SUPPLY VS DEMAND
DECREASE SUPPLY VS CONSTANT DEMAND
With no new supply coming into the market, the current District 19 supply will dwindle over the constant Demand.
Based on the simple economics graph (Graph 1) shows that the Supply decreases thus causing an increase in Price and a decrease in Quantity.
Should we waiting till the Price to increase or when there's enough Supply for us to make our selection?
DECREASE SUPPLY VS INCREASE DEMAND
What happens if there's a increase in Demand with the dwindling of Supply?
The economics graph (Graph 2) shows a decrease in Supply and an increase in Demand resulting in an obvious increase in Price. But it is hard to determine how the Quantity has changed.
Similar to the Constant Demand, Price will set to increase, should we be waiting?
DECREASE SUPPLY VS DECREASE DEMAND
What happens if there's a decrease in Demand with the dwindling of Supply?
Both the Supply and Demand are decreased in the economics graph (Graph 3) thus decreasing the Quantity but leaving it hard to determine if the Price has changed.
Price will likely remain flat with slight deviation during the period.
In summary, with the decrease in Supply regardless of the Demand, Price will either remain flat or increase.
Is it risky to proceed now?
D19 NEW LAUNCH BALANCE STOCK
With no New Launches coming up in 2020 and beyond, let's look at the balance stocks in District 19 at the current moment.
Do take note that Only 3 Projects have slightly above 50% of stocks available while the rest left around 20%.
The Florence Residences have choice units for selection.
Take advantage of the Supply now before it dwindles and Price Increases.
D19 NEW LAUNCH PRICE COMPARISON
The Florence Residences is one of the most affordable New Launch in terms of price per square foot (psf) and quantum among projects in District 19. With the low entry price, it would have a better potential growth and lower risk as compared to the other higher priced projects in the district.
When you decide to sell your unit in The Florence Residences?
What would be the risk as compared to the other New Launch that had bought higher than you?