Property Selection: Tips On Choosing High-Converting Projects
From analyzing market trends to evaluating potential returns, this article covers everything you need to know to make informed decisions and grow your real estate portfolio.
Ready to welcome the new year? Here’s a list of promising, upcoming projects you might want to consider marketing!
Our golden rule is to market 6 months ahead.
According to the data we’ve collected, if you were to start anytime later, you might end up spending 10x more for significantly fewer clicks and impressions.
You may then wonder, how can I market a new launch project without much information?
While that is part of a realtor’s responsibility, we do have some nifty tips and tricks that you could use to overcome that shortcoming, other than the standard “TBAs” or “Coming Soon”.
But that’s our trade secret - if you’re interested to know how, consider signing up for our affordable campaigns or consulting our team here!
Here's a sneak peek of exciting new condo launches that you can consider launching for your campaigns:
Watten Estate Condominium in Bukit Timah was put up for collective sale via tender, and won by a joint venture between UOL Group and Singapore Land Group with a $550.8 million bid.
Spanning 220,241 sqft, the freehold property comprises of 104 townhouses and residential units. Built in 1983, the property will be redeveloped to 286 units according to the mandatory minimum average size of 100sqm.
Location
Located in a prime Bukit Timah area in District 11, it takes a short 8 minute walk to the nearest Tan Kah Kee MRT Station on the Downtown Line (DTL).
Parents with school-going children will benefit from being near to Singapore’s most renowned Bukit Timah Education Belt. The estate will be a stone’s throw from prestigious primary schools such as Raffles Girls’ Primary, Nanyang Primary School, and other top-tier educational institutions like National Junior College as well as Hwa Chong Institution.
Project details
What’s good nearby?
There are plenty of malls in the vicinity, including Coronation Shopping Plaza, King’s Arcade Shopping Centre, Crown Centre, Serene Centre, Cluny Court, as well as Adam Road Food Centre.
For nature lovers, it takes a quick 15 minutes stroll to reach Botanic Gardens. Or, if you venture further North, you could explore Macritchie Reservoir located within the tropical rainforest of Central Catchment Nature Reserve.
Another old residential area that has been around since 1971, owners of Maxwell House had finally successfully snagged a sale at $276.8 million.
The project was awarded to Singapore-listed Chip Eng Seng Corp, SingHaiyi Investments and Chuan Investments, which jointly bid for the property.
Location
Located in the heart of District 1, the former Maxwell Residence is a short 2 minutes walk to Maxwell MRT along Thomson East Coast Line.
Residents will also be able to access other lines on the network such as Outram Park for East-West and East lines, as well as Marina Bay for the North-South and circle lines.
Project details
What’s good nearby?
Aside from being less than a minute’s walk away from Maxwell Food Centre, which is home to some of Singapore’s best hawker stalls, the residence is also located in Tanjong Pagar - known as the Little Korean Town. This is the place to be at if you’re a lover of authentic Korean cuisine since you can easily find up to 10 Korean BBQ restaurants in the area.
There are also many cafes and ice cream parlors in the vicinity, with local favorites such as Hvala Craig, Bearded Bella, Apiary, Birds of Paradise and Nesuto within a short walking distance.
Local developer Hoi Hup Realty and Malaysian conglomerate Sunway have acquired 2 freehold land parcels for $815 million.
Previously occupied by 5 bungalows and 10 pairs of semi-detached houses between Tanjong Katong and Haig road, the new development will comprise of 2 high rise condominiums with 800 units, with each unit priced between $2,400 and $2,630 psf.
Location
The residence is within walking distance to 2 MRT stations - Paya Lebar Interchange MRT station and Dakota MRT station.
Education institutions that are within the 1km radius include Kong Hwa, Haig Girls’, and Tanjong Katong Primary School.
Project details
What’s good nearby?
Entertainment and retail centers like KINEX, Kallang Wave Mall, Parkway Parade, i12 Katong, Paya Lebar Square, Paya Lebar Quarter, and Suntec City are all within a 10-minute drive away.
Residents can even visit famous eateries and enjoy the delightful food options like 328 Katong Laksa, Kin Choo Kueh Chang or sink their teeth in the rich galore of Peranakan cuisine from Chilli Padi Nonya Restaurant or Old Bibik’s Peranakan Kitchen.
Here are a list of other new launches with great potential as well;
1) Jalan Tembusu
2) Pine Grove
3) Newport Tower
4) The Botany
5) The Arden
6) Gloria Mansion
7) Marina View
8) Terra Hill
9) Mount Emily
10) Lentor Hills
11) Jalan Anak Bukit
12) Bukit Batok West
The reason why we’re marketing the above projects is because these condo launches meet our project selection criteria. If you’ve attended our Google Ads introduction class, you would know that our conditions are simple:
Firstly, the project cannot be small, with a minimum price range of $2 million in sales per unit. Next, the project should have a good developer - one that is well-established with a proven track record.
Lastly, there should be decent news updates around the area. In other words, check to see if there are any future developments around the area by URA, new MRT stations coming up near the district, etc.
If you feel there is too much content to get through and track, consider subscribing to 8ambrief, where all the news pertaining to a district will be delivered to you daily at 8am sharp.
And that’s about it!
The sooner you launch your ads, the better results you will achieve. Be sure to consistently follow up with your leads once you’ve got them with the latest promotions, site plan, or floor plan updates to successfully close the deal. All the best!
Don’t have the time to do the work yourself?
We’ve got you covered! For the price of $297, you can immediately start running your own campaigns from the following selection (choose 1): Sceneca Residence, Dunman Residence, The Continuum, or Jalan Tembusu Residence. There will be a minimum commitment period of 3 months - so pick wisely!
So, what are you waiting for? Get started today!
SellMoreCondos (SMC) is a digital marketing agency for realtors that redefines new launch marketing. We use a systematic, data-driven framework to reduce the workload of agents and increase their profitability. If you need help with your Google Ads, SEM, SEO, landing page, microsite, or website, we’re happy to assist you anytime.
From analyzing market trends to evaluating potential returns, this article covers everything you need to know to make informed decisions and grow your real estate portfolio.
Read on to learn how you can effectively convert property leads into clients with our guide on lead tracking, automated follow-ups, personalization & more!
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