Ur comment sounds like developers all sell properties is baojiak 15% wan ah? Think the amk n lentor tough leh, this area can support $2k/psf property? Hope FEO n guoco can do charity and sell at breakeven###
Think you missed my point.
PR8, if indeed 1,7xx psf, developer makes about 50% margin.
Today we are seeing about 15xx to 16xx psf avg selling price ... of course still make margin lah, just that it is not 50%, Maybe 3x%, ... very healthy compared to avg 15%...
For TM, I don’t have the numbers, but think 1,6xx psf is not 15% margin..
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