i think they would be crazy to sell it at 600psf (starting).... first of all, this is not low density ...42 acres per 2800 unit. about 70 unit per arce...to sell at this price at that location, i think it is better to be lower than 50 unit per acres...

secondly, the smallest unit is 1400 sq ft. so, even at 500psf, the starting price would be 700k and this is only the first block....are they expecting to eventually launching the last couple of block at 1200psf ?

Well, interesting to see what are they offering to sell at this price (600psf)....

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Added on January 2, 2012, 9:37 amregister at their website....but the preview starting from 6-8th Jan. So i guess, you may call them directly.

This post has been edited by spydermind: Jan 2 2012, 09:37 AM

If they are confident i guess they wont reduce the unit to 2800 assuming the unit size maintained. But if they are reduce the number of unit and making each unit bigger, than perhaps they are really very confident because it is much easier to sell smaller unit (e.g. 1000sq ft) as the entry price would be lower.

500 psf is not something new or expensive per say at this part of the area....but that's depends on what are the overall offering...and the scary part is that the cheapest unit would then be 700k..we are talking about 2800 units with at least that price.

paying 10% is one thing, for those who need loan, they capacity to secure bank loan is more important.....With nett income ruling...if you are taking a loan of let say 600k...over 30 years, you are committing about 2.4k a month, with net income ruling you need to be earning close if not 5 sigit pay, that is also assuming you still have not reach the gearing threshold...

For condo with more than 1000 sqft, 2 parking bays are required and this is a mandatory requirement. So, this is standard.

I thought eventually this will be 2400 unit?

Thanks for sharing...but nowadays, all the specification looks the same......brick wall, quality lockset, laminated flooring, etc...easily more than half a million, but developer still protecting their interest but generalizing the specification.