Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Buy house which still in construction

views
     
mini orchard
post Apr 26 2022, 11:02 AM

10k Club
********
All Stars
14,511 posts

Joined: Sep 2017
QUOTE(wkchee95 @ Apr 26 2022, 08:21 AM)
If I want to buy house which still in construction , but already purchase by someone, is this consider sub sale? In this case, will the bank do the valuation for the property? And do I need to pay down payment? Can I buy MRTA for this house?
*
Developer wont give consent until VP given to 1st purchaser ... ie the full purchase price paid. Similar banks wont give consent until the outstanding loan is repaid.

Valuation cannot be done on uncompleted property other than land value.

This post has been edited by mini orchard: Apr 26 2022, 01:01 PM

 

Change to:
| Lo-Fi Version
0.0144sec    0.58    6 queries    GZIP Disabled
Time is now: 25th November 2025 - 03:22 PM