“… more than 90% of mass market leasehold condominiums bought directly from developers and resold over the last 10 years (2009-2019) have fetched an average gross profit of about $160,000 …”
With such a high statistic of owners making money from new launches, one only need to buy at a competitive rate compared to neighbouring new launches to land on the 90% group who makes money from real estate. Avenue South Residence priced at average $2000psf is lower than the next nearest new launch by almost $400psf!
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