Which Segment has the Lowest Supply?
Take a look at the existing and upcoming new launch (in the video), with over 90 projects for your choice, I’m sure you will be hesitate which project to choose right?
That’s very common especially if you’re the first time buying property.
Take the second look (in the video), you will notice that most of the developments are higher end above $1,500psf.
With my rough work, 20% of them are above $2,500psf, 12% between $2,000psf to $2,500psf, 49% between $1,500psf and $2,000psf, and only 19% are below $1,500psf.
All these percentage are derived from the number of total units. Usually the more affordable ones will sell first. So, do you think next year the supply of new condo launch below $1,500psf will be more? or less?