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Old 21-05-2020, 09:30 PM   #1902
Senior Member
Join Date: May 2020
Posts: 1,189
Although we were celebrating Koparís low land price before launch, this same factor is now posing a big threat.

If sales slow, the higher margin simply means that Cheap Eng Seng can slash prices at the expense of earlier buyers without making an overall loss (Recall how they screwed CityVista Residences 8 years ago)
Those whose land price were lower can afford to decrease prices and thatís one concern for some who buy into those projects during these uncertain times
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