Which area should I look out for if I am keen to buy? Buyers should zoom in on untenanted resale units originally bought in 2013 for investment purposes and negotiate hard for a good deal. In 2017, we estimate that ~20K units will be approaching the end of their 4-year SSD lock-up period. More importantly, 2013 was the year where prices peaked. With vacancy rates at an all-time high, some property investors are finding themselves stuck with vacant, untenanted units. For those who bought into the market in 2013, 2017 is the year to cut losses without attracting SSD. This presents an attractive opportunity for buyers today to negotiate hard. DREA has shortlisted a number of condominiums with units that fulfil these criteria.
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