perspectivism
13-09-14, 09:24
Hi all,
need your kind thoughts and opinions here.
in this thread i am refering to 2 separate condo releases in 2013..
Condo A
- Condo A has 150 units but only 96 transactions on URA caveats
- this is the full URA caveat listing. first transaction in Q4 2013
- however, recently when i enquired, the agent told me the residential units are 100% sold
Q: why is that so?
- could the developer be hoarding their units?
Condo B
- Condo B has 120 units but less than 10% sold despite 2 launches
- the developer is a small player
- sales are stagnant
Q: what happens if this scenario persists? Can the developer still continue with the project construction
- in the event that the developer can't, will buyers get full refund?
need your kind thoughts and opinions here.
in this thread i am refering to 2 separate condo releases in 2013..
Condo A
- Condo A has 150 units but only 96 transactions on URA caveats
- this is the full URA caveat listing. first transaction in Q4 2013
- however, recently when i enquired, the agent told me the residential units are 100% sold
Q: why is that so?
- could the developer be hoarding their units?
Condo B
- Condo B has 120 units but less than 10% sold despite 2 launches
- the developer is a small player
- sales are stagnant
Q: what happens if this scenario persists? Can the developer still continue with the project construction
- in the event that the developer can't, will buyers get full refund?