01The community sets the floor
Schools, clinics, retail, transport, green space, and how walkable the distance between them is — these decide who will live in an area for a decade, and a decade of residents is what supports a price. A unit inside a completed, functioning community has a floor under it that an identical unit in an unfinished one does not.
02Liquidity is a feature, and it is not free
Residential has a far deeper buyer pool than commercial, which means a realistic exit rather than a theoretical one. That depth is the main thing a residential buyer is paying for, and it is worth paying for — but it is a reason to buy the ordinary, well-located unit rather than the unusual one.
03Position inside the community still decides
Once the community is established, the spread between the best and worst positions within it is wider than most buyers expect. Aspect, floor, noise, distance to the amenity spine, and which way the plot next door will eventually build are all knowable before purchase, and all of them price.