Extensive Analysis – Here is what I found out.
- The seller has an above-market target price as he plans to move to the bigger and closer unit to his family; The target price is matched by major banks.
- There are 8 other 2-room units at similar size for sale at the time of marketing – 2 are low-floor, 3 mid-floor; of the 4 high-floor units marketing at that point of time, 2 have diagonal west sun into the living, while ours has the best interior condition overall.
- Our unit is almost at the centre of the condo – minimal road noise while aesthetically more pleasing to some
- Our unit also only have 5 other neighbours while the rest (similar size) have 7 due to the sky garden and we are located away from the chute area.
- The other 2-bedder layouts (bigger in size) are asking at much higher price while having a louder road noise as it is next to the road.
- Buyers will likely also compared with condo around the same age at Potong Pasir area