With quite 60 new condo launches expected to be released purchasable in 2019, property buyers will likely be overwhelmed by the amount of latest homes flooding the market.
Buying a property has always been about location, location, and site . More often or not, it'll be the determining factor for its asking price .
However, there'll always be a gaggle of buyers who are out there trying to find the simplest deals or the most cost effective condo in Singapore.
Price has always been the amount one concern for this group of buyers and that they usually want that non-public residential lifestyle yet not eager to overstretch their budget.
In this article, we'll cover only new launch projects and based their average psf price for the last 6 months, here are the highest cheapest condos in Singapore in 2019 (to date).
The Jovell
Launched back in September 2018, The Jovell condo by Hong Leong Holdings has proven to be one among the foremost popular condominium projects in Singapore thanks to its extremely low quantum and psf price.
Looking at the map, The Jovell is found at the acute end of the Eastern region and should seem a touch remote to most buyers. except for frequent travelers/flyers, its close proximity to Changi Airport would be a serious plus point.
Just judging from the worth alone, The Jovell has got to be ranked no 1 on our list.
Riverfront Residences
Being located within Hougang, a well-established and mature development in Singapore, Riverfront Residences by Oxley Holdings has certainly drawn many attention since it had been first launched back in early July 2018.
This was one among the few new condo projects of Affinity At Serangoon to be launched only one day before the newest property cooling measures took effect on 06 July 2018.
Panicky buyers were queuing at the Riverfront Residences showflat on the night before to secure a unit, in order that that they're going to avoid paying more stamp tax under the new set of measures.
Judging from the psf price, Riverfront Residences does appear as if an ‘absolute steal’ as compared to The Jovell – mainly thanks to its location within a matured estate where you'll find a good range of amenities and therefore the incontrovertible fact that it’s much closer to an MRT station.
The only downside we will think is that the number of residential units within Riverfront Residences – almost 3.5 times quite the entire number of The Jovell condo.
The environment and lifestyle within this new Hougang condo could also be a touch too rowdy and crowded for those that are seeking more privacy and exclusivity. such a lot for living during a ‘private’ condominium, sigh.
However, just watching the worth alone, it’s seriously attractive in reference to the condo’s location. From the amount of transactions concluded to-date, you'll see why.