I was trying to think hard and make connection between what u meant by students’ choice in number of questions in the assignment they choose vs my statement on “willing buyer, willing seller”. They simply don’t gel and probably you have misunderstood my point.
With no intention to offend, bro, I noticed recently your points are rather skewed when u keep using % of unsold units (especially on mega projects) to prove your point on the poor buying sentiments. You may only be telling the half truth.
I do acknowledge some projects like G&L are not selling well and have not evaded the fact that they have priced their unit in a rather obscene manner.
But in the recent past two months, I’m still seeing treasure moving around 50 plus units and Florence are also moving around 50 plus units every month and is not as gloomy as you have painted. Unless you are telling me the ura/srx/per sq foot data are lying? Obviously, these mega projects needs to take longer time to sell compared to smaller project like sky Everton.
But what I’m seeing here is there’s still some buying activities going on despite recent dampening factors like latest CM on LTV and ABSD, slow economy, higher interest rate etc.
Honestly, I’m not even impressed when sky Everton is 50% sold because it has only 200 plus units to begin with. Recent article saw a 1.3% rise in price and I’m not impressed at all as it could be a case of anomaly.
We need to look at things in totality and comment objectively.
No problem. I believe your idea of time of entry is similar to mine, so we are actually looking at the data from an arms length. You notice I am only replying to you as I wanted to exchange notes with you.
I was also surprised by the increase in price. However, must also look at the volume of transaction and percentage of transaction of new launch versus resale.
Some Analysts say this is a dampening effect, meaning last quarter minus 1%, this quarter plus 1 %, next quarter 0 or minus again. But not deviate by the band of plus minus 1 to 2%.