There’s gonna be a bumper crop of new launches being completed in 2022 and 2023 (we’ve covered 10 of those here), and as such, more sub-sale units will likely be coming onto the market. A sub-sale can be a little more complicated, as it’s a three-way deal procedure involving the buyer, seller, and the developer. For these reasons, it’s not too common, and the transaction process is a bit obscure. In case you’re interested in selling or buying sub-sale units, here are some of the issues to be aware of: Table Of Contents

• 1. Be aware of the SSD period
• 2. The CSC, not the TOP, is the official date for determining sub-sales
• 3. A new Sale & Purchase (S&P) Agreement is needed
• 4. There may be a prepayment penalty for selling a sub-sale unit
• 5. You may have a team of realtors, rather than just one
• 6. If you’re in the first wave, you can consider holding out for a better price

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