AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi,

I have found a resale flat to move in and have booked the valuation. However, in the recent Sale of balance flats, i found a flat which i really like.

Can i still ballot for it ? If my queue number if too far behind then i will forfeit it and proceed with my resale flat which i fixed the valuation for. But if i get the balance flat that i wanted then i might let go of the resale house application.

Possible to do this ?
0 •
332 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Geryl Lim
Replied
The technical considerations is that you should not enter into any binding agreement with either HDB with the SBF or the owner of the resale unit. The moment you have entered into a binding agreement to purchase the property, you are unable to back out. Since you have fixed the valuation for the resale unit, I assume that you have not exercised the Option To Purchase. Look at the dates for the various timelines to be met and make a decision accordingly.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Claim your free home report today at http://bit.ly/ClaimFreeReport.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions