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Investment SUMMER SUITES AND SUMMER V.O.S. [OWNERS' THREAD], From RM328k off Jalan Sultan Ismail

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prody
post Jan 18 2011, 09:32 AM

Dance while the record spins
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QUOTE(eXTaTine @ Jan 17 2011, 02:11 PM)
Why is 4 years construction period a big plus? Shouldn't it be a negative point as you would be paying interest during the entire construction period?
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In BBB time, 4 years is better then 3 years, 5 years is better then 4 years, 2 years is better then 3 years.
In SSS time, 4 years is worse then 3 years, 5 years is worse then 4 years, 2 years is worse then 3 years. Understand? smile.gif
prody
post Jan 18 2011, 09:55 AM

Dance while the record spins
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Senior Member
1,548 posts

Joined: Apr 2005


QUOTE(hidden830726 @ Jan 18 2011, 09:35 AM)
Explain pls. It makes alot of sense, but need explanation.
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That means in buy buy buy time, all logic goes out of the window. Anything a developer does also seems positive to the buyer. The buyer finds ways to justify any negative aspects of a project, so that in the end he can buy it.

In sell sell sell time, the same applies the other way around. Anything a developer does also seems negative to the buyer. The buyer finds ways to convince him it's not a good time to buy.
prody
post Jan 18 2011, 11:53 AM

Dance while the record spins
******
Senior Member
1,548 posts

Joined: Apr 2005


QUOTE(Pai @ Jan 18 2011, 11:22 AM)
While we cant predict whether it will be a BBB or SSS in 2015............. 1 thing i know for sure is that 2 things will be more expensive in 2015 :

1. Land cost
2. Construction cost.

So the longer you hold..........the more valuable it is.......  wink.gif
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By this reasoning 10 year construction period (2021) would be even better. wink.gif

 

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