The real states prices firm the rates
The consult with the top twelve real estate running project in Panama shows the result that not all of the rest estate companies dropping the prices even in this recession period. The almost major project vary from $120,000 to $300,000 dollars and it made sense that only of the company has lower down its prices and it is just because to promoting themselves and compete with other real estate companies. The only openly dropped it prices and ready to negotiate with the buyer for reduction in the prices. In the April 2009, the Pine Hills apartment in Albrook offered its prices for $295,800 dollars and lately they announced it with the new prices $275,000 dollars. What exactly happened is being said by the resources of this company is that they have only few units were left to sell and they wanted to promote their sell as quickly as possible. Another apartment in the Quartier tower, San Francisco has lowered down its prices from $132,500 dollars to $130,000 dollars. This was the lowest offer they accepted from their one buyer because he has only 50% of the purchase price. The director stated lately, this was an over supply, the apartment that valued $200,000 dollars must come down. Companies were ready for the assessments and this is what has happened. The HL developer’s manager has said that the price has come down with per meter cost and this is the only tendency to the production that needs to boost up. A real estate consultant has reported that the promoters are prepared to lower down their prices but they are not ready to let it to be known in public.