Process of Purchasing (1st Hand Property)

Before purchasing, Purchaser shall

・make reference to the materials available on the Sales of 1st Hand Residential Properties Electronic Platform on the 1st hand residential property market;

・study the information on the website designated by the vendor for the development, including the sales brochure, price lists, documents containing the sales arrangements, and the register of transactions of a development.

・calculate the total expenses of the purchase, such as property price, mortgage charges, solicitors’ fees, insurance fees and stamp duties and other expenses such as water, electricity and gas deposits etc.

If Purchaser does not execute ASP within 5 working days after entering into PASP, PASP is terminated and preliminary deposit (i.e. 5% of the purchase price) is forfeited to vendor

Depends on the completion date and payment terms

Depends on the Pre-sale period