Sorry, such thing won't happen in city area, in rural area maybe will happen.
Because now when they sell 1 unit, it can cover 15-20 units.
And with sold before sell strategy, they won't worry on this because they know people are stupid enough to chase.

Then Profit margin at least 1000% based on what u say?..got so much???

Just check the developers that listed in Bursa, their new income per quarter are in billions. That's after all the salary paid to all the staffs and board of directors.
A piece of sand brick we buy from hardware shop is rm0.50-0.70 while developer buy in trailer which only cost rm0.10-0.20 including transportation.
And some now are using cement slab as wall, it is even cheaper.
And most of the properties now are made from glasses, so again the cost are lower.

This post has been edited by supersound: Oct 24 2014, 08:54 PM

Laugh gao die me.

Knowledge is so important. Oopsi Soli I dun hav it. Paiseh.

My fren said cannot check it anymore!

Apa cara ni? Practical kah?

If 1 person can only buy 1 property, the sales figure will be very nice to see. For 1 new flat being built, about 5-10% are sold, not more than that.

Wahsei you make me so happy man!
If follow what you say then every project developer only need to sell 10% then can get breakeven /net profit alrdy.. Whey need to advertise and give discount like what happening now?!

Got discount meh? I only know they will keep increasing the price every month. Like increasing 10-20% then give 5% discount. If this is the discount you waiting.

Boss increasing 10-20% 'll make dev price double in no more than 12 mths wo. U sure ur statement is korek ar???

You may deny my statements, I have no problem with it.

A Q is a Q. Not denying. But need more explaination as of how dev hike the price. I'm no brainer in dev job. Pls enlighten.

No obligation.

Boss, this is call "1 mountain still got another mountain higher".......

bbw..... u are out already.....

My relative are from construction business. A 22*75ft landed terrace house including everything cost no more than rm70000, but it is selling for rm700-800k, so what is the profit margin here? This is the cost of buying material from hard ware shop. If buying in bulk it will be much more lower.

This post has been edited by supersound: Oct 25 2014, 11:28 AM

like that all developers are multi billionaire lo ... how much is the land cost for a typical 22x 75. say in kajang as kajang is hot now.
bear bear you are out liao!

This post has been edited by bcpbeancounter: Oct 25 2014, 11:31 AM

Till today I yet to see any developer are making lost profit except those building low cost house.

bbw ask his sibu come out from mountain to rescue him?

This post has been edited by bcpbeancounter: Oct 25 2014, 11:33 AM

do they make billion for every project? i hav no doubt they are making profit, question is how much. as per your theory, it should billion in every project.

Boss my Q is the 10-20% hike in every mth. No need to tell me bout cost. It's not relevant wo.

Can I learn fr u the price hike strategy in a project???

Say fennel first launched at 600psf. Til today on ur claim of 10-20% price hike a mth mean they should sell at 1.2kpsf.

Can u explain fr there???

Remember it's just an example. I'm not saying fennel was at 600psf. I dunno cos I dun buy resi.

Pls share. Noob here. Paiseh if I'm wasting ur time. U can Alwiz choose not to answer if u dun hav the answer.

No obligation. Thanks