Property
Developers have lowered prices. So what?
By Property Soul  •  December 18, 2018

When everyone is busy with Christmas shopping and year-end travels, developers are trying one last shot to clear as many units as possible from their new launch projects before Christmas.

Over the weekend, City Developments targeted young families with workshops for kids at Whistler Grand and The Tapestry sales galleries. The advertisement of Whistler Grand said units are “irresistibly priced from $1,239 psf” – a 10 percent discount from the launch price of $1,380 psf.

Over at Daintree Residence sales gallery, Setia offered free lunch and baking demonstration to draw visitors. The developer is also giving away $318,000 as lucky draw prize.

At the Affinity at Serangoon sales gallery, apart from a feng shui talk, Oxley tried to fill the stomachs of potential buyers with famous food in Serangoon.

How many will be tempted by the adjusted prices and marketing gimmicks to buy at this time?

New projects sold cheaper after

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By Property Soul
I have developed a strong passion for properties since young. In my 20s, I was relocated to Singapore where I bought my first condominium unit at the end of 2002. I added four more to my property portfolio in 4 ½ years’ time. I never expected their total value could be doubled in just a few years.
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