Hi guys, managed to get my hands on a South Wing unit with B3 layout. Like it cos got chance to see part of marina from balcony cos corner unit. Tried to nego on the $5k booking fee but the marketing ageng refuse yo bulge, the boss must be special relationship with developer to get sole marketing agent rights, thats y k ask $5k from buyers. We like paying for a right or pass to buy a unit.
Welcome bro to the club of SPH owners....
I have not experienced the ability to offset the booking fees with the purchase price - especially those launched here. Most launches in Singapore specifically mean that the booking fee is really to defray the costs of exhibition, and likely include agency fees for the marketing agent in Singapore.
For those that are launched in Malaysia first, or simultaneously - most people would just take a drive up and buy it from the developer (through the marketing agent there) or if they are also launched in Singapore, then perhaps offer the ability to offset. If they had initially launched in Malaysia and then Singapore, perhaps Singapore was never their first target market anyway, and perhaps due to lukewarm reception, or excess units they then look elsewhere.
As far as the SPH marketing agent is concerned, I know they have the exclusivity hence the ability to charge the $5K on a non-refundable, non-offset basis.