In Malaysia, developers ‘test water’ by getting buyers to pre-register their interest. Some more adventurous ones build a nice renovated unit on the site to entice buyers. However, typically, the launch to ‘test water’ would consist of jus the first tower or first block of 200 units? Imagine what happened in Iskandar when Country Garden … Read moreTesting water with 9,000 units? No Malaysian developers can do that, yet.
Many Chinese developers are buying huge tracts of lands or are involved in land reclamation projects. On paper, all these developers are much larger than even Malaysia’s largest developers. For example, Country Garden Holdings co will be building 9,000 units of condominium on a 56 acre land. For a comparison, the total supply of units … Read moreBuying Iskandar? Points to note about Chinese (China) developers thus far