Property
Here’s How The Sellers Stamp Duty Has Affected Boutique Condos
By Stacked Homes  •  October 30, 2020
Have you ever wondered why things in limited quantities are so weirdly appealing? Just attach the word “exclusive” to any product and it seems to take on a whole new light. So much so that entire businesses are built upon the premise of being exclusive, where limiting the supply creates such a demand for the product. 5-year waitlist for the Ferrari P80/C Ferrari is known to limit sales of its cars to a certain number per year – if you want the latest model, you’d have to be a repeat customer just to get on the waitlist. Supreme is another such example. One of its craziest feats is the $30 Supreme red clay brick that sold out in minutes. If you were wondering what was special about it, I’ll be the first to tell you – nothing. It was just a regular old red brick with the Supreme logo stamped upon it. And as with any Supreme product, people were trying to sell these bricks at $1,000 a pop online....
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By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
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