How to tell whether TC price is high?
Vales did not put further discount to push their units. From this point you can tell.
Ok high price or not each individual need to sit down and go through the sum.
For those interested let hope that you are able to get your 1st choice during the ballot.
Just like shares, we have to compare with suitable benchmarks.
There is no perfect comparison most of the times.
So, we tend to compare shares in the same industry or similar size etc.
Apply to properties, we could consider comparing with ECs in the same area i.e. Sengkang or we can compare with private condo in the same area.
If the price differential between ECs (incorporating resale levy, if applicable) and pte condos is not that significant, might be worthwhile to consider private.
What is significant? We may have different views. Some might say 20%, some 15% ...
Ask yourself, given a choice say a 4-bedroom pte condo at $980K and an EC at $980K, which would you choose? Why?
Assuming the size is acceptable to you.

