Seize First Mover Advantage: Be Among the First to Capitalize on 2023 New Launch Projects
2 things to succeed with new launches - First-mover Advantage & Exit Plan
To help analyze if a property has a good entry price, two essential factors to consider are the First-mover Advantage and Exit Plan. Using Tembusu Grand as an example, let's examine these two key factors. As shown on the map below, Tembusu Grand is situated in the center of three other land plots that are yet to be sold under the Government Land Sale (GLS) program. By purchasing Tembusu Grand, owners will have a first-mover advantage, and based on historical data, GLS land plots have been appreciating in value with each exercise.
Edited : 53% of units were sold on the launch day! What are you waiting for?
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Let’s take a look at similar examples of first-mover advantage .
For the West Coast Vale GLS, we can see evidence of a rise in the price of land cost through the years.
How has this helped residents of Parc Riviera?
Behold! Feast your eyes on the impressive rise in the price of Parc Riviera, thanks to the increase in land costs and the delayed launches of new projects. It has led to a massive bump in the prices of properties in the area, with some homeowners raking in profits nearing $400,000!
But wait, there's more! Take a look at Dairy Farm, another prime example of the immense potential for capital gains in the property market.
Similar to the West Coast GLS, we can also see the rise in land cost for the different developments. How has that helped first-movers like the ones who bought Tree House?
We can see people enjoying huge profits, with ones as staggering as $780,000!
Hence, taking a step back and looking at Tembusu Grand, is there a potential upside from the three plots of land that have yet to be sold? Quite evidently yes. There is a first-mover advantage to be gained as its land cost is the lowest among upcoming new launches.
Testimonials
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“We enlisted the services of The Property Approach to assist us in selling our property located in Kovan some time ago. The team of experts diligently arranged numerous viewings and successfully fulfilled our requirements. They even went the extra mile to create an impressive video tour of our unit. Subsequently, we engaged in a discussion with them about building a sustainable future for our children through property investment, and their comprehensive knowledge and expertise in the field led us to invest in a new launch project at Normanton Park.”
Mr Tan (Seller) Family of 5
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“We were given a property by a late relative, but we were unsure of how to proceed with it. That's when we decided to seek help from The Property Approach. They guided us through the process and even went with us to assess the condition of the flat. They advised us to make some minor touch-ups before putting it up for sale, as the original condition was not ideal. After repainting and touching up the flat, we were able to sell it quickly. We are grateful to The Property Approach for their expertise and assistance.”
Mdm Lim (Seller)
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“My spouse and I were searching for a buyer for our 3-bedroom HDB unit in AMK, as we planned to upgrade to a larger residence for our expanding family. We enlisted the assistance of The Property Approach to help us with the sale. They created a home tour video and promoted it through various online channels. They arranged several viewings for prospective buyers, and after some negotiations, we were able to come to an agreement with a buyer. We are grateful to The Property Approach team for their support in helping us sell our unit and find a new home for our family.”
Melissa (Seller) - Family of 4