TESTIMONIAL
Sherry & Dom
Sold and purchased within a month
We helped Dominic and Sherry achieve their property goals through a strategic and well-executed approach.
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Initial Uncertainty Turned Into a Strategic Move
Marcus & Kellyn weren’t in a rush to sell—until a consult with Tricia revealed a favorable market. Tricia’s track record gave them the confidence to act.
A Fast & Hassle-Free Home Sale
The property sold in just a month—before the marketing video even went live! Tricia handled everything seamlessly, saving them time and effort.
Finding Their Ideal Home
With a growing family, they needed more space. Tricia listened, curated options aligned with their future, and—even during COVID—guided them through virtual viewings and smart insights to make the right move.
Personalized Asset Planning
Tricia went beyond the transaction—guiding them on financial planning for long-term growth. They gained clarity on how their next move would pay off in 3–5 years.
Delivering Results with Dedication
The night their dream offer came in, Tricia showed up at midnight to seal the deal. Her urgency, sincerity, and true dedication made all the difference.
OUR ADVANTAGE
+ A client approached us with $150,000 in savings but didn't know how to invest it.
+ After thorough research, I found a 2BR resale condo in District 19 for $550,000 ($80k-$100k below market value!).
+ She made a $120,000 cash downpayment.
+ Rented it out for $2,500/month, paying off her monthly mortgage.
+ 2 years later, she sold the unit for $700,000, gaining $230,000 in sales proceeds!
+ That’s an 85% return on her original investment!
85% Return on $120k in Only 2 Years!
CASE STUDIES
Why Consider Resale Condos?
Most Singaporeans believe New Launches appreciate the most after TOP, but Resale Condos have also seen significant gains. 91% of Resale Condo transactions were profitable, higher than New Launches post-TOP (89.8%), as shown in the table below.
Proportions of gains and losses
Type of Transaction | Breakeven (Vol) | Breakeven (%) | Gain (Vol) | Gain (%) | Loss (Vol) | Loss (%) |
|---|---|---|---|---|---|---|
New Sale to Resale | 0 | 0.0% | 256 | 89.8% | 29 | 10.2% |
New Sale to Sub Sale | 3 | 0.5% | 553 | 96.5% | 17 | 3.0% |
Resale to Resale | 12 | 0.7% | 1,550 | 91.0% | 142 | 8.3% |
Sub Sale to Resale | 1 | 2.0% | 43 | 84.3% | 7 | 13.7% |
Sub Sale to Sub Sale | 0 | 0.0% | 2 | 100.0% | 0 | 0.0% |
Comparing quantum of gains and losses
Type of Transaction | Gain | Loss |
New Sale to Resale | $161,364 | -$140,750 |
New Sale to Sub Sale | $186,166 | -$91,453 |
Resale to Resale | $225,959 | -$114,453 |
Sub Sale to Resale | $91,785 | -$39,686 |
Sub Sale to Sub Sale | $154,000 | NA |
When we compare the quantum of gains and losses, resale condos have seen higher average gains ($225,959), as compared to new launches ($161,364 - $186,166).
However, buying Resale comes with the risks below.
In the last 10 years, I’ve seen people lose up to $300K.
Wrong entry price
Wrong location
Wrong unit choice
CASE STUDIES
3 Factors In Finding The Right Resale Condo
#1. Getting In At A Good Entry Price
Buying at a good entry price is key, as it affects your future profit when selling. Resale condos offer extra data points—like previous owners’ prices and profit margins—to help assess this. Of course, factors like market trends and nearby developments also play a role.
Case Study 1: Gem Residences
Contract Date | Address | Type of Sale | Unit Area (Sqft) | Type of Area | Price (S$ psf) | Price (S$) |
8 Jul 2021 | 3 Lorong 5 Toa Payoh #10-XX | Sub Sale | 1,249 | Strata | 1,614 | 2,015,000 |
12 May 2021 | 3 Lorong 5 Toa Payoh #15-XX | Sub Sale | 1,249 | Strata | 1,578 | 1,970,000 |
CLIENT CASE STUDY: GEM RESIDENCES (TOP 2018)
Let’s look at two recent purchases of resale condos at Gem Residences in Toa Payoh:
How did the "12 May 2021" buyer secure a higher floor unit (#15-XX) for $45,000 less than the "8 July 2021" buyer, who paid more for a lower floor unit (#10-XX)? This is a resale discount, a key strategy I use to identify potential opportunities for buyers.
We can see that the previous owner of unit #15-XX purchased it back in 2016 for $1,736,000, while the owner of the lower floor unit (#10-XX) bought it for over $100K more in 2018.
This means the first owner made a higher profit, even though they sold at a lower price!
The key takeaway: the right entry price boosts your potential profit.
About Tricia & Property Privé
We understand that buying or selling a home is more than just a transaction. It’s a major life milestone. That’s why we are fully committed to every client, offering dedicated expertise, market insights, and tailored solutions to make the process smooth and stress-free.
OUR VISION IS SIMPLE
Matching You to Your Dream Home
MEET OUR TEAM
At Property Privé, our close-knit team consists of 15 experienced and passionate realtors, each offering unique expertise. Our skilled marketing team ensures that every property gets the spotlight it deserves. Together, we work in synergy to provide personalized, efficient, and exceptional service, making your experience with us as smooth as possible.
Our Services
Buying & Selling
Helping clients buy, sell, or invest in properties by handling negotiations, paperwork, and transactions.
Marketing & Advertising
Using online platforms, social media, and professional staging to attract buyers.
Market Analysis
Providing insights on property values, trends, and potential returns.
Property Management
Overseeing rentals, maintenance, and tenant relations.
Meet Tricia
Hi! I’m Tricia Chong from Property Privé. I'm a passionate and results-driven real estate professional, dedicated to helping you confidently navigate Singapore's property market. Whether you're searching for your dream home or looking for the right buyer, we are here to guide you every step of the way!
Tracia's Property Milestones
When I was 16 years old, I held a part-time position as a personal assistant for Melvin Lim and Adrian Lim
2006
2011
Bought my first freehold property at Keng Lee Court
Age of 28, I sold and bought 2 properties: L'VIV, a freehold unit in Newton, and another in Twin VEW
2016
2018-2019
Formed a Team while consistently positioned in the ERA’s top 50
Has consistently achieved millionaire status in the real estate industry
2020-2023
2024-2025
Bought Grand Dunman New launch & Team sales
OUR MARKETING STEPS
Test and Proven 5-Step
Marketing Journey
Pricing Your Property
01
Social Media Marketing
03
Interim Stay Rental Plan
05
Curated Home Tour Videos
02
Negotiation
04
OUR MARKETING STEPS
5 Essential Keys to Finding Your Perfect Project
Location's proximity to key amenities
01
High transaction history suggests strong market interest
02
High transaction volume suggests better prospects for future sales
03
Proximity to similar developments with higher returns
04
Good exit strategy to maximise profits
05
Reserve your spot today!
Buying a resale condo isn’t a one-size-fits-all decision—everyone has different financial situations, needs, and goals. A tailored approach ensures it works best for you.
Let’s have a quick, no-obligation chat to map out a personalized plan for a resale condo up to $2M. No sales pitch, just insights. Plus, you’ll receive:
Resale Condos on the current market with potential $80K-$100K discounts
The right units & condos that can appreciate up to $300k after 3-5 years
Strategizing your finances so you don’t overpay for a resale condo in today’s market
Your personalized property growth roadmap to build wealth and reach $2M for retirement
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