Why Subsale aka TOP soon projects?
Generally in Singapore, the prices are on the increase mode from VVIP Preview to Public Launch to Subsale to resale and resale and resale. But due to the Sellers’ Stamp Duty, many owners now hold on to their property for a minimum of 4 years before they sell to avoid the stamp duty. But should you come across units that are selling under subsale, you should really grab it because based on most condos, (i.e. Mi Casa) has an uptrend for the prices. Today, theyare selling at $1100 – $1200 psf as compared to what they owners bought back then for only $600psf! Gosh, a 50% jump!
Have a look at the projects which are still under subsale such as Tree House located at Chestnut Avenue
Source from www.squarefoot.com.sg