New builds offer guarantees and modern efficiency; resales offer character, established neighborhoods and faster move-in.
Overview
New builds offer guarantees and modern efficiency; resales offer character, established neighborhoods and faster move-in.
Our verdict
Both New Build and Resale are excellent choices. New Build suits Investors, low-maintenance buyers; Resale suits Lifestyle buyers, character lovers.
Side-by-side comparison
| Criteria | New Build | Resale |
|---|---|---|
| Move-in | 6–24 months wait | Immediate |
| VAT/ITP | 10% IVA + 1.5% AJD | 8–10% ITP |
| Layout | Modern, open-plan | Traditional, varied |
| Energy rating | A or B | C–G typical |
| Negotiation | Limited | Significant |
| Best for | Investors, low-maintenance buyers | Lifestyle buyers, character lovers |