QUOTE(Asali @ Jun 26 2014, 10:34 AM)
If they bought at 9xxK with 10% down-payment then they have to pay at least RM4000 per month for instalnment once completed. I think they are paying around 3000 per month for 75% completed now.
BNM will mostly adjust a bit on interest rate next month, hence holding power need to be strong + Reed majority are taken by investors (as we can probably seen that less than 50% occupancy rate in Dale).
Dale is open sales. I understand some investors booked 3-4 units in one go, so more likely they are investors.
Reed is by balloting which starts on 9am, at 3pm the same day, after 90% units being sold, there are still around 50% balloters in the balloting ball room waiting for their luck to be called. From my observation, investors will be gone after 50% are sold as no more choice units, only the own occupiers will stay back struggling and pick their unit for their own stay with the last 10% chance
There are many Dale's bulk investors fail to get any unit in Reed, as no luck on balloting.
So u can't use Dale to predict Reed's sub sales