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Old 28-07-2019, 08:58 AM   #1503
Passerboy
Senior Member
 
Join Date: Jul 2019
Posts: 602
My take is might be harder to sell more because first timers dont have the buying power of 2nd timers.

Unless more quota is open for 2nd timers, I can't see many first timers young couples affording 1.5 mil and up.

imagine this
quota for 2nd timer 246
239 bought

quota for 1st timer 574
133 bought
only 23% of first timer quota filled.
mmm, yeah agreed, unless they have family support.
Young couples are likely to buy the smaller quantum units, and I notice that young couples are also not too ambitious on their need for space, a friend of mine who is getting married, ended up buying a 2 bedroom at RF.
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