Insane Prices: Its Now or Never

We have been hearing so many bad news as we start the year, with new wars emerging, and the US hitting every country around the world with tariffs - it seems like we can never catch a break. 

But in the midst of all that chaos, we see news like the recent launch of LyndenWoods which did exceptional - sold 94% of its units in a day! 

And also the recent land bid at Chuan Grove which drew 7 bids. This tells us that the developers are very confident with the market as not only were there many bidders, but the price at $1,376 psf ppr is also relatively high. 


So What Does It Mean?

Mixed Signals = Opportunies 

 

What do I mean by opportunities you might think.

Let me show you Canberra Crescent Residences:

2-Bedroom Prices

As you can see, prices of 2-bedrooms at  Canberra Crescent Residences starts from $1,100,000 . And we compare it to the OCR market, we see new launch prices coming in at an average of $1,685,379, with resale going at $1,293,679, and even a brand-new EC sells at $1,109,000

 

Buying an EC would actually cost you about $10,000 more. Would you choose an EC or a fully privatised condo?

4-Bedroom Prices

Let's take a look at another example, with the 4-bedroom prices at  Canberra Crescent Residences versus the OCR market. We can see that a 4-bedroom at  Canberra Crescent Residences starts at $2,200,000 , whereas a similar room type new launch is already averaging at $2,918,831. That is literally more than $700,000 for the same room type, isn't that insane? 

With prices that competitive, it is almost a brainer when it comes to buying this project. What are the perks of buying into this development? 

  • Safe entry price with old price tag
  • Private home with prices competitive with ECs
  • Northern Transformation on the horizon
  • Safe entry price = Good exit strategy

I'm quite sure I am done convincing you just based on the prices alone, the rest of the benefits are bonuses to you.

 

Curious about how the 3-bedroom prices compare to the market? Watch the Video below to find out now!