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Old 28-07-2019, 07:22 PM   #1568
josephcws
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Join Date: Jan 2018
Posts: 322
Sell like hot cakes is better. Like any business, cash in pocket is always better than potential cash from assets not sold.

Cannot sell fast = increased marketing costs plus lesser cash in bank for developers. Hold too long also kenna absd.

This time round, it shows that first timers appetite is mainly for 3 bedrooms. The next ec launch is coming soon in jan 2020 and Sumang needs to up its game to attract more first timers to fork out 1.5 mil + stamp duty for remaining quota.

How? Tell everyone again. Only ec launch in 2019 leh! Come buy leh! Come come! Next ec sure more expensive, come buy!

As the next ec developer, how would you then counter that marketing effort?
I think the really funny part of this whole episode is before the balloting day, most were saying this project confirm sell fast as it is "only project this year", got a ready pool of buyers already.

After balloting day the discussion becomes the price is "right", we would not want the project to sell out as soon as it launched.

I mean the signs are all there guys, there must be a reason for everything to happen as it is.
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