99 years leasehold. Located at Yuan Ching Road. Target preview Q3 2023.
A new launch condo is a condominium development that hasn’t been built at the point of sale. It is kind of like a “BTO” for private housing and takes about 3 years to complete.
There are two types of new launch condos – Government Land Sales (GLS) and Collective Sale (En-Bloc). A GLS is a process where the government puts up state land for sale for development and a Collective Sale (En-Bloc) is a sale of two or more property units to a single common purchaser (ie. a developer)
New launch condos are perfect for potential buyers who don’t have enough upfront capital as it allows them to stretch out their payment obligations over a longer period of time. There’s also more capital appreciation, greater choice of units and new fixtures and facilities.
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We are the appointed developer sales team for new launch projects listed on our property portal.
SGCondosLaunch.com brings you information and updates on all the latest New Launch Condo in Singapore.
Real estate has historically served well as an instrument for capital appreciation, as a safe haven for funds, and in protecting the value of savings from being eroded by inflation. This is especially so in recent times, with the explosion of wealth in Asia and Singapore.
There is strong interest in Singapore property due to our economic resilience & political stability. Singapore real estate has proven to be solid investments, more than doubling in value the last 10 years.
Are you searching for newly released floorplans and price guides of any developments or looking to visit any of our showflats? Do feel free to contact us today!