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After receiving OTP from buyer, how long do I have to hand over the keys to buyer and how long will I get my cash proceeds? As I will have to use some of my cash proceeds to purchase my next condo for downpayment, is there a way I can stay on longer? or is there a studio unit where I can rent out temporarily while waiting for my new home?
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2 Answers

Hi,

I believe your serving agent would be able to better advice you from there.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi

If you are referring to resale HDB, typically after OTP issued by you the seller, it takes approx 3 to 4 months to process and for legal completion date to happen. The cash proceeds will be received on legal completion date.

It is possible to negotiate for extension from buyers so to stay beyond the completion and hand over later.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
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