Quote:
Originally Posted by hitmady
What benefits, IB provides due to high-rise towers?
It definitely, costs more.
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Basically, a high rise tower or a 3 storey bldg, both provide the same benefit - a roof over our head. But people do have preferences, which i think are biased towards high rises.
Besides, builders do hike the rates according to the response they get. For IB, having sold off 80% before even starting the construction, raising the prices can only lead to more profits & buyers' confidence.
The ball is then in the new buyers' court. They need to use their maths, logic, economics,......
before taking the plunge.