🇸🇬转售公寓变难卖，买家才更需要谨慎

Based on recent data from 99.co and PropertyGuru, the median number of days that resale condominiums remain listed on the market in Singapore has significantly increased, especially in the Core Central Region (CCR), where days have nearly doubled from 76 to 145. This trend indicates a slowdown in the speed of transactions, even though property prices have not dropped substantially. From my personal experience navigating Singapore’s property market, this means sellers and buyers are currently in a tug-of-war—sellers aren’t motivated to drop prices because demand is still present, while buyers have many options to choose from and can afford to wait longer. What this data suggests is not weakness in the market but a shift toward more selective buying behavior. Cheaper condos might seem attractive at first glance, but if they are surrounded by many similar options, their competitiveness dwindles. Buyers who focus solely on price might encounter issues down the line when trying to resell their property because the abundance of similar listings dilutes demand. From discussions with fellow homeowners and real estate professionals, it’s clear that properties with unique qualities, such as prime location or distinctive features, continue to perform well despite the market slowdown. The rise in listing days is essentially a market signal encouraging buyers to scrutinize the quality of the condo itself rather than just the price. For buyers currently searching for resale condos, it’s crucial to prioritize properties that have inherent value and competitive edge—whether through location advantages like proximity to the CBD or exceptional amenities—because these remain attractive to buyers in any market cycle. In other words, owning a well-positioned, high-demand condo will likely yield better long-term returns than purchasing a cheaper unit that competes with many substitutes. Understanding these market dynamics can help buyers avoid pitfalls and make more informed decisions. Observing how long similar properties stay on the market and evaluating their unique selling points can provide clues about future liquidity and appreciation potential. As the market evolves, the ultimate winners will be those who invest in truly competitive properties rather than just affordable ones.