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Property News & Market Trends
Cause for Concern on recent sub-sales?
Posted Date: 4 Dec 2006The recent number of increased listings for sub-sale has brought back memories when the Government stepped in to curb speculation. A simple check with PowerSearch will reveal the more “popular” projects.
Is there any cause for concern on such increase of activity? Will the government step in again? We have heard of stories where investors flip properties within 30 days and make a tidy profit of tens of thousands. Is it a good time for flipping properties?
How does one go about in sub-sale deals? Good question? Perhaps, you may like to check it out with My Choy, the GM of KKYAP Lawhub LLP about the laws, fees & cost governing sub-sales.
At PropertyBingo, we can only say; make hay while the sun shines. However, always look before you leap!
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