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Old 19-09-07, 02:13 PM   #2 (permalink)
tootsie
Junior Member
 
Join Date: Aug 2007
Posts: 20
Re: Why offer Incentives?

Hi Jeff,

My understanding is that because Superior have taken over the project from Fadesa (they were originally supposed to be the constructors of this project), they have had a hard time selling it. Plus, with the fadesa brand name out of the equation, superior have a lot of catching up to do and hence offering incentives.

There's another discussion on this here:
Fadesa no longer the Constructor!!!

To be fair though, just because developers are offering incentives does not necessarily mean its a bad thing. Sometimes they do it to shift the units quicker than the norm. Sometimes, its just a kick start marketing ploy for publicity. And sometimes, it's a bad thing!!

With this particular project, however, since Superior are the construction/development company, I'd actually stay away from the project. If it was Fadesa, things would be different.

Good luck though.
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