More off-plan?

It’s not just property owners who are in a dilemma over whether they should hold back or sell now. Even developers are facing the same questions on what their offplan strategy should be.

More and more off-plan launches could create a situation where large numbers of units could remain unsold. That would put further pressure on developer costs and margins. But to make matters worse even delaying projects and sales launches might be tough. There are few private developers who can match the deeper pockets and resilience of master-developers.