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The Florence Residences, same stack, both sold in 2026

Sold $185,000 cheaper. Made $191,000 more profit.

Two 4‑bedroom units at The Florence Residences, same stack, same size. My client paid $376,000 less when he bought, so he could sell for less and still walk away with more. In a free 4‑minute video, I show you how to spot that kind of unit before you buy.

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Watch the 4-min videoThawhir Iqbal, Top Transactor; 5-Star Rated, PropNex
Thawhir Iqbal in his studio
Thawhir Iqbal
Directional Advisor, PropNex
Since 2021

How I pick a unit

I look at the price of the unit first, then the project.

Buyers usually ask me which condo is the best. But inside one project, one unit makes a healthy profit while the unit next door barely breaks even. Most of the time, the difference is what the owner paid to get in.

The one question I check for every client

When you sell, will someone pay more than you did?

Since 2021Helping buyers and investors
New launch and resaleI sell both, so I have no side to push
What the owner paidChecked on every unit I recommend

In the video

Three things I check before I recommend any unit

A lower entry price is a safer entry. These three checks tell me whether the price is right, and I go through each one in the video.

1Room to negotiate

What did the owner pay?

If he bought low, he has room to lower his price for you. If he bought high, he can't go below what he paid, and you end up covering it.

2Your break-even

What price must you sell at to make money?

Add stamp duty, legal fees and loan interest to your purchase price. Sell within 4 years and you also pay the 4-year selling penalty. That total is the number to beat.

3Your competition

Who else will be selling when you sell?

Count the same-size units in your project, plus new condos nearby that will be ready by then. The more units like yours, the harder it is to get your price.

The proof

Six real examples. Pick one.

Two are my own deals. Four come from public sales records. In every one, the owner who paid less to get in came out ahead.

    My sale, new launch

    The Florence Residences

    4-bedroom, 1,270 sqft, same stack, both sold in 2026

    Paid $376,000 less to get in

    My client sold for $185,000 less and still made $191,000 more profit, because he paid $376,000 less to get in.

    In all six, the owner who paid less had more room.

    More profit at Florence, Martin Modern and Clavon. A quicker sale at Florence, done in about 3 days. A better price for my buyer at The Seawind. The freedom to sell at The Botany. A $110,000 head start at Kassia.

    Why it matters now

    Thomson Reserve sold 1,143 units in two days

    At a launch, most buyers pick their unit in one afternoon. In resale, a fairly priced unit doesn't stay on the market long either. Whichever you're doing, it helps to know what to check before you're the one holding the cheque.

    Thomson Reserve30 and 31 October 2026
    90.1%of 1,268 units sold over the launch period
    Sold 1,143Left 125Each square is about 1% of the units
    URA, Q3 2026+1.4%Private home prices, July to September 2026

    Prices are still rising, while thousands of new homes are on the way.

    URA, end Sep 202644,738Private homes, including ECs, with planning approval in the pipeline

    That's a lot more choice for buyers when it's your turn to sell.

    What it means for you

    If you overpay at the start, the market is less likely to cover it for you later.

    Watch the free video

    Free video

    Ready to watch the video?

    If you're going to a launch preview, comparing resale units or upgrading from your HDB flat, this 4‑minute video shows you how to tell whether a unit's price gives you a safer exit, before you sign anything.

    In the video

    4 minutes
    1. Part 1How to tell if a seller can drop his price

      Check what he paid. That's how my Seawind buyer got a higher floor for $40,000 less.

    2. Part 2Why a higher selling price can mean less profit

      At Florence, paying $376,000 more at the start meant $191,000 less profit at the end.

    3. Part 3The question to ask before booking day

      Use it on any new launch unit or resale listing you're looking at.

    After the video, if you want it

    Your free Safe Entry Shortlist

    • 5 to 8 units for sale now, in your budget and the areas you want
    • What each owner paid, so you know how much room you have to negotiate
    • The price you'd need to sell at to make money, with stamp duty, legal fees and loan interest counted
    • How many similar units you'd be up against when you sell

    What happens after you sign up

    1. Watch the video

      It plays on the next page. I'll also send the link to your WhatsApp.

      Right away
    2. Ask for your shortlist

      If you want it, tell me your budget and areas below the video.

      Optional
    3. Get it on WhatsApp

      I check each unit myself. If I can't find what an owner paid, I'll tell you.

      About 2 working days

    Watch it now

    The video plays on the next page. I'll also send the link to your WhatsApp.

    Thawhir IqbalTop Transactor; 5-Star Rated, PropNex
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    FAQs

    Questions

    Anything else, ask me after the video. I reply on WhatsApp.

    Watch the free video
    Is the video free?

    Yes. Sign up and it plays on the next page.

    Are you selling a launch in the video?

    No. It covers two finished deals and the checks I use on any unit, new launch or resale.

    I'm not buying for a few months.

    Watch it now. These checks are much easier to use before you fall in love with a unit.

    Can you check units for me?

    Yes. After the video, you can ask me for a free shortlist of units that pass these checks.

    The pool deck and towers at The Florence Residences

    Free video

    Check the price before you book

    It takes 4 minutes. Watch it before your next viewing or launch preview.

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    Terms

    The information on this website is general and for education only. It is not financial, legal or tax advice, and it does not take your own situation into account.

    Figures come from URA sales records, public transaction records, launch prices and estimated values. They are not formal valuations, past results do not guarantee future results, and nothing here is a promise of future returns.

    Estimated figures are marked as estimates. Stamp duty, legal fees, loan interest and selling penalties depend on your own purchase, so check them for your case before you buy.

    Thawhir Iqbal, PropNex Realty Pte Ltd. CEA Reg. No. R063491G.

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