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Home Selling

Asked by Anonymous 24 May 2019

I bought a property based on Building plans, and took a loan for it as well. Am I able to sell the property before the property construction is completed??

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<en>David</en> <en>Wong Lai Kwong</en> · Answer 1 · 2019-05-26T09:29:08+08:00

<en>David</en> <en>Wong Lai Kwong</en>

Replied 26 May 2019

You will need the approval and consent of the developer before you are able to sell. The developer will have to do a revocation of your SPA and sign a new SPA with the new purchaser to comply with the schedular payments. A consent fee stated in the SPA will have to be paid to the developer.
David Wong
Licensed Real Estate Agent (E2097)
Mobile: +60193330573
QUANTUM REAL ESTATE - E(3)1320 Read More

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