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Hi,

Yes, provided both Seller and Buyer agrees to the new price. Take note that the current OTP will be void, and a new OTP needs to be drafted, with the new agreed price. The Buyer will also have to do another Valuation request.

I am experienced and well-versed in both private and HDB resale transactions. Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi, nope you can’t change the amount in the OTP. You could only reissue a new one upon the expiry date of the old one is over. By the way, usually the seller agent would be able to better advice about the valuation and will inform the seller accordingly. Pls feel free to let me know if you need any assistance.

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

Hi,

Yes sad to say currently there is no way to know the exact valuation until the valuation is being done. Sorry to say that there is no way we can just change the price like this. What we can do is we will have to issue a new Option To Purchase with the new price. The crux of the matter is, the new price needs to be agreed by both the seller and the buyer.

Maybe you can give me a call at 98581322  and I will explain to you and teach you what to do. As I also do not know whether you are the seller or the buyer. No worries there are no obligations to anything. I will just teach you over the phone. Haha.

Looking forward to your call soon! Cheers!

Best Regards,

Jeffrey Heng
Senior Associate District Director (Sincerus Division)
Training Director (Navis Living Group)
NAVIS Living Group - A group in OrangeTee that believes in Technology, Training & Teamwork (3Ts)

Founder of Sincerus Division
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Dear sir/madam,

Practically, this can be done if both seller and buyer agrees to the reduced price, where existing Option To Purchase has to be voided. A brand new Option To Purchase needs to be done up with another round of valuation done. Bear in mind that valuation results may also change.

Just a note: What if valuation returns a higher value than the transacted price? Can seller also request to alter the agreed price higher?

I have been in the real estate business since 2009, with more than 10years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 8,500 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my clients’ portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

Please feel free to reach me from my website www.geryllim.com or connect with me directly on my mobile phone at 81577565  .

I look very much to hear from you soon.

Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us! Register at bit.ly/RealDealSG today.

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Regards,

Geryl LIM
Consultant - Director
Century 21
CEA Reg R014783H
www.geryllim.com
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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