31/05/2026
Are "NEW Property Only" tax incentives worth it?
Tax incentives have been retained for new properties in the government's intent to create new supply.
New builds are becoming more attractive than existing properties—but construction does not come without risks -Cost blowouts, delays, & holding costs… it all adds up fast!
Property development projects are riskier and one can easily over-capitalise.
So the real question is:
Will the changes boost supply… or will investors sit back and wait to evaluate the market effect of the changes before making a call?