Mar 18 2013, 11:50 PM
QUOTE(twincharger07 @ Mar 18 2013, 11:34 PM)
One more thing that will happen in 2015 is the compulsary of build then sell concept..
IMHO it will caused a knee jerk in the prop industry..
Small players will be struggling with this terms and even big players might scale down their launches since they are absorbing all the risk themselves and also to improve cashflow.. thus potentially lower supply of properties after BTS is implemented..
Not just the smaller ones bungkus. There will be oversupplied fast if they launch completed project like 6 months apart. This is happening in one of the projects. Really take some time to absorb home ownersIMHO it will caused a knee jerk in the prop industry..
Small players will be struggling with this terms and even big players might scale down their launches since they are absorbing all the risk themselves and also to improve cashflow.. thus potentially lower supply of properties after BTS is implemented..
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