27/10/2026
He bought at a record high. Then set a new one. π
In 2022, my client paid $2.1xm for a 3-bedroom at The Shore Residences, a record for the condo at the time.
The question every buyer asks: βAm I buying at the top?β
This October, it sold for $2.95m ($2,585 psf). A new record for the development, as reported by EdgeProp, and about 12% above every other deal there this year. π
Thatβs $800k+ on the purchase price.
The lesson: a record price isnβt the same as overpaying.
β βHas anyone paid more?β only looks backwards.
β
βIs it worth this, like for like?β Thatβs the fair value gap, and itβs in every report we prepare for our clients.
π Then plan the exit. We connect the dots:
β’ Supply: Government Land Sales (GLS) sites, en blocs and new launches nearby
β’ Transformation: new MRT or URA plans, and whether theyβre priced in
β’ Demand: whoβs buying, and where theyβre coming from
β’ Next buyer: can they afford and finance your price?
β’ Timing: your hold period vs the lease left
πΎ Save this for your next viewing.