Disclaimer: The data used in this article is based on publicly available real transaction records and can be verified.
Singapore is a highly transparent country. Making fast and substantial profits from real estate is not a secret, nor does it require any “special formula.” Here, I’ll use two recent projects to show where the money comes from.
There are actually many such examples, but due to Xiaohongshu’s 9-image limit, I’ll only use two projects here: Jadescape and Treasure at Tampines.
Key Point 1: What kind of projects should you choose?
From the data shown for Jadescape and Treasure at Tampines, you may already notice some patterns. These two projects share three characteristics:
Large – The development site is huge.
Many – A large number of units.
In Singapore, transaction prices are closely linked to transaction volume. Property valuations are also directly influenced by historical transaction prices. Large-scale projects, especially mega developments, tend to experience faster price growth because of their high transaction activity. In addition, large developments usually cater to the mass market, so pricing is often more reasonable.
Unique – The only (or one of very few) new developments in the area.
Whether you’re selling property or vegetables, one key factor to making money is:
No competition! No competition! No competition!
Key Point 2: How do you profit quickly and substantially?
Low capital outlay
High returns
Short holding period
The answer to all three is the same: Buy new launch projects.
New launches in Singapore use a Progressive Payment Scheme. Most condominium projects take about 4–5 years to complete. If you buy at launch and sell after three years, your full mortgage repayment may not even have started yet. During the first three years, payments are made gradually according to construction progress, so your actual cash outlay is relatively low.
The total holding costs before selling for the two projects listed in the images (shown in red text) were actually not very high. If you are interested in the detailed calculations, feel free to PM me.
History has repeatedly shown that the period with the highest potential gains for most projects is between launch day and TOP (Temporary Occupation Permit). You may refer to my previous post: “Can You Still Profit from Resale Condos?”
Final Summary: The “rules” for making fast and big money in real estate
Choose the right project.
The project should be large, have many units, and face little competition. It’s even better if the area has upcoming development plans. If your budget allows, go for larger units — ideally 2-bedroom, 2-bathroom or bigger. If your budget is limited initially, smaller units can still be profitable.
Buy new launches.
Enter on launch ballot day. Especially for projects by reputable developers, buying on launch day usually gives you access to the best prices and best unit selection.
Sell once the 3-year mark passes.
After the peak profit window fades, exit quickly and move on to the next profitable project.
Final disclaimer: The above strategy is intended purely for investors. Considerations for owner-occupiers are completely different. If you want both investment returns and own-stay benefits, then you’ll need to balance and prioritize accordingly.