There are many that look for a double-storey house for sale in Johor Bahru. But the question that constantly pops up is, sub-sale or new property? Truly a million-dollar question – quite literally, too.
First-time homeowners might find this a head-scratcher because the differences vary greatly, and that also includes the initial cost you’ll need to fork out. Before we dive into the nitty gritty, what do a sub-sale and new property mean?
Well, the sub-sale property has an existing owner. Buying a sub-sale property means buying the property from the owner; you can also chalk it up to the secondhand property. For example, a family that lives in a terrace house in Johor Bahru may be moving out because of relocation, to upgrade to another home, or simply for the money. This leads them to sell the home, which goes on the market for potential buyers to check out.
A new property, on the other hand, is brand-new development that has never been lived in. These new properties usually belong to a developer, such as the new terrace houses for sale in Johor Bahru at Meridin East.
Whether you are looking for a double-storey terrace in Johor Bahru, or just a double-storey home, there are many new property projects popping up. Hence, there is definitely no lack of choice when it comes to choosing your dream home. Here are some things to know about buying a new launch double-storey house in Johor Bahru.
Buying a new launch double-storey house in Johor Bahru property means it’s already in the best shape as it has not been lived in. This means you avoid forking out repair or renovation costs. It is not likely to have any wear and tear, with new facilities that are in good condition.
Other than that, because it’s newly launched, the infrastructure is also constructed with the latest requirement. Hence, no upgrading work is needed for the infrastructure, especially for road access, unifi, water piping and pressure.
Above, we mentioned that buying sub-sale property factors in costs such as the valuation fee and agent fee. However, if you end up buying a new launch double-storey house in Johor Bahru, you avoid paying for valuation fees because the value is obtained by the developer, and there are no agent fees because it is sold directly from the developer.
A new launch double-storey house in Johor Bahru tends to have the best price, coupled with rebates and discounts. Additionally, some developers also bear costs themselves, such as legal fees, stamp duty, and lessened downpayment (which means less cost for you!).
With new property launches, you have more choices. From choosing whether you would like a corner lot for your double-storey house in Johor Bahru to a floor plan that suits your dream home, you get the flexibility to choose the unit you want.
There are several cons to buying a sub-sale property. These are some things you will need to know if you are thinking of taking the leap in buying a sub-sale double-storey or terrace house in Johor Bahru.
You are essentially buying an old and used unit, which means extra costs for repairs such as repainting walls, new piping, or other renovation needs.
This happens because the area you are looking at might not have many sub-sale houses for sale, leading to a lack of choice.
You will have little to no room for negotiation. Owners tend to give no wiggle room when it comes to the final price. Besides that, you will have to fork out extra costs such as the valuations fee and agent fees (the agent who negotiates between you and the owner).
You would have probably guessed it by now – going for a new launch double-storey house in Johor Bahru is your best bet. You can save with attractive price packages, and avoid any pesky repair costs that you would be subject to if you bought a sub-sale property.
Plus, we have several new launch double-storey houses in Johor Bahru to recommend at Meridin East. Meridin East is a 1,313-acre gated lake garden community strategically located in the Eastern Gateway of Iskandar Malaysia. Connected to modern highways, its residents enjoy easy access to Johor Bahru and other key landmarks. Meanwhile, the direct-access road which is set for completion in 2022, will give residents even better access.
We hope that this guide has helped you decide on which route to go for. After all, buying a double-storey house in Johor Bahru should not be a spontaneous decision.
So, check out all Meridin East here, and find your new launch double-storey house in Johor Bahru now.