Senior Marketing Director ● Zack Ng ● 92217222

Why $1,000 PSF in the Past Was Harder to Exit Than $2,600 PSF Today

Many buyers look at today’s prices and feel uncomfortable.

$2,600 psf? That sounds crazy.”
“But properties used to be $1,000 psf — surely that was safer?”

Ironically, $1,000 psf in the past was often harder to sell than $2,600 psf today.

Here’s why 👇


Price Alone Never Determines Exit

Most people judge safety by price level.

But markets don’t care about what feels cheap or expensive.
They care about value & affordability.

A property is easy to exit when:

  • There are many buyers who can afford it

  • Those buyers need or want that location

When those conditions aren’t present, even a “cheap” property becomes hard to sell.


Why $1,000 PSF Was Difficult Back Then

Let’s rewind.

At $1,000 psf, 

  • Property Prices were far from affordable

  • Built before major transformation plans

  • Bought during periods with limited demand.

  • Dependent on hope rather than demand

All these were when there are no restrictions!:

  • No ABSD

  • High Loan to Value

  • no TDSR/MSR (loan restrictions)

So even though the psf number was “low”, the number of capable buyers was also low.

Low price ≠ high demand.


Why even $3,000 PSF Can Be Easier to Exit Today

Now look at today.

Prices are higher — but so is everything else:

  • Household incomes

  • Dual-income families

  • Loan quantum capacity

More importantly:
👉 The buyer pool is much larger.

A $3M property today may still be:

  • Affordable to HDB upgraders

  • Within reach of professionals and PMETs

  • Supported by strong rental demand

  • Located near real employment clusters

When many buyers can afford the same price point, liquidity improves — not worsens.


Exit Is About Buyer Depth, Not Always about PSF

Think of it this way:

Would you rather sell:

  • A “cheap” home with 10 possible buyers, or

  • A “more expensive” home with 1,000 possible buyers?

The second option wins every time.

That’s why some $1,000 psf projects stagnated for years — while newer, higher-priced homes today transact smoothly.


The Real Question You Should Ask

Instead of asking:

“Is this psf high?”

Ask:

“Who is my next buyer — and how many of them exist?”

If you can clearly answer:

  • Who they are

  • How they earn

  • Why they would buy

  • And whether financing supports them

Then the price becomes secondary.


Final Thought

Price growth over time is normal.
What matters is whether demand has grown faster than supply.

A higher psf with:

  • Clear employment drivers

  • Strong upgrader demand

  • Proven rental support

can be far safer than a lower psf bought without an exit plan.

That’s how calm, intentional property decisions are made —
not by chasing “cheap”, but by understanding who will buy after you

 

Have questions? Let’s sit down and map out your options.

Every client’s journey is built on clear planning, safe execution, and decisions made in their best interest.