How to Buy New Launch Property in Manhattan

New launch condominiums have higher price per square foot, but rent per square foot is also higher. The end result is that the rental yield is higher than Resale property.

The buyer of a new launch is getting a discount to the price of the completed property. This booking discount is a key reason why buyers get into new launch condominiums.

Read the full article here: How to Buy New Launch Property in Manhattan

About:  
Wei Min Tan is a Manhattan, New York property broker focusing on global investors of Manhattan condominiums.  Wei Min has been interviewed by CNBC, CNN, Wall Street Journal and New York Times on the Manhattan property market.  Wei Min can be reached at tan@castle-avenue.com