Why are new launch prices so high

New launch prices are often high due to several factors:

- Location: Properties in prime locations command higher prices.
- Condition of Property: New properties are in pristine condition, which increases their value.
- Market Trends: During a property market boom, buyer sentiment is high, and buyers are willing to pay more.
- Facilities: Developments with amenities like gyms and swimming pools have higher prices.
- Layout and Design: Properties with award-winning designs or superior layouts can fetch higher prices.
- Developers' Pricing Control: Developers often set higher prices using new concepts to break price barriers.