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Old 19-05-2019, 06:13 PM   #14
Senior Member
Join Date: Oct 2018
Posts: 549
Actually CDL paid more for the land for Sumang EC than for Tapestry. Tapestry sell at 13XXpsf. construction for EC is it that much cheaper in cost? can sell 30% cheaper although the land cost is slightly higher.
Developers will ALWAYS maximise their profit. So what they got the land at cheap prices, still will sell at maximum market price that the public is willing to buy. Parc botannia land price is also $400+psf, much lower than all recent ec land price. They still sell at $1300psf, not a cent lesser. And how much they can save on construction of an ec before quality suffer and buyers complain haha.
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