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