Price per Square Foot is the great equalizer in real estate analysis. By comparing the PSF of a new launch against the PSF of ready properties in the same area investors can instantly see if a project is overpriced. If an off plan project is 30 perc…
Price per Square Foot is the great equalizer in real estate analysis. By comparing the PSF of a new launch against the PSF of ready properties in the same area investors can instantly see if a project is overpriced. If an off plan project is 30 percent more expensive per square foot than a ready unit next door without offering significantly better quality or amenities it is likely a bad investment.
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