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Old 27-07-2019, 02:50 PM   #1373
momoeagle
Senior Member
 
Join Date: Nov 2007
Posts: 1,250
Experts have explained that no one can understand human psychology. The winners are those who do their own research and buy the right project.

If property investing is so easy, just buy any new launch anytime and sure make money how nice.

Be careful, if I were the one who made your comment, I would be lashed out so badly and accused of ‘talking down’ the market
Well, I saw a report somewhere that based on URA statistics currently, almost 80% of PC new launches have less than 30% of units sold.

And another report also mentioned that one way developers could do to push up sales numbers at the new launches is to somehow issue options to purchase during the launch, let it lapse, and let it become a return unit. Sales numbers will look very very nice then.

I am still learning.
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