Dec 28 2021, 10:41 AM
QUOTE(DragonReine @ Dec 14 2021, 10:36 AM)
It's that price in part because it's so high density. If it's lower density like 2k units within the area then confirm will not be that cheap already. More units = more people to share the cost.
Surrounding area all lower density, matures neighborhood, trying to compare whether a project is good/bad based purely on psf is false equivalence fallacy.
Lower psf is a plus point, but there's always a trade-off, and in this case here it's definitely the overall density of the project.
Then the next question is who or what can absorb that density. It remains to be seen as the M40 cohort have greatly depreciated in spending power and it seems all developments in KV are targeting this 500k+ market hence the large supply.Surrounding area all lower density, matures neighborhood, trying to compare whether a project is good/bad based purely on psf is false equivalence fallacy.
Lower psf is a plus point, but there's always a trade-off, and in this case here it's definitely the overall density of the project.
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