The GST also has made sub-sale properties an attractive option as the authorities have made the distinction between those who sell 3 or more units of properties within a period of 12 months and those who sell less than 2 units or less.
The former would be required to register for GST while the latter will not need to levy GST on the buyer. This means that there is potential saving for buyers of sub-sale properties if one takes time to shop.
As in any market, there will definitely be properties that are priced below the market price and diligent investors who know where to look can definitely pick up bargains. However, one needs to keep the fundamentals in sight and not be lured by properties that are selling at too attractive prices. Ultimately, location remains a key determinant of the capital appreciation of a property.
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