Ban on advertising new and old property price to be lifted
Moves are underway to lift the ban that prohibits advertising the former price of a secondhand property or land alongside it's new and reduced price.
Currently, this form of advertising can only be used on brand new construction less than two years old, and which has never been occupied. Certain terms relating to the length of time advertised also apply. It is expected that the law will change this summer to allow advertisements for secondhand properties and land to use the same method.Read more