The pricing is more reasonable considering the closer proximity to pavilion. I think they realiZe the competition around and trying not to drive investor or purchaser away to other project if they got for much higher price. I seriously don't think it is worth 1000psf anyway , so the current price with rebate actually resulting in nett price of 760-770 psf is more reasonable .

Agree.especislly for investment

I think a lot of people being fooled into the terminology of return. you need to compare to the opportunity cost in this case.

Firstly if you have 100k case, lets assume with FD, you will earn let say 4% per annum, 4k per year.

Now , investing that 100k into deposit of a 500k property, will resulting in 2 things:

1. no more 4% return or 4k per year
2. You need to pay 4.5% on the loan (400k) , assuming all the cost covered and assuming property is completed. which is about 18k a year.

So, if you want to maintain 4% return on your 100k, you need to rent out the said property at min 22k a year (assuming again no other cost , like assessment, maintenance, etc). So roughly you need the rental to be about 1900 per month. on a 500k property (Assuming again that is the market price), your rental yield is about 4.4%.

take note that the rental price is driven by market and not what we desire unless the demand is so high that the owner can call whatever rental fee that they like. But still, there will be a limit , before the demand shifted or reduced due to increasing rental.

You may argue that property give you capital appreciation, that is true and only valid when the market (direct or indirect) is not suffering or you are not buying at inflated price.

SAme like stock market, you need to choose what to buy and when to buy, seriously, how many really knows for sure.