QUOTE(bearbearwong @ Sep 7 2014, 05:57 AM)
developers research package everything= 403k
flippers upon vp = trying to sell 750k above, is this included in their market research?
likewise with BTS, in 2014 they start building, 3 months before vp i.e by 2016 can sell 750k?
if that is so, BTS will favor developers and flippers more.. developers get to sell at higher price, they can flip it themselves... why wanna let flippers profit the 300k without doing anything? they bare the bigger risk like completing, constructing the unit..
of course the game is not like that, new launches now days also cant finish selling.. even with freebies discounts and etc..
Lol, BBW seems like do know about the importance of cash flow. If a developer have cash 100 million, they may need to put all this 100 million in one project if it is BTS project. But if they have progressive payment from the buyers, they can vest this 100 million into 3-4 similar projects, no? Is this really pro the developer?
You thought developer will make rugi business? They already factor in the "risk" of BTS concept into the selling price lah.
If they use the current market price, perhaps they will launch it at around 600k, but because of the "BTS" concept, then they jack up the price to 723k loh, no?
Home buyer instead paying 60k as dp, now they need to pay 73k as downpayment instead, good? Maybe good, coz they can move in almost immediately after settling the 90%. However, because of this, they may need to pay the future price as well.
However, this would not definitely curb the flipping activity, as who said flipping cannot be done on the "subsale" project?
This post has been edited by samkps: Sep 7 2014, 12:04 PM