Daytona House and Detroit HouseHome > Developers > Developers Portfolio > Daytona House and Detroit House
Detroit House is a commercial tower located between the Auto Mall and the grandstand of the Autodrome racetrack in Motorcity. Daytona House, which is also located in Motorcity, comprises of commercial offices with an unparalleled view of the race track, so that you can enjoy nail biting race action in your personalised office space.
The ChallengeThere were no direct price comparisons available in Motorcity as no other commercial project had been launched in the zone during this period. As Motorcity was a new zone, the freehold status and resale guidelines had not been defined and the project did not offer finance options at the launch. Our Research and AnalysisA comprehensive competitor and SWOT analysis was conducted for the project. A defined sales forecast was compiled subject to final pricing, payment plan approval, and advertising and marketing initiatives. Ongoing marketing performance and sales performance of the project was also monitored and assessed. Our PlanAn attractive discount policy for investors was recommended and the developer was advised to participate in events and exhibitions related to the motor industry. A comprehensive marketing and advertising campaign was developed to reach out to target buyers. The theme for the campaign was based on the project’s location and the fact that it offered direct access to the Autodrome race track. The Result39% of all Daytona House stock and an amazing 93% of Detroit House sold out after a relatively short period, exceeding all sales targets estimations. |
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