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 V10 - Property Prices (Up, Down or .....), and the debate goes on and on and on ...

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sting79
post Mar 17 2013, 02:27 PM

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QUOTE(Nikmon @ Mar 17 2013, 11:14 AM)
Why auction and  new launch still hot but sub sale so slow How average home buyer think, isn't a sub sale now is more worth where price alway cheaper and ready for move in. Why why why....
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Boss, you post this hoping someone would answer but I'm sure you know already right?

New launches - low initial cost (low downpayment, DIBS, other discount, pay only interest before completion, etc)
Subsale - high initial cost (10% downpayment for most cases, immediate full monthly installment, renovation costs, etc)

Obviously most people falls under the category who prefer low initial cost, no? Go in low, go out high ma...


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