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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, are the seller or the buyer in this case?

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

Hi,

1) Since the buyer wants to cancel the deal.
2) The seller can keep the deposit and exercise fees, and look for the next buyer.
3) At the same time, the seller reserves the right to sue the buyer for the damages arising from this violation of the contract.
4) Personally, would suggest to look for the next buyer than suing. The sellers will definitely win the case, but the legal fees are going to be much higher than the damages that arose.
5) The sellers have to inform the buyers to submit an application to the HDB to cancel the transaction. The sellers must not cancel the transaction just by receiving a verbal request from the buyer.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

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