Hi, I would like to check whether is it possible to sell a property under construction?
Can any one advise me on this?
Sub Sale for Under Construction Property, Property
Sub Sale for Under Construction Property, Property
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Mar 21 2011, 12:48 AM, updated 14y ago
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#1
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Junior Member
4 posts Joined: Mar 2011 |
Hi, I would like to check whether is it possible to sell a property under construction?
Can any one advise me on this? |
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Mar 21 2011, 01:05 AM
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#2
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Junior Member
4 posts Joined: Mar 2011 |
QUOTE(CyrusChang @ Mar 21 2011, 01:59 AM) So it means that if the developer does not allow it then there's no way that the owner could sell the property until the completion of the property.. So that means I have to speak to the Developer or check the S&P for further clarifications... |
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Mar 24 2011, 10:03 PM
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#3
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Junior Member
4 posts Joined: Mar 2011 |
Thanks everyone.. have check with the Developer and they do not allow any transfer of ownership during construction but we still can have sub-sale on the side and the new owner will only pay us 10% and the balance upon completion and hand-over of the key... so I guess not much difference if I sell it after completion of the property..
Thanks again... |
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