For those poor souls who are unable to buy HDB or Executive Condominiums, and being forced to buy private apartments in D19, I would say Riversound, Parc Vera and Minton offers good value for money (in view of the current market environment) as one can get a unit for S$800+ psf.
Being near MRT or major amenities is not everything. If a project is not near MRT, then the developer must work to set a lower pricing for their projects relative to one that is near MRT and many amenities in order to move units. Also, why pay $1000psf for say Luxurie at Seng Kang town centre when you can get a unit at S$850psf. For a 1000sqft unit which work out to be S$150K of differences. The savings become even more incredible for bigger units such as a 4 bedder.
Property prices have actually come down in terms of furniture vouchers and stamp duties reimbursement by developers to customers for certain projects. Only question is whether it is a good time to buy now or to wait for property prices come down?
Despite the competitive landscape, many developers seems to setting out of the world prices (psf) by reducing sizes of new launched units to make the absolute quantum affordable for consumers. The greed of men knows no bounds. This is akin to making a bet on the future economic condition.
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