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Anonymous

26 Nov 2020

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Do you think that there would be a continuing upward trend in the launch prices for ECs given that how developers are seemingly making larger and larger winning bids?

Will there be a continuing upward trend in the launch prices for ECs?

AMA Stacked Homes

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Ryan Ong

26 Nov 2020

Partner at Stacked Homes

Yes, and the same applies for private condos as well. As long as land prices go up, launch prices will too, barring the rare developer who - for various strategic reasons - decide to settle for razor-thin margins.

Note that another contributing factor are Development Charges.

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