In response, developers have started phasing out there incentive plans and discounts that they are offering to first-time buyers or those who wish to purchase new properties. The results of these plans has been negligible and do not seem to be attracting the customer base like it once did.

This may also had something to do with the tightening of loan requirements and the required transparency involved in reporting discounts and incentives for Kingsford Waterbay.

New Launch Freebies for Kingsford Waterbay

Though these laws and in place for 12 years now, they are now being more strictly interpreted and enforced.

Previously banks had a free hand and could ignore these incentives. However, now it works against the buyer so is less attractive nowadays.

The buying public is becoming savvier and is not being taken in by these types of incentive schemes anymore. They know there’s no such thing as a …