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Thread: Will anyone ascertain the Average psf achieved during launch reported in the news?

  1. #1
    Join Date
    Feb 2014
    Posts
    476

    Default Will anyone ascertain the Average psf achieved during launch reported in the news?

    I read that coco palms average psf is $980 during their Vvip launch.

    Am wondering..how is this figure derived?

    This figure is usually announced by the developer isn't ?.

    So will anyone , as in a netural party, will review n ascertain this figure?

    What if this number is manipulated to achieve publicity ?

    If I m the developer I will launch the non choice units first..with lower psf so to derive a low psf figure isn't it?

  2. #2
    Join Date
    Jan 2013
    Posts
    23

    Default

    Quote Originally Posted by Yuki View Post
    I read that coco palms average psf is $980 during their Vvip launch.

    Am wondering..how is this figure derived?

    This figure is usually announced by the developer isn't ?.

    So will anyone , as in a netural party, will review n ascertain this figure?

    What if this number is manipulated to achieve publicity ?

    If I m the developer I will launch the non choice units first..with lower psf so to derive a low psf figure isn't it?
    For me this is for reference only. Cos some development got more 1 and 2 br then pushed up the PSF fig. Most imp is the unit I am buying is how much PSF.

  3. #3
    Join Date
    Apr 2014
    Posts
    39

    Default

    To play safe you need to wait to see how many transactions cross over time to find a real average. Of course, this may mean losing the unit you want!

    In the current market the other approach to take is to offer a price you are willing and despite the agent probably saying its a fixed price, if you are not desperate to have the unit, ask them to take it to the developer and see how ...

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