60%-70% ts booked or units SOLD? (At a time frame of how long?)
If it is merely BOOKED, take into account the number of cancellations, due to financing problems and doubt.
The Developer has been trying very hard to push for sales. You can see their buntings all over PJ and frequent roadshows at Giant Hypermarket.
Projects that are good and in demand, does not need to have roadshows at Hypermarkets for months.
If it is 60-70% sales, what is their construction stage? If construction stage is still merely 0 - 20%, you have an idea what is going on.
Cheers.
Keith Goh wrote:
I just saw their selling list today for Subang Andaman Condo, 60%-70% units have booked by others.... is it possible this project will abandoned again?