responsive and informative. He is able to give us useful advise and guide us patiently. Overall, his service is great👍
      Stanley Tan
      Stanley Tan
      26 June 2022
      Stephen is experienced, analytical and views properties comprehensively. This is evident right from the beginning when we chanced upon his informative YouTube videos. He provided us invaluable advice throughout the process of our property purchase. His calm, humble and polite nature made him an approachable professional to discuss the many questions we had. He was patient with his technical explanations as well as his insightful suggestions. He placed our interests first, in the buyers' shoes, gave us space to consider and has never rushed us to make decisions without proper considerations. His attentiveness goes a long way. Stephen carefully planned out the timeline for us and gave us reminders to complete the various items ahead of the deadlines to avoid unwanted hiccups. It was entirely a worry-free process. Stephen even gone the extra mile to meet us at the law firm to show us the way and be in person with us to sign the S&P. He made our property purchase a great buy and an enjoyable experience. Thank you, Stephen.
      Leo Lim
      Leo Lim
      21 March 2022
      I would like to send a note of commendation to Stephen Chong for his dedication, professionalism, diligence and patience in handling of property transaction. I would absolutely recommend Stephen Chong to buyers and sellers who are considering to buy or sell their homes.
      Lim Ming Hwee
      Lim Ming Hwee
      26 February 2022
      Stephen is a very good agent who goes beyond his way to ensure that his clients are happy. He is very patient and helpful, and will always give good advice.
      Joseph Sze
      Joseph Sze
      24 December 2021
      Stephen is a professional & responsible person who has provided good quality customer services to our recent Condo housing purchase & related matters. I found he has put in great efforts and gone for extre miles to assist us in the whole process and related purchase issues. Excellent work, Stephen!👍🏼👍🏼👍🏼
      SZ Lim
      SZ Lim
      20 July 2021
      Was going thru Stephen's video when I noticed he had a google review panel up. Going to copy paste my review on his FB page from 2019. I still stand by my review. Stephen was very professional throughout our engagement process. I first engaged Stephen as his effort could be seen thru the videos he made. The videos were informative, detailed, yet easy to understand from a beginners point of view. Could also see the improvement of his videos as time passes, and that speaks volumes about one's character on his eagerness to improve and share. During my engagement with him, Stephen was very professional. Since I was very new in the scene, I required alot of guidance and honesty. Stephen was very upfront with me on many items and did not try to hide any facts from me. As a first time buyer, both good and bad prospects were laid out after his detailed analysis on my current financial condition and also on the projects we went to see. Comparing to other agents who will just blab anything that benefits their sales point, Stephen was straightforward and truthful on the issue. I have met quite a few agents but would highly recommend Stephen to people who are looking for properties, be it looking for a place to stay, or looking for a property to invest.
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