GIVEN a choice, home buyers and property investors prefer to buy a brand new property compared to venturing into the ready-to-use secondary market, which undoubtedly, has a higher barrier of entry in costs. If you are buying residential property under construction, there is also additional protection under the Housing Development Act 1966 (HDA) over and above the many subsidies and perks commonly offered by housing developers these days. Furthermore, if you are buying strata property, there are further protections under both the Strata Title Act as well as the Strata Management Act. Read the article………………..
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