The Covid-19 pandemic has taken a huge toll in several industries all across our country. In this case, the public are advised to save more and reduce their expenses in order to sustain during these tough times.
On the contrary, the real estate industry is doing pretty well, especially for the condominium developer in Desa ParkCity, Kuala Lumpur. Last weekend, over 3000 interested buyers gathered as early as 6am in an effort to purchase their free hold condo, which is sold at a price of almost RM1 million!
For those wondering, the freehold apartment unit, Park Place @ Desa Park City, is priced for a whopping amount of RM930,000, with an average of RM860 per square feet. Facebook user Nick Tan shared what went down during that day on his social media account.
“There are a total of 537 units in a 54-storey block spread across three towers. The units are sized from 1,109 sq ft to 4,047 sq ft and they are priced at an average of RM860 psf,” Nick wrote. He also said that developers were thrilled after seeing the encouraging response from interested parties.
As pointed out by Nick in his post, this clearly shows that the real estate industry is still thriving in the wake of the Covid-19 pandemic.
Source: Nick Tan’s Facebook.