1 Answer

Afternoon,

If the valuation of the unit is much lower than your offer price, you can choose not to exercise the OTP. However, you will lose the option fee. But should you opt to exercise the OTP, the COV payable are to be made via cashier order within 10 days from first appointment date, if you are getting HDB loan or within 2 weeks from completion date, if you are getting bank loan. Alternatively, you can also consult your agent for more details.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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