@wodenus,
If it's a planned low-cost unit, developers do NOT lose $ on it!

@wodenus,
siGh.. trust me lah... no developers will do it if they lose $.. have U ever come across a businessman who'd be willing to lose $ in his biz?! And we're talking about these china-pek property tycoons here in MY!!

@jchong,
Bear in mind developers purchase in bulk. The prices they get for raw materials are much much much much lower than what we can get. Therefore.....

@wodenus,
I'm telling U it IS possible!! I'm not going to be able to show U actual P&Ls but take it from me that it is possible.... though it's not something I want to be living in

@wodenus,
There's a reason it's called LOW COST! And how on earth did U know I lived on Jalan Elitist - U haven't been stalking me, or have U?! hAHahAHhaHAhahA

oKie.. the next time I meet up with the group of developer friends of mine, I'll ask them if they make $ from their low cost parcels n will report back here `k?

I still believe they do!

@jchong,
BU got away without low-cost housing but I don't think developers are able to do that anymore. Even the Valencia township has low-cost houses - it's just not marketed as part of the development but it's there if U know where to find it

@wodenus,
No, BU doesn't have low cost houses - it was a topic which was discussed at lengths previously [perhaps not on this forum but amongst developers akin]

This post has been edited by tinkerbel: Feb 3 2009, 02:08 PM

@jchong,
Ah well.. in this country, nothing's impossible However, I think it's difficult for developers to get such approvals from now