Feb 8 2021, 03:17 PM
QUOTE(special @ Feb 8 2021, 03:06 PM)
sounds like prices has gone up, but in my opinion is only asking Price listed on property portal that has gone up or remain same.
but actual transaction or real transaction is little to none.
Is easy to buy not easy to sell because your competition is not only from new project, lelong units many, your same neighbour list lower price and also surrounding many want to let go.
so you can say price went up, but no take up consider as profit?
Subsale now is quite hard to sellbut actual transaction or real transaction is little to none.
Is easy to buy not easy to sell because your competition is not only from new project, lelong units many, your same neighbour list lower price and also surrounding many want to let go.
so you can say price went up, but no take up consider as profit?
1. HOC means free legal/stamping
2. Undercon mostly now minimal/zero upfront capital
2. Subsale require alot of upfront capital, 15%-20% of spa price, many people do not have that money in pocket, so even if you try to sell at good deal, also alot of people cant afford.
4. Cash is king, many people wouldnt want to pay upfront cash for subsale, would rather save the cash for emergency life fund, or invest in stocks/crypto if have extra
Even if I want to find a good deal subsale, i might not want to buy, rather take the cash to save/invest now, thats why its hard to sell now.
You are right, asking price is 1 thing, but also need to consider number of buyers in the market.
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