AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi, I have found a condo and issued the 1% cheque to my agent. The seller is a Myanmar national and doesn’t have a bank account in SG hence the transaction is not progressing. Apparently, opening a bank account in SG for a Myanmar national is a complicated and long-drawn process. Has anyone come across a similar situation? Any other alternative options I can propose to the seller?
0 •
73 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Elan Govan
Replied
Hi
You should talk to your lawyer on this matter as this is legally sensitive. Your lawyer will then talk to the seller's lawyer. All buyers and sellers need lawyers to handle their sale and purchase. So, let the legal people settle this for you, fast.
Cheers!

Elan Govan
MABA (Lancaster)
 90170747 
jayelan@gmail.com
www.goodpropertiesguide.com Read More
0
Upvote Upvoted
Geryl Lim
Replied
It is quite rare for a property owner not to have a bank account in Singapore since he or she may need it for monthly repayment as well as the payment of maintenance fees. Read More
1
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions