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 Cyperus Serviced Residences, Tropicana Garden Phase 4

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overfloe
post Nov 6 2014, 03:19 PM

Ain't nothing but a thang..
*******
Senior Member
2,208 posts

Joined: Jan 2003
From: stankonia
mmm.. tropicana must goreng something to attract investors?
overfloe
post Nov 12 2014, 12:24 PM

Ain't nothing but a thang..
*******
Senior Member
2,208 posts

Joined: Jan 2003
From: stankonia
QUOTE(webby88 @ Nov 12 2014, 11:04 AM)
I think there are multiple factors involved.

1. Prices have gone up.  Affordability remains for the mid to upper class.
2. Many investors have already over commit.
3. Banks are getting difficult.
4. Many people wait and see.
5. LTV 70% is too heavy.
*
i think for Cyperus' case, developer's greed and overconfident pricing have overcome the above factors.. potential buyers just turned off by the 'future' pricing. Investors will look elsewhere..

 

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