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126# 3 Condo Buying Frameworks to Avoid Overpaying for Resale or New Launch in 2025
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Planning to buy a condo in 2025? Don’t just compare PSF and assume it’s a good deal. In this episode of NOTG, Melvin Lim from PropertyLimBrothers defines 3 condo-buying frameworks that help condo-hunters make sense of why some new launch and resale prices.
Understand why some resale units are now asking north of $2,200 PSF—the same range as new launches—and what that really means when lease balance, renovation costs, and exit potential is factored in. With more OCR and RCR projects hitting the market, including first-mover launches like Springleaf Residence, it’s becoming trickier to tell what’s actually worth buying.
Sitting on the fence between resale and new launch? The difference lies in how each holds value over time—not what it costs today. Before making an offer, running it through these frameworks could reveal risks or upside that aren’t immediately obvious—and potentially prevent costly mistakes.
00:00 Introduction
02:40 5 year cycle
05:30 TOP Effect
07:40 No COV
08:44 3rd Exit Audience
09:31 Popular with tenants
09:51 New Design & Low renovation cost
10:21 Progressive payment
11:11 SSD / Black out period
14:00 Brand new lease
16:00 1 year delayed installment
16:18 Defect Warranty
16:43 1st Mover Advantage
18:49 Caveat Emptor - What you see is what you get
19:10 Summary
19:36 2 Types of Disparity Effect Strategy
25:40 2025 | Abnormal inflation to future price expectations by resale sellers
27:00 2028 | Real estate market prediction
27:25 Closing words
28:00 Outtakes
154 episodes
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