The high turnover rate of apartments where 70 percent hit the secondary market shortly after handover is driven by the investor heavy profile of apartment buyers. Many people buy smaller units specifically to flip them for a profit upon completion o…
The high turnover rate of apartments where 70 percent hit the secondary market shortly after handover is driven by the investor heavy profile of apartment buyers. Many people buy smaller units specifically to flip them for a profit upon completion or to rent them out for short term gains. This creates a surplus of supply in the resale market which can sometimes dampen price growth compared to villas where owners tend to hold onto their properties for much longer periods.
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