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Old 21-05-2020, 08:49 PM   #1898
Ohw123
Senior Member
 
Join Date: May 2020
Posts: 1,128
just because the developer bought the land cheap doesnt mean they will price the new launch cheap.

Kopar @ Newton bought land at S$1,100 ppr but they launched at at average of $2,350 psf anyway...

they are profit-driven and they will test the market as far as possible to achieve a price range that will earn them the most.. not blaming them but everyone just gotta earn their own dough
Ya. Kopar at newton despite having a land price of just 1100psf had an average selling price of 2350psf when it could have launched at an average of lass than 2000psf while still making profit

An example is SR which had a land price of 1050psf and launched at 1850psf while still making profit, so it is possible
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