Asked by K G Tan
I am considering a unit at Livia.
CDL has not revised the pricing of Livia over the weekend. Perhaps that's because Livia is close to 90% sold & CDL does not have any urgency due to their holding power.
Livia is priced approx 630 - 650 psf as compared to Optima at between 800 - 850 psf.
Would like to understand why Livia was priced 30% lower than Optima, but yet was unable to be fully sold like Optima? Livia seems to have rather similar advantages as compared with Optima. E.g. walking distance from MRT, close to Changi Business Park, Expo, 4th University, Airport, etc. I know in terms of location, Optima is definetly closer to all those places mentioned, but does this justify paying an additional 30% more?
Also, in the event of a correction, how would Livia be affected as compared with Optima?
CDL has not revised the pricing of Livia over the weekend. Perhaps that's because Livia is close to 90% sold & CDL does not have any urgency due to their holding power.
Livia is priced approx 630 - 650 psf as compared to Optima at between 800 - 850 psf.
Would like to understand why Livia was priced 30% lower than Optima, but yet was unable to be fully sold like Optima? Livia seems to have rather similar advantages as compared with Optima. E.g. walking distance from MRT, close to Changi Business Park, Expo, 4th University, Airport, etc. I know in terms of location, Optima is definetly closer to all those places mentioned, but does this justify paying an additional 30% more?
Also, in the event of a correction, how would Livia be affected as compared with Optima?
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