There is no transfer duty. VAT is included in the price and transaction costs are paid by the Developer.
A newly built home will require little to no maintenance for the first few years.
With a development property, you get to choose your property layout, size and finishes
New developments make provision for the latest technology and enhancements.
5. Peace of Mind:
You have a 5-year major structural defect warranty as well as a 1-year roof leak warranty from a building contractor registered with the NHBRC.
6. Safety and Security:
A big selling point for most developments is the security they offer.
Other properties are new and well maintained which has a positive effect on your property value.
Article: Private Property,