Research Factors are depends on individuals’ styles and needs, it should fit into your own objectives to achieve the best results. 

 

 

Here are some of the factors I think would be impactful. 

1, Transaction volume 

 

 

The transactional volume is the number of deals that have been made for that project. For example, if there have been 30 deals made for a particular project, then the transactional volume is 30.

 

Transacted volume comparison is used to gauge how much demand there is for a particular project. By analyzing the transacted volume, researchers can get a better sense of which projects are in high demand and which are not. This information can then be used to plan future research or analysis.

 

2, Area study 

 

Instead of just considering amenities like the new MRT or nearby shopping malls,  A land transformation study lets us have a deeper understanding of the future by providing data that can be used to create models of how land will change over time. This is valuable information for planning purposes, as it can help us anticipate changes in land use and identify areas that may be beneficial or ar a risk. The study of land transformation can also provide insights into the drivers of change, such as population growth or economic development.

 

Questions like "What will the population here be like in 10 years?” “Will the transformation bring more workforces?” “How it will benefit the project we choosing?”

 

For example, take recent popular project example like AMO residences, there would only be one transformation nearby, which is north-south corridor.

 

 

 

3, Land plots vs project stacks

 

Land plot vs project stack is like a cake vs a slice of cake.

 

How surrounding future development will stack up in relation to a existing project? For example, the distance between the land transformation and the project, will it block the view or open up the view? Will it add more noise or traffic to the specific stack?

(some land will be reserved for HDB development, which may block the view, so be careful when choosing stacks)

 

 

4, Potential buyer or tenant profile

 

 

When considering a property, it is important to develop a profile of the potential buyer or tenant. This profile should include basic information such as age, gender, income, and family size. Additionally, it is helpful to consider the potential buyer's or tenant's lifestyle and interests.

 

For example,  Different families have different needs when it comes to housing. A 2 bedder or 3 bedder fills different needs. A 2 bedder is perfect for a small family or a couple just starting out. A 3 bedder is better for a larger family or a family with kids

 

 

  

5, Competitor

 

 

How many similar projects are selling within 500m or 1km? In a highly competitive area, the buyers are greatly diluted and it caps the potential of the project. By snagging a place at a more reasonable price among competitors, the chances of future appreciation and rental yields are increased

 

 

 

6, Size and age of the projects 

 

 

An old or small property typically has a higher maintenance fee because there is more wear and tear on the property and it requires more upkeep, and it will pass down to the next buyer. This makes them less attractive to some buyers in the long run.

 

If a property is small, it is likely that their facilities will be crowded. This is because small properties generally have fewer facilities than large properties, and thus must accommodate more people in each facility. This can lead to crowding and long wait times for guests

 

 

7, Unit you are buying are they first owner or ?

 

 

If seller is the first owner of the unit, they might already have a decent profit margin, which makes the process of price negotiation much easier compared to second or third owner who bought the place at a much higher price. 

for example, if we are aiming to buy a property at 1.3m, a seller A who bought the unit at 900k is more negotiable than a seller B who bought the unit at 1.4m .

 

 

Thank you for the reading ❤️

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