5 Questions Every $1.5M–$3M Buyer in Singapore Must Ask

Even at this price point, buyers still make costly mistakes.

And in today’s market with cooling measures, shifting tenant preferences, and high interest rates, asking the right questions could mean the difference between a smart buy and a regret.

So, before you commit, ask yourself these 5 critical questions:

1. Am I Buying for Lifestyle, Investment, or Both?

A $2M landed home in the OCR sounds tempting…But is it for you or your future tenant?

If you’re buying for lifestyle, think proximity to work, schools, and green spaces.

If it’s for rental yield or capital growth, then rental demand, future infrastructure, and resale exit become key.

You should ask your yourself:

“What kind of tenant or future buyer will this unit attract?”

2. What’s the Real Growth Story Behind This Property?

It’s easy to fall in love with staging and brochures but is there real upside?

Look for:

• Future MRT lines (like Cross Island or Jurong Region Line)
• URA Master Plan transformation zones
• Redevelopment of aging buildings nearby
• Rental supply tightening in the area

Pro Tip: 

Don’t just buy what looks good. Buy what’s about to get better.

3. Is This a Freehold Ego Play or a Smart Leasehold Buy?

Many buyers default to freehold for peace of mind…but not all freehold units outperform leaseholds in price growth or rentability.

In some prime districts, a well-located 99-year leasehold with great layout and views can beat a dated freehold in performance.

Would you rather own forever… or earn faster?

4. What’s the Exit Strategy? (Even If You Just Bought It)

You might plan to hold for 10 years… But life changes. What if you migrate, upgrade, or need to cash out?

Always know:

• Average resale prices in the same stack/project
• Holding period to avoid ABSD Seller’s Stamp Duty
• Buyer profile in that area (PRs, foreigners, locals?)
• Volume of similar units in future launches (future competition)

Smart buyers always ask:

“What’s the worst-case scenario for exit and how fast can I sell if I need to?”

5. What’s My Opportunity Cost If I Wait?

Many $1.5M–$3M buyers think they’re playing it safe by holding cash. But in this price tier, waiting could cost you more than buying wisely today.

Let’s say prices climb just 3% in a year, that’s $45,000 to $90,000 more on a $1.5M–$3M property. And you still pay the same ABSD.

Meanwhile, rental income keeps going to someone else.

You have to ask:

“Am I delaying to feel safe or am I missing my window?”

You’ve worked hard to reach this level. Make sure every dollar works even harder for you.|

If you’re a $1.5M–$3M buyer in Singapore, you’re already in the top 20%. But that doesn’t mean you should settle for average advice.

Want help answering these 5 questions for your specific case? Let’s have a chat. I’ll help you identify your best options and the hidden traps to avoid.

Contact me now!