The 3 Numbers That Decide If a Resale Condo Is Worth It
Price and layout are the easy part. Before you offer on any resale condo, check the remaining lease, the MCST's sinking fund, and the rental yield against your mortgage.
Price and layout are the easy part. Before you offer on any resale condo, check the remaining lease, the MCST's sinking fund, and the rental yield against your mortgage.
Primary — Before You Compare Psf Across Projects Get The Real Psf For Your Unit Type, Not The Flyer's James pulls each shortlisted project's actual unit distribution chart and checks what your specific unit type costs, not the headline "from" price used to get you...
One number at a time, GLS tenders don't say much. Lined up in order from September 2025 to September 2026, they say a great deal. Part 2 of the Tale of Two Cities series reads the data straight.
Lentor Gardens Residences already proved its yield is thin. Dunearn House's is a projection. Thomson Reserve doesn't have one yet. None of the three is a strong standalone rental play.
At ~$3,126 psf harmonised, Hougang Central prices at roughly 50–60% above the best adjusted D19 resale comps. The premium is real — here's whether it's justified and for which buyer profiles.
Primary — Before You Get Emotionally Attached To A Unit Get Your Real Funds-Gap Number, Not The Advertised One Written bank quotes against your actual income, checked against downpayment, BSD, and legal costs at the loan size you'll genuinely be approved for. James runs this before you shortlist...
19,600 BTO flats. Land bids up 57%. Same year, same country, and neither number is wrong. Part 1 of the Tale of Two Cities series explains why public and private housing run on separate tracks.
A launch psf only means something against what's transacting next door. Comparing Thomson Reserve, Dunearn House, and Lentor Gardens Residences against their real corridor comps.