Developers typically launch master communities in phases increasing the price with each new phase to reflect development progress. Investors who buy in Phase 1 lock in the lowest possible price. As the developer launches Phase 2 and Phase 3 at highe…
Developers typically launch master communities in phases increasing the price with each new phase to reflect development progress. Investors who buy in Phase 1 lock in the lowest possible price. As the developer launches Phase 2 and Phase 3 at higher prices the value of the Phase 1 units automatically appreciates. This built in growth mechanism provides early investors with paper profit even before the project is completed.
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