For a new sale to enter subsale, you’re competing with direct developer + your neighbours + Neighbouring projects as well.
Based on past developer transaction for the same configuration of yours, $1.201-$1.263m buyers has gotten a much higher floor unit (level 32-39)
It’s best that developer has sold out or nearly sold out the 2 bedder configurations so it’s easier for current buyers to offload in the subsale market.
Since yours is on level 10, gotta find someone that’s willing to pay $1.2m for Lower level coz there’s also a possibility that developer still has balance 2 bedder units in that price range but at a HIGHER Floor. Potential buyer might be swayed to get direct from developer instead. If developer almost sold out, then pricing it at $1.2m might be possible.
Let’s not forget potential buyers are price sensitive in this climate, they might even lowball you. Why don’t you wait till your 3rd year SSD over to dispose? Not sure what’s your reason but paying SSD is not worth even if it’s 4%
Since you’ve alrdy paid BSD of 4% as well.
However on the other hand, when your 3rd year SSD over, there’s also more competitions from first batch of buyers since their SSD will end July 2021.
Something to ponder on.