
You can sell your property or assign your agreement to anybody. This means that they will take over the payments to be made to the developer.
What premiums can I expect on a resale?
Resale properties are achieving minimum premiums of 8%-10%.
What does “premium” mean?
The premium is the difference between the original price and the selling price; specifically the investor’s profit.
What other costs are applicable?
Other purchasing costs may include a transfer fee to the developer of resale properties. This is usually between 1% and 7% (depending on the development) of the original price of the property.
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