A number of Residential Singapore real estate sales involve purchasing houses and condos in Singapore at new launches. Basically, these are houses and units that are under construction, being sold fresh by builders.

In Singapore, a builder who wants to sell their units in an unfinished development, like one that just has began construction, should initially get a Sale License to do the same.

Once the developer get a Sale License, he can then move ahead to sell units in sims urban oasis in his development.
After that the developer publicly launches the units for sale, typically with ads and publicity in leading newspapers.
A big development project may also benefit a media campaign. Usually, there is a showroom with showflats and models, when the project preview happens.

What are the benefits of purchasing at new launch condo sales?
In recent times, it has been found that customers in Singapore choosing to buy new launch condo in kent ridge hill residences. At the end of every week, businesses appear to be vigorous at new condo launch.
According to some, this fashion is fallout of the swerve of anti-speculation measures established by the system to calm down the over-heated real estate market.

SSD or Seller’s Stamp Duty is amongst the things that the authorities implemented. This is applied to a person who sells out a private property in Singapore in the initial 4 years of buying it.

Due to this reason, from an investment perspective, it seems that purchasing a new parc botannia condo at property sale has some perks over purchasing a resale unit.

Basically, a new launch real estate is under construction plus it usually takes approximately 3 to 4 years for the condominium project to be finished.

Hence, a purchaser gets enough time to wait it out and determine whether or not to sell a jadescape condo when it’s near completion or completed.

One more benefit of buying a unit at a new launch is that you get to select the unit you want. Certainly, you can enter the pre-launch stage where you can get the chance to book your preferred units.

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