3 Answers

Hi,

Established Developers such as Guocoland have strong holding power as they are well-capitalized and current financing costs are still at all-time low. In my humble opinion, current market slowdown is because of a gap in the price expectations of various sellers and buyers on the sidelines, rather than a lack of financially equipped buyers. If you are only keen on Sims, you may choose to wait for prices to adjust but these units will likely be units with less appealing facing or odd attributes. Can you accept such a scenario? Thanks and hope to discuss further and value-add to your plans.

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Ivan ERA
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Dear sir/madam,

I am curious about your valuation of this project on why do you determine the price range as high? As in Ivan's explanation, all developers are only interested in looking at their account books therefore pricing it out of range is not a wise scenario in current market. I believe you will also agree that if you are a developer, you are in this business to make money instead of launching a prices which is not profitable.

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Hi, Sims Urban Oasis happened to be one my company projects and the price has actually dropped. And yes, due to the weak market sentiment, most developers have already slashed off their prices but there is a limit or a bottom line to it which they can't go any further. This project happen to be one of the high rental yield housing as per predicted due to the James Cook Uni less than 5 mins walk away. I would like to share with you on the good and bad sides of this project if possible and pls feel free to let me know if you need any assistance.

Regards
Aaron
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