Total BLT points and gross sales $

[bookwormde]

Total BLT points and gross sales $

Well I have run some date cumulative point calculations for BLT based on the point charts and based on the following room distribution. Standard 16 st 16 1br 16 2br, lake 80 st 80 1br 83 2br 14 GV, MK view 50 st 50 1br 50 2br 8 GV.

The maximum average allocation ends up being 22,42,54,119 compared with 16,39,54,96 in the original filing.

So by my room distribution they added 274,000 studio points, 129,000 1br points 0 2br points and 184,000 GV points for a total of 587,000 more points. This translates at $112 to $65 million more gross sales.

If my calculations are correct the gross sales numbers that are out there for BLT were understated. My calculations show 7,226,379 total points, at an average selling price of $112 that translates into $809 million dollars in gross sales. Of coarse you need to deduct the 2-4% of the points that are held for maintenance, so round it off to $775 million, not bad for a building that has been rumored to have cost $125 million.

bookwormde

 

[bookwormde]

Just found a quote for the room type distribution (11,69,20) so here are the new results

Well I have run some date cumulative point calculations for BLT based on the point charts and based on the following room distribution. Standard 16 st 16 1br 16 2br, lake 100 st 100 1br 108 2br 14 GV, MK view 30 st 30 1br 30 2br 8 GV.

The maximum average allocation ends up being 21,41,53,119 compared with 16,39,54,96 in the original filing.

So by my room distribution they added 274,000 studio points, 129,000 1br points 0 2br points and 184,000 for a total of 587,000 more points. This translates at $112 to $65 million more gross sales.

If my calculations are correct the gross sales numbers that are out there for BLT were understated. My calculations show 7,062,079 total points, at an average selling price of $112 that translates into $790 million dollars in gross sales. Of coarse you need to deduct the 2-4% of the points that are held for maintenance, so round it off to $770 million, not bad for a building that has been rumored to have cost $125 million.

bookwormde

 

[bookwormde]

Have some new but unconfirmed info that changes this a little, 14 total GVs, 428 total villas. This woks out to 176 dedicated 2br, 119 1br and 119 studios (capable of being lock off 2br). I am not sure I believe it since that seems like a high ratio of 2br dedicated but is the best info we have right now

Room distribution stays the same distribution (11,69,20) so here are the new results

Here are the updated cumulative point calculations for BLT based on the point charts and the above

The maximum average allocation ends up being 21,41,53,126 compared with 16,39,54,96 in the original filing.

So by my room distribution they added 284,000 studio points, 87,000 1br points 0 2br points and 184,000 for a total of 454,000 more points. This translates at $112 to $50 million more gross sales.

If my calculations are correct the gross sales numbers that are out there for BLT were understated. My calculations show 6,965,083 total points, at an average selling price of $112 that translates into $780 million dollars in gross sales. Of coarse you need to deduct the 2-4% of the points that are held for maintenance, so round it off to $760 million, not bad for a building that has been rumored to have cost $125 million.

bookwormde