The cost for a developer already high i believe, if the land they acquired already 300k/unit plus the construction cost 400k = 700k.

They earn the 200k profit only, even if they lower the profit, still hardly to sell out.

See the bandar baru land cost, RM850/psf x 1000sf land area = RM850,000. How much can the developer sell if the land they brought already RM850k?


https://www.nst.com.my/news/nation/2019/09/...baru-landowners

This post has been edited by kingmafia: Oct 16 2019, 10:08 AM

The development of high end condo such as area in Iskandar started during the Bossku era. The purpose is to sell to mainland chinese and provide a second home destination for them.

i was comparing to the 2 storey housing. Because thats the expensive type in johor.

If you want to compare high rise then it's no point, cause the price different between the two is huge.