6 actionable steps to compare between a new launch and resale condominium : vimarsana.com

6 actionable steps to compare between a new launch and resale condominium


July 07, 2021
Stackedhomes
We’ve covered the basics of new versus resale condos before, but now let’s get further into specifics.
In practice, you’ll end up choosing between a mix of new and resale condos in a given neighbourhood; or you may have to consider a new launch versus specific surrounding resale condos. Here’s what you need to know, about making a fair comparison:
1. List and compare prices of surrounding resale options
A typical approach is to compare developments within a one-kilometre radius of the new launch.
This isn’t really a hard and fast rule though; you could also compare between a shorter distance (e.g., 500 metres) – you might do so if it means staying within walking distance of a school, MRT station, mall, etc.

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