Trust me I look at this at least once a week.
The key indicator for SG properties is the East Coast, and where better than the collective stretch of older by-the-sea condominiums.
Over the last two months, listings have reduced. Not only is that an indicator that people are snapping up these properties, but because of the latest enbloc fever, there is a very likely chance that those property owners who've suddenly had cash windfalls are looking at a nice spacious seaside condo.
Mandarin Gardens 3-bedders used to yield 50+ listing on PropertyGuru just 3-4 months ago. Now it's drastically down to 20+ and when sorted by lowest price, the minimum is at $1.45mil. Previously as low as $1.2mil for a very low floor was still possible.
Laguna Park is the biggest recipient of the Thomson East Coast Line (TEL), and the station is directly outside its entrance. Suddenly listings dried up overnight and everyone is asking for the moon. 12mths ago it was still possible to find a unit for $1.6mil.
Neptune Court is the lowest end condo of the three due to its lack of facilities. Yet it's unites are commanding almost $1mil when 4mths ago it was still possible to get $800k units.
