2 Answers

Mike Tay
Dear Joe

It's true the main difference is in the price.

But it works both ways. In an up market, buying from a developer is a sure bet to make money. Likewise, in a down market, look out for motivated seller, some of which will sell at a lose if they are highly leverage. Similarly, developer may also start to give additional discounts to sell off unsold units.

For sub-sale units, there will be a admin cost for a new S&P from developer if the project has not achieved CSC.

Do call me at (65)-9745-5178 or email miketaysoen@gmail.com for any clarification.

Thks & regards,

Mike Tay (郑树荣)

B.Sc. (NUS), EMBA (SUNY)
CEA Reg:R042367C

M: +65 97455178
E: miketaysoen@gmail.com

HSR International Realtors Pte Ltd
Estate Agent Reg No: L3002226G
Kevin Yeow 饶国威
Hi Joe
In most typical cases, buying directly from the developer, you will enjoy the best prices.

In Preview (Pre-launch stage) or early launch stages, your initial outlay via progressive payment will be at the earliest stage. (Once the foundation works start, reinforced concrete works start etc, the various progressive payment stage financing/payment would be required.)

However, there are exceptions where buying from other purchaser, you may enjoy a great bargain.
Example 1: Motivated seller has bought the project in multiple bulk units during the earlier stages of offer from the Developer.
Example 2: Motivated seller has to liquidate his/her property asap due to some personal reasons.

Such transactions known as sub-sales, you would need to factor in the nominal admin costs required. (Depending on scenario, the motivated seller may also need to factor in his/her SSD).

Hope this enlighten. If you or your friends are actively in search of property, please feel free to contact me for the best offer, for instance of either opportunities as offers avail.

Best Rgds
Kevin
Knight Frank
HP: 92357711
Email: Kev7711KF@gmail.com