Tag Archives: STB concept

Build then sell (BTS) vs Sell then build (STB)

The build-then-sell (BTS) concept is based on a 10:90 concept whereby the property buyer just need to pay 10% of the purchase price, then pay the remaining 90% of the purchase price upon the completion of the property.

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The conventional approach – sell-then-build (STB) require the buyer to pay 10% of the purchase price upon the signing of the Sale & Purchase agreement (SPA) and the remaining 90% is progressively paid to the developer in accordance to the stages of construction. The property buyer can choose to pay the developer either by cash or housing loan. In the other words, the property buyers get the loan from bank to finance the developer during the construction of the project.

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