of cos, it doesn't work this way, PLS TAKE THIS NEUTRAL.. IN ANY WAY WE R JUST MAKING THE SAME COMPISON ACROSS ANY PRODUCTS..
The same first five criterias to categorize a prop.. Can be use for things like aster, yc3, Trion, arcuz, serene, n so on..
Firstly, This Dev is not the fair comparison to Icon. Jz like u say City is cheap than Civic. Are they the same type of product first at the very first place..
Secondly, don't just compare due to price. Consider upcoming competition of rental n capital appreciation due to other competing or complimentary products like Agile, Kami, Arte, Met n so on
Third, the purchaser mixture, is it highly investors, mix of investor or own stay or high on own stay.. High amount of investors means u hv stiff competition renting n selling, which also means higher pressure to rental /sales, which means u can hardly raise much price
Fourth, also consider other costs, like post VP Vacancies n other related costs.. What's the cost and waiting time like to achieve 200psf appreciation. And to note that 200psf is not nett gain. To deduct undercon prog int, reno cost, holding cost, insurance, taxes, assessment, tenancies cost..
Fifth, how's other YNH similar products deliveries and performance. How's the past performance of YNH products and good graded props, how's the feedback of previous buyers of previous good graded products . Is it appreciating upon VP? Isit easy to rent, or sell upon vp?
And do not forget the density of this project.
Not a fair comparison with Kami and Icon.
I do not recall any of of YNH past projects that allow buyers to make decent profit. Definitely not in Ceriaan Kiara, Fraser Residences/place, Sfera. Some of these are even launched during the heyday property market. Hopefully Kiara 163 (mall, office and resi) will have good return performance.
And I assume for this project are sold mainly as investment grade property which targeted to investors.
Good Luck.