Insiders should join the back instead of the front of the queue at new condo launches

[SINGAPORE] Is it a case of “trade tariffs and tariffs-related economic uncertainty be damned”? Prices of Certificate of Entitlement for passenger cars, which confer the right to own a car here, are at elevated levels, while there has been frenzied buying at some recent new condominium launches.

After saving assiduously, pulling together a budget of around S$2 million and studying the housing market, you visit a swanky show flat and find your dream home. Hold on, you may need to get lucky to secure that 650 square feet (sq ft) unit in a prime district or 900 sq ft suburban home that you are eyeing.

Recently, several major new condo launches saw strong take-up, leaving many people unable to secure units in popular stacks and floors.