Shunfu Ville sold for $638m to Qingjian, each owner to pocket $1.78m
SHUNFU VILLE sold for $638 million - with each owner pocketing $1.78 million. This would be considered a very good sale and a job well done by the respective sale committee.
The newspaper article gives a lot of information but fails to mention the DC/DP. The sale price could NOT have included the DC/DP since $638m/358 owners = $1.78
Looking further down the article it said "an asking price of at least $688 million or $791 per sq ft (psf) per plot ratio."
In order for this to be true, then the DC/DP would have to be around $217m (see table)
SO... since the MA is going to try simple math on us poor simple owners come the next EOGM... I have my own simple reverse math to propose (see table).
No comments:
Post a Comment