It somewhat shows the confidence that the developer has in the project and sets a floor price for the property upon VP, but if I am not mistaken the guaranteed value is the net price minus the legal fee, admin costs etc, meaning if the property doesn't perform well, owner will still lose money, just not as much.

At the end of the day, still need to do your due diligence on whether this is a good project. Cannot simply buy just because there is a "value guarantee".

can share how this works?

I went to their showroom and they say will be completed by 2024. Not under HDA and after completion leasehold only 83 years left. However SA said defect period will still be 24 months and after completion date 5 years later within 3 months if the property lose its value they will either top up the lose value or they can buy back the property (with after rebate price). Also it comes with almost fully furnished unit but they refused to let me know which brand will they provide for all the furniture.

Commercial electricity charge and carpark is 10 years free. after 10 years will start to charge.

Their other projects edusentral and edusphere the construction seems slow according to the buyers.

So is this property (lakeview) worth to invest? anyone can enlighten me with the pros and cons?