QUESTION : Can I offer a higher price, to avoid balloting in a new project?

[meow123]

hi people-in-the-know,


I always wonder if offering more for the unit in a new project would allow the buyer to outprice the rest of the buyers?

Is it possible or illegal?


those who have the answers, please share / discuss.

thank you.

[hopeful]

the normal launch structure is like this:
private launch:
VVVVVVIP = ministers, developer give extra extra discount
VVVVVIP = friends, relatives of developer, developer give extra discount
VVVVIP = multiple units buyer who pay more than developer is asking
VVVIP = single unit buyer who pay more than developer is asking

public launch:
VVIP = buyer of multiple units, normal price
VIP = buyer of single units, normal price
IP = developer jack up price
P = developer jack up price more

so if you are only a VVVIP, you will lose out to a VVVVIP in getting the units you so desired.
however if you are up against a VVVIP, will require balloting.

in all stages of launch, will require balloting, unless you are the numero uno in the launch process.

[indomie]

the normal launch structure is like this:
private launch:
VVVVVVIP = ministers, developer give extra extra discount
VVVVVIP = friends, relatives of developer, developer give extra discount
VVVVIP = multiple units buyer who pay more than developer is asking
VVVIP = single unit buyer who pay more than developer is asking

public launch:
VVIP = buyer of multiple units, normal price
VIP = buyer of single units, normal price
IP = developer jack up price
P = developer jack up price more

so if you are only a VVVIP, you will lose out to a VVVVIP in getting the units you so desired.
however if you are up against a VVVIP, will require balloting.

in all stages of launch, will require balloting, unless you are the numero uno in the launch process.

Very educational

[Arcachon]

hi people-in-the-know,


I always wonder if offering more for the unit in a new project would allow the buyer to outprice the rest of the buyers?

Is it possible or illegal?


those who have the answers, please share / discuss.

thank you.

In the 90 's developer use their relative name to register for the unit.

Then launch the project.

Their relative than transfer the unit to the new buyer at a high price and profit the different with no money down.

[meow123]

ok, I am just a normal person, not linked to ministers or developers.

how does one get out of the balloting process, when buying a hotly sought-after unit in a new project?

speak plainly, please.

[hopeful]

ok, I am just a normal person, not linked to ministers or developers.

how does one get out of the balloting process, when buying a hotly sought-after unit in a new project?

speak plainly, please.

what the shit is wrong with our education system? if english cannot understand. what more logic :doh:

at all stages, there will be balloting, unless you are the only person in the category.

if you are just a normal person, then you will be VVIP or VIP.
Now how many units will you be buying? one or many?

if you are buying only 1 unit (ie VIP), then you go to the VVIP route, tell developer you want to buy 2 units, congrats, you are now a VVIP. so you are ahead of the single unit VIP buyer.
you put an extra deposit 5% for the 2nd unit.
when it is time to exercise the OTP, you only exercise the OTP for 1 unit, and forfeit the 2nd unit (developer returned you 75% of DP), so you pay 1.25% extra for the 1st unit.

Now if you only buy 2 units, you will be behind the queue for people buying 3 units or more.
so if you are really hardup, you pay deposit for 3 units.
when it is time to exercise the OTP, you only exercise the OTP for 1 unit, and forfeit the 2nd & 3rd unit, so you pay 2.5% (1.25% x 2) extra for the 1st unit.

if you really really really want that particular unit, then you tell developer you want to buy 10 units.
when it is time to exercise the OTP, you only exercise the OTP for 1 unit, and forfeit the 2nd to 10th units, so you pay 11.25% (1.25% x 9) extra for the 1st unit.

why go this route?
you may think paying 1.25% or more is expensive.
But usually developer will jack up prices more than 1.25% in subsequent phases :)

[Arcachon]

http://dontbubble.us/images/like.png

[DMCK]

wow the theory of buying..

[meow123]

hi hopeful,


thanks for the detailed reply.

:)

[indomie]

hi hopeful,


thanks for the detailed reply.

:)
U can tell from his answer....hopeful is a genuine property uncle.

[amk]

hi hopeful,


thanks for the detailed reply.

:)

I hope u really, really got it...
there's one tiny, but obvious, detail he left out. Come on, dun ask for it again... Otherwise , "what the shit is wrong with our education system" ;)

[meow123]

what is the tiny detail he left out?

kindly teach, please.

thanks.

:)