May 10 2021, 06:36 PM
QUOTE(techman007 @ May 2 2021, 06:32 PM)
Hi,
Why has the price of condos reduced in SAVANNA Executive Suite Southville City, eg 945sq ft 3 years back at 420k, now is ready and cost 270k to 350k ?
Can anyone advise, why the price has reduced and any likelihood of increase soon ?
Thanks.
Let me share some experience on this.. Why has the price of condos reduced in SAVANNA Executive Suite Southville City, eg 945sq ft 3 years back at 420k, now is ready and cost 270k to 350k ?
Can anyone advise, why the price has reduced and any likelihood of increase soon ?
Thanks.
Usually when you buy the property during the construction phase, the price might not necessary match near to the market price.. By the time, the Occupation Permit or CF is issued, it would then follow the market rate.
There are cases whereby developers pushing for the units to be sold out before the CF in order to avoid this issue.
If when buying got cashback, means that the property price has been inflated to give the cashback. Just my views.
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