James's anti-recommendation lens for investors who already hold one property and risk peaking wrong on the next. Named reasons, named data, and what not to buy, not just what to.
District 26's landed and new-launch condo market has repriced meaningfully since the Thomson-East Coast Line opened Springleaf MRT Station, with the latest GLS land bid for Upper Thomson Road Parcel A coming in 17% above Springleaf Residence's land cost a year earlier.
ABSD on a second property is 20% for Singapore Citizens, charged on the full purchase price, not just the amount above a threshold. On a $2.1M second property that's $420,000 plus BSD, totalling roughly $456,600 upfront.
Braddell View sells 1,700 sq ft homes for about $1.85 million, at around $1,057 psf, near Caldecott MRT. The catch is about 51 to 54 years left on the lease and an en bloc that drew no bids in 2019. What the new 70% rule changes, who should buy, and who should not.
River Green links to Great World MRT and mall under cover, one stop from Orchard. It launched at $3,130 psf, the lowest of the new River Valley condos, and sold 88% in a weekend. Now it is mostly sub-sales. What to pay, who should skip it, and why Zyon Grand may be the better buy.