QUOTE(Mixxomon @ Jul 1 2025, 09:12 AM)
Take up rate is a very vague term. Doesn't equate to SNP signing.
SDP always organize events and ask you register interest in some unit for some free coffee. When you register already they consider "take up". Not necessary need to buy in the end.
Database from KPKT is the most reliable as it shows units which buyers already sign the SNP.
Take up rate after launch is usually based on availability. Meaning if 100 units launch, and take up rate is 80%, this means 80 units booked, and 20 units available for booking. It can take 2 weeks to 3 months for these to convert to sold. Meaning SPA signed and loan obtained.
Most developers will announce take-up rate, which means numbers of units booked (booking fee paid, units selected, documents submitted), but it is not considered sold yet.
Teduh website is new from KPKT, and based on information pulled from HIMs, units will be marked sold once the eSPA is ready, but not necessarily when SPA is signed. It is likely very accurate, but unlikely to be accurate until units are sold, for new launch this will take time.
This post has been edited by babu_my: Jul 3 2025, 10:51 AM