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Old 27-07-2019, 01:28 PM   #1361
Passerboy
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Join Date: Jul 2019
Posts: 2,122
And some believe the developers are obliged to sell to them the Lexus -at- Toyota - price cheaper.
I think the issue is whether the developer will transfer the lower cost over to the buyers, which might not be the case, and the psf diff in the land bid is less than $50 psf, even if they can do so, there are other areas of savings (such as finishing of product) which they could save on, thus ppl usually prefer a reputable developer.

If there is a demand to sell at $1100 psf why would the developer sell at $900 psf even if he bought the land cheaper. And there is limited EC in the market currently, a lot of first timers are also looking to buy an EC in current market instead of BTO which leads to pent up demand.

That said, i am curious to know the launch sales for piermont grand, social media seems to paint a rosy picture of snaky long queues.
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