Prospective homebuyers have the option of purchasing a property on either the primary or secondary market. Since buying a house is one of the largest purchases one makes in life, what do they need to know about the two types of properties?

According to Metro Homes Realty Bhd executive director See Kok Loong, the primary market refers to brand-new properties, which are usually offered to buyers at a launch event or as part of an ongoing project by the property developer.