actually 278k is same as during launch price, the Lelong Unit doesn't buy at cheap.

I wonder the lelong coming from those that buy 500k (cash out), then unable to finance … heard there are some money lending syndicate arrange their debtors to buy these 300k value but work with agent, valuer and banker as 500k snp so debtors can take 200k cash out to pay ah long, indirectly now the debt transferred from ah long to bank.