Comparing options · PROPERTY GUIDE
New project or subsale: compare certainty, timing and total cost
Use the same checklist for price, timing, specifications, neighbourhood and cash flow.
A subsale home can be inspected in its present setting and may be available sooner, but condition, repairs and transaction coordination need attention. A new project may offer current specifications and staged completion, but buyers assess plans, developer documents and future surroundings rather than a completed unit.
Compare the total cash timeline, financing conditions, maintenance, parking, included finishes, renovation needs and expected possession. Treat rebates and projections as claims to verify in the written documents.
For regulated housing development, review the prescribed agreement, approved plans, expected delivery and defect process. Confirm each project's legal and commercial details before deciding.
View the full preparation checklist
Compare two real options against the same budget and move-in needs. Neither a promotion nor a newly renovated room tells you the full cost or delivery conditions.
New project and subsale: compare these four decisions
Cash before the keys
New projectRequest the written payment schedule and financing assumptions, including any payments before completion.
SubsaleMap the deposit, balance, financing and repair costs against the agreed transaction timeline.
When you can move in
New projectCheck the contractual delivery terms and current construction stage. An advertised date is not a confirmed handover.
SubsaleConfirm occupancy, vacant-possession terms, consent requirements and renovation time; an existing house is not automatically ready immediately.
What you can inspect
New projectMatch the actual contracted type to approved plans and the inclusion list. Showhouse decoration and reference images may differ.
SubsaleInspect the chosen property and immediate street. Record condition, alterations and included fixtures; ask for professional checks when needed.
Written responsibility
New projectAsk your lawyer which legal framework and agreement apply, and verify the developer's handover and defect procedures.
SubsaleHave the sale terms explain the agreed condition, repairs, included items and remedies; do not assume a new-project defect arrangement applies.
Before choosing: verify the documents, not the promise
- For a new residential development, check the relevant developer and advertising/sales approvals where applicable, the exact phase/type and the plans attached to the agreement.
- Ask the bank and lawyer to explain the actual financing and payment terms for each option. Put promotions, included items and conditions in writing rather than assuming they reduce every cost.
- Choose the option that fits your available cash, tolerance for waiting, inspection needs and daily routine. Confirm uncertain legal or technical points with the appropriate professional before committing.
Your next step
Bring one new-project option and one subsale option, plus the questions that remain unconfirmed.
Share your budget, area and move-in needs