drbubb Posted March 17, 2018 Author Report Share Posted March 17, 2018 "GREAT DEALS" for Chinese Bulk buyers? Are maybe not so great, if you compare with (cheaper) Secondary market prices video: MP4 "one bedroom 26.5 starts from 7m" - at RED residences, that''s P 264 k psm - a (false?) Billboard price? "SMDC and Megaworld are working with Chinese brokers on "special bulk purchase deals". Example: In Dec 2017, SMDC remaining Jazz inventory were valued at ~240k/sqm. Chinese brokers started distributing "special cash deal" with discounts of 30%-35% that lowered the selling price to ~160k-170k/sqm. This allows Chinese brokers to market "great deals" to their customers. This allows developers to get higher prices for their inventory (Jazz are going ~130-140k/sqm in resale market). This makes the Chinese buyers feel happy that they got a big discount and a great deal. " > SSC Note: Go to bottom of the previous page to find a real bargain at The Rise (4.3m / 28 = P153k vs. P200k+ from the developer) Link to comment Share on other sites More sharing options...
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