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Developer mark up 30%; rebate 30%.. 0 Downpayment., Everywhere is loophole..
innsean
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Oct 30 2017, 04:42 PM
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I supposed those high rebates offered by developer is to allow all types of buyers in the market give, both 1st time or 3rd property purchase with 70% margin.
Can be a good thing if looked at cash flow perspective vs buying from secondary market albeit cheaper psf
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nookie188
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Oct 30 2017, 04:54 PM
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QUOTE(innsean @ Oct 30 2017, 04:42 PM) I supposed those high rebates offered by developer is to allow all types of buyers in the market give, both 1st time or 3rd property purchase with 70% margin. Can be a good thing if looked at cash flow perspective vs buying from secondary market albeit cheaper psf in current market it is especially true - high rebates given are usually a sign of desperation ..the higher it is the more desperate the developers are ! yes it allows more people to buy but at future prices - this is asking for trouble (for the buyers that is)..
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pokeat
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Oct 30 2017, 05:12 PM
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Yup, it's available in the market.
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innsean
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Oct 30 2017, 05:28 PM
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QUOTE(nookie188 @ Oct 30 2017, 04:54 PM) in current market it is especially true - high rebates given are usually a sign of desperation ..the higher it is the more desperate the developers are ! yes it allows more people to buy but at future prices - this is asking for trouble (for the buyers that is).. yup, but opportunity lies at the subsales surrounding the new development especially with some element of malls or retail guess, not all buyers look at investor standpoint too
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samkps
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Oct 30 2017, 05:31 PM
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Bank can value until 30% higher?
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Learjet35
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Oct 30 2017, 05:52 PM
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QUOTE(wkkor @ Oct 30 2017, 04:13 PM) Please share.... Ace group.pls google and im not their agent or anything.im one of the investor. Downside,500k min.
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Learjet35
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Oct 30 2017, 05:54 PM
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QUOTE(nookie188 @ Oct 30 2017, 04:54 PM) in current market it is especially true - high rebates given are usually a sign of desperation ..the higher it is the more desperate the developers are ! yes it allows more people to buy but at future prices - this is asking for trouble (for the buyers that is).. The price i got was the price bulk buyer when they first launch symphony hills.
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vyap
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May 23 2019, 11:30 PM
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New Member
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QUOTE(tikaram @ Sep 21 2012, 01:34 PM) oh 30% is too much Any project/case as ref? I doubt you have any example to show or your developer firend just talk cheap again. I can talk and talk that my part time maid is earning 5k.... but pls don't believe me. EcoSky 30% discount, balance 70% loan.
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icemanfx
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May 24 2019, 11:03 AM
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QUOTE(vyap @ May 23 2019, 11:30 PM) EcoSky 30% discount, balance 70% loan. To entice those have 2 or more property and if bank could agreed to the value, 30% discount could become common practice. This post has been edited by icemanfx: May 24 2019, 11:03 AM
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max_cavalera
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May 24 2019, 12:10 PM
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QUOTE(Helius @ Sep 21 2012, 02:44 PM) There is few project started to give 20% rebate in market.... U guys find out urself.... 30% rebate is on it's way.... But of course is a mark up 30% up front... Slowly u will see more project giving 20% very very soon.... 20% rebate is because Soho project right? Bank won't loan u 90%. 80% max that's why they come up with 20% rebate
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