birmingham123
Master Member
- Joined
- Aug 3, 2011
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- 2,933
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Go and reread your recent comments.
“Resale condo should price higher than new launch condo”. This is obviously ridiculous.
“Resale condo should catch up with new launch pricing, not the other way round”. Like that developers can anyhow bid la?
If you can post some facts to justify your points, I am cool. However, your above 2 statements are obviously incorrect.
If developer launch a project at a sky high price and not many people buy, of coz the price will drop. But for sold out projects, normally what I see is resales market price will be higher than launch time or catch up with the new launch in the surrounding or higher since it is a ready unit and no need to wait.