GlossaryNear Handover

Near Handover

An off-plan project close to completion, with construction risk mostly behind it.

Off-Plan Basics

Near-handover describes a project in its final construction phase — typically within 6–12 months of completion. Most of the build risk has passed, the unit is often viewable in a near-final state, and remaining payment plan instalments are smaller.

Why It Matters

  • Lower construction risk than new launch, but usually a higher price point since most appreciation has already happened.
  • A common entry point for buyers who want off-plan payment flexibility without the longest wait.
  • Worth checking the developer's track record on past handover dates — "near handover" can still slip.

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