Resale Over-Price: Calculate the Cash Requirement

The term is used for cash a seller requests above or alongside amounts already paid to the developer, but quotations vary. Require a schedule separating seller cash from the developer balance and third-party charges.

A requested premium is not proof of appreciation. Test it against resale units matched for location, condition, handover and payment status, then add assignment, brokerage and every outstanding obligation.

Start with the seller's agreed price, then separate the developer balance, any arrears, assignment or administration charges, cash due to the seller and any near-term instalment becoming your responsibility. Reconcile every figure to a dated account statement and written assignment terms.

Compare the deal with similar units using total obligation, unit condition and occupancy timing, not the premium alone. Also test what happens if approval is delayed or an unlisted payment falls due before assignment completes.

Compare cash required through the same date, remaining obligations, real occupancy timing, assignment or registration cost, and finishing condition. Do not compare an old contract price with a current developer price without the outstanding balance and cash premium.

Write down who pays each charge and when possession and risk transfer. The cheaper deal can become the more expensive one after a difficult assignment, finishing work, or unpriced waiting time.

Build a three-column check: what is documented, what has only been said, and what still needs independent verification. If an undocumented point is the main reason to buy, pause until evidence exists.

Stress-test a less optimistic case: handover slips, a variable cost rises, or you need to sell early. A sound decision remains manageable when events do not follow the sales presentation.