126# 3 Condo Buying Frameworks to Avoid Overpaying for Resale or New Launch in 2025
Planning to buy a condo in 2025? Don’t just compare PSF and assume it’s a good deal. In this episode of NOTG, Melvin Lim from PropertyLimBrothers defines 3 condo-buying frameworks that help condo-hunters make sense of why some new launch and resale prices.
Understand why some resale units are now asking north of $2,200 PSF—the same range as new launches—and what that really means when lease balance, renovation costs, and exit potential is factored in. With more OCR and RCR projects hitting the market, including first-mover launches like Springleaf Residence, it’s becoming trickier to tell what’s actually worth buying.
Sitting on the fence between resale and new launch? The difference lies in how each holds value over time—not what it costs today. Before making an offer, running it through these frameworks could reveal risks or upside that aren’t immediately obvious—and potentially prevent costly mistakes.
00:00 Introduction02:40 5 year cycle05:30 TOP Effect07:40 No COV08:44 3rd Exit Audience09:31 Popular with tenants09:51 New Design & Low renovation cost10:21 Progressive payment11:11 SSD / Black out period14:00 Brand new lease16:00 1 year delayed installment16:18 Defect Warranty16:43 1st Mover Advantage18:49 Caveat Emptor - What you see is what you get19:10 Summary19:36 2 Types of Disparity Effect Strategy25:40 2025 | Abnormal inflation to future price expectations by resale sellers27:00 2028 | Real estate market prediction27:25 Closing words28:00 Outtakes
NOTG - Nuggets on the Go by PropertyLimBrothers
Bite-sized nuggets of real estate information by Melvin Lim from PropertyLimBrothers, PLB! Popularised as one of the go-to Singapore podcasts on Spotify, we cover everything from tips and advice, facts, and know-hows on buying, selling, and investing in properties in Singapore.
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