Most condos will see at least a few units being resold every year; but there are some that buck this trend. A rare few projects have gone for years, or even decades, with few to no resales; and this is a point of interest for some buyers. It could indicate traits that are hard to replace, so buyers refuse to.
In July 2023, Starlight Suites set a record-low price since the condo was launched for sale in 2010 $1,359 psf for a 1,163 sq ft unit. It's not something you'd expect for a freehold luxury development in walking distance of Great World City, while being just shy of 10 years old in age. What could possibly be happening here?.
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A major selling point of properties here is their proximity to the MRT. Especially for those who don't drive, and rely on public transport to get around the city, the distance to the MRT can make or break a deal. One of the most notable MRT lines here is the North-South Line (NSL), which is Singapore's first MRT line. When.