ai3xskc
New Member
What were the prices like on the units back then ? I purchased my unit ( 2 bedroom and den ) in May 2010 and moved in on August 2010 . How much did the builder raise the prices between 2007 and 2010 ? I know that in just the past 8 months the builder has raised the price in M 3 and M 4 by $50,000 on my unit since I purchased which is incredible. The one's he is building now are smaller and on a lower floor than mine and still the price is over $50,000 more now. Still there is no profit to be made because the real estate agent commission and land transfer tax on a new property plus the moving costs would wipe out the entire $50,000.
$50K?.. wow... I have no idea how much current 2B+D costs in M3 and M4 but I would be very interested in finding out. I've seen on MLS a comparable unit selling for around $430K+... not sure if it sold
As for profit, find a trustworthy real estate agent who will accept low commission when selling and then likely receive full commission when buying for you. You'll at least save some commission fee during the whole selling-then-buying process. Or, you can do it on your own using services like comfree.com.
As for price, I'm not sure if my price was the same as the preview price list since I bought after the preview/VIP (or whatever it's called) time.... I would be interested in that list as well