$1.5Mil Dilemma: New Launch 2-Bedroom vs. Resale 3-Bedroom - What’s the Better Buy?

In my upcoming series, I'll discuss the types of properties you should consider based on different budgets.
After meeting many potential homebuyers, I've found that most people have a budget between $1.5 million and $3 million.
To kick off this series, I'll focus on the $1.5 million budget.
With a $1.5 million budget, should you buy a new launch 2-bedroom unit or a resale 3-bedroom condo?
Which is the better choice?
Watch My Other Videos:
$2.00 mil Budget: • $2mil Condo Budget: Wh...
$1.75 mil Budget: • $1.75mil Condo Dilemma...
If you want to find out more, you can contact me for 1-1 non-obligation discussion.
Based on your current situation, I can work out the best plan for you!
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Contact Stephen Chong: 91887652 or Whatsapp @ wa.me/6591887652

[@JP-ev8iv]

Very informative👍👍

[@StephenChongProperty]

Thank you 🙏🏼

[@jasonmarcellus]

How about budget of $1.3-1.4 mil? Where can buy good 3 bedroom condo?

[@StephenChongProperty]

Have. North East and North region.

[@ben5980]

Which do you think Esparina 3BR+ utility or Jewel @ Buangkok 3BR+ utility will have better upside given current prices?

[@StephenChongProperty]

Esparina weakness is multi storey carpark, Jewel weakness is the 3rd bedroom smaller. Jewel has higher price quantum. However, I think both the good and bad already factored into the price. So most important is which one suits your family and which one got better unit that fits your budget at the point you are buying.

[@thureinhtut2054]

Very informative. Budget around $1.4, Weighing between 3BR resale EC in Sembawang, Canberra or old condo in woodlands central for own stay. Which one would be better for capital appreciation in next 5-6 years?

[@StephenChongProperty]

Thank you. It’s a very general question. Must see which project to compare, even the unit itself also very important. However, with the general question, my general answer would be woodlands central for 3 bedroom.

[@thureinhtut2054]

Thanks for the response. Choosing between Casablanca (old and run down), forestville(a bit far), parc life, 8 courtyards and 1 Canberra.

[@StephenChongProperty]

For further discussion, whatsapp me at wa.me/6591887652

[@wang3006d]

Is purchasing hundred palm residences 3BR or Bartley ridge 2BR now better?

[@StephenChongProperty]

Now Hundred Palms Residences not yet MOP.

[@wang3006d]

@@StephenChongProperty yea, just thinking of options for next year when my partner and I are ready to purchase :)

[@StephenChongProperty]

@@wang3006d in this case, Hundred Palms. :)

[@Alyssa-oo3rb]

If buy 2 bedroom is a good location , family space is enough, is it ok?

[@StephenChongProperty]

Depends. Other than that, all project attributes also must consider too.

[@freddyng3623]

Ponggol 3BR or Woodlands which is better

[@StephenChongProperty]

Punggol

[@weixu5377]

​@@StephenChongProperty How about woodland 4bed and Pungool/sengkang 3 bed?

[@StephenChongProperty]

@@weixu5377 too general question, I need to see is which project.

[@weixu5377]

@@StephenChongProperty Forestville(4 bedder high floor), Twin Waterfall(3 bedder high floor), Lush Acres(3+utility, ground floor)?

[@ngym20s]

How about singles, what can they buy?

[@StephenChongProperty]

Based on how much price range?

[@ngym20s]

1mil

[@StephenChongProperty]

@@ngym20s try to get a 2 bedroom

[@chinminghao9192]

How about clementi as an area for resale? (Many newish condos there)

[@StephenChongProperty]

Budget higher

[@nsks80]

How about whether to buy a resale condo or resale ec based on 1.5mil 3 bedder? Some ec layout better than condo

[@nsks80]

Single thus cannot go for new ec and limited budget

[@StephenChongProperty]

Resale EC 👍🏻

[@StephenChongProperty]

Yes actually 90% resale EC layout better than private.

[@abusdriv3r]

what about being near MRT? 3br near mrt, or 4br further from mrt but still near LRT?

[@StephenChongProperty]

You mean the same price and same age?

[@abusdriv3r]

@@StephenChongProperty yup similar attributes for the condo

[@StephenChongProperty]

@@abusdriv3r By just looking from the capital gain perspective, 4 bedroom.

[@MrBluehorizonsugar]

I had exactly same thought

[@StephenChongProperty]

👍🏻