One-bedroom, ground floor, but tucked back with privacy, high ceilings, and a large patio. The buyer pool is narrower. The work was presenting it as an indoor–outdoor lifestyle, not a standard one-bed.
Crowded buyer's market with identical floorplans competing above and below. Repositioned on price and positioned toward view-driven demand in a new building.
MarketCrowded buyer pool; slower decision cycles.
CompetitionSame plan competing above and below.
PricingAdjusted to sit cleanly against active alternatives.