View Single Post
Old 17-05-2019, 09:48 AM   #1059
annetyu
Banned
 
Join Date: May 2018
Posts: 1,321
developers just anyhow bid since they know buyers willing to pay based on their breakeven cost
Thats how agents always market their projects, referencing to breakeven cost of future projects, making buyers panic and snap up thousands of overpriced units last year.

But yes as broadwalk said, many rich singaporeans so still possible to sell. Good to be developer, provided future land bids continue to be bullish which does not seem to be the case.
annetyu is offline   Reply With Quote