4 Answers

askguru expert
PropertyGuru
Replied Aug 18, 2020
Hi Alvin, thanks for writing to us on AskGuru.

The term sub-sale refers to a property that's bought by a buyer and then sold to another buyer before the unit is completed. Sales of such residential properties are governed by the Housing Developers (Control and Licensing Act).

Here’s what you need to know about sub-sale properties: https://www.propertyguru.com.sg/property-guides/quick-guide-to-everything-you-need-to-know-about-sub-sale-27932

Hope this answers your question.

Best Regards,

Team PropertyGuru
Catherine PANG
Catherine PANG
Replied Sep 13, 2010
wow.. Alvin...that is cool..explanation..well done..
www.catherinepang.com
Kerry Liao
Kerry Liao
Replied Sep 9, 2016
The URA defines a subsale as “the sale of a unit by one who has signed an agreement to purchase the unit from a developer or a subsequent purchaser before the issuance of the Certificate of Statutory Completion and the Subsidiary Strata Certificates of Title or the Certificates of Title for all the units in the development”. More simply, a subsale is the secondary sale of a unit before it is completed.

Best regards,
Kerry Liao
97228853
kerry.liao@outlook.com
ERA Realty Network Pte Ltd
MANI SUBRAMANIAN VEERAMANI
MANI SUBRAMANIAN VEERAMANI
Replied Jan 28, 2017
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