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Old 17-05-2019, 08:55 AM   #1057
batdow
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Join Date: Jul 2000
Posts: 2,958
Some analysts previously said break even was aro 1600psf, not sure if they took into account the commercial aspect of the project.

We should stop bothering about developers profit margin. Buyers should not be bearing the consequence of their mistakes.

Hard to say $1800 will be sold out with current market sentiments and those KS / ‘euphoric’ buyers already shot their bullets.
developers just anyhow bid since they know buyers willing to pay based on their breakeven cost
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