ASKING SEAN #049 | WILL DEVELOPER REDUCE PRICE DURING MCO?

In this episode, we will address a question from Mr B regarding his purchase in Eco Sanctuary. He is delaying his signing process as he is wondering whether will there any further discount, also finding out whether the price of his property is 'fair'.   My explanation involves the fact that bigger development companies will never jeopardize or cannibalize their previous phases. Which means they will never launch a price lower than their earlier projects. And also they will never launch at a loss. Every discounts made will be priced in the original SPA price already.   Then, in order to determine the 'fair' price. I suggested Mr B to research around the area for similar products and find out the 'median' price per square feet at that area. This will allow him to make an informed decision, even if it's slightly expensive it'll be okay as long as he's aware of the decision.