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Thread: Parc Botannia at Fernvale

  1. #106

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    Quote Originally Posted by star View Post
    Surprise to see Riverfront residences is selling so low price. Curious to know what will be the sale like on 7 July for Riverfront...
    I guess riverfront will only sell at that indicated price on the first day to create the hype. Then they will inch up the prices to slowly sell till top. Their land cost is 669psf ppr including the 10% balcony bonus. Their profit margin will be razor thin if all their units sell at that indicated price.


  2. #107

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    428 units sold so far or 58% of total units.

    Quote Originally Posted by bargain hunter View Post
    PARC BOTANNIA FERNVALE STREET Condominium 28 OCR 99 years leasehold New Sale 1 $1,248,112 - 872sq ft Strata 16 to 20 1,432psf Jun-18

    buyers are willing to pay a premium even though Riverfront is launching at 12xxpsf.


  3. #108

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    Quote Originally Posted by azeoprop View Post
    428 units sold so far or 58% of total units.
    with this being their only project, they seem really happy to let it ride with the tide as still have 3+ years to sell from now.

    on the other hand, riverfront should be as you said. they need to sell fast as they NEED to so they will use the first phase to entice buyers. chances are that the bulk of the remaining units will be sold from 13xxpsf.


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