Buying a second-hand house offers immediate possession, allowing buyers to bypass the long waiting periods often associated with new constructions. These properties are usually situated in well-established neighborhoods with ready access to essential services and amenities, presenting a mature, settled environment right from the start. Financially, second-hand houses tend to be more cost-effective, not only in terms of the purchase price—which often allows for more room to negotiate—but also because they are exempt from the Goods and Services Tax (GST), offering additional savings.