22/01/2026
🏗️ New Property (New Launch)
Definition:
Property bought directly from a developer (often still under construction).
✅ Advantages
Lower upfront cost
Usually pay booking fee (RM500–RM5,000)
Progressive payment (pay as build progresses)
Developer incentives
Free legal fees, SPA, stamp duty
Rebates, furniture packages, cashback
Modern design & facilities
New layout, smart home features
New amenities (gym, pool, security)
Defect Liability Period (DLP)
Developer fixes defects (usually 24 months)
Higher appeal for tenants
New = easier to rent at premium
❌ Disadvantages
Waiting time
2–4 years before completion
Uncertain surroundings
Area still developing
Market risk
Price may not increase immediately
Show unit vs reality
Final product may differ slightly
🏠 Subsale Property
Definition:
Property bought from an existing owner (completed & occupied).
✅ Advantages
Immediate move-in or rental
What you see is what you get
Actual unit, view, neighbours
Established area
Shops, schools, transport already available
Negotiable price
Can bargain below market value
Mature community
Proven demand & resale value
❌ Disadvantages
Higher upfront cost
10% downpayment + legal fees
Maintenance & renovation
Older units may need repairs
No developer warranty
Limited financing incentives
Buyer pays most legal & stamp duty costs