Hi all sifus,

I would like to ask what are the advantages for first time buyer to buy:

1) New Property
2) Subsale Property

Thank you

New Property: Lower downpayment, most legal fees are absorbed by developer, good for those who are tight on cash

Subsale Property: Higher downpayment, but less risk as you get to view the actual unit plus surrounding

Thank you for the enlightenment.

But stamp duty are the same for both right? The exemption for stamp duty would be applicable for both new project and subsale

usually new development u wait until title issue only pay the ad valorem stamp duty (calculate base on S&P purchase price)

for subsale unit u need to pay the ad valorem stamp duty up front.

exemption will be able for both if you qualify for it.