3 Answers

Dear Im Desu,

I suppose you have not engaged any agent to represent you in this purchase therefore seeking advise here.

If you understand the entire HDB resale process, you will know that by accepting your $1000 and issuing you the Option To Purchase, both yourself and seller have agreed on the selling price, and the seller is legal bound to sell this property to you based on the terms of the Option To Purchase. Unless you agree to any change of terms, the seller cannot unilaterally change these terms. You will need to decide on your own if you should accept the terms of change from the seller in this instance as we are in no position to give such advise.

Should you decide not to exercise the Option To Purchase, you will forfeit the $1000 paid to the seller.

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 9,400 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.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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Hi, in your case, you could reject and not accept any delay and just act on what’s stated in the OTP. Or you could negotiate for a lower price now that the seller intend to delay the whole process.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

I strongly advised against reissue of OTP, as it does not in any way work in your favour. The seller has the obligations to sell the flat to you since they had already accepted your option fee.

There are other ways which can go about this. The Agent representing the Seller should have advised the Seller on these possibilities.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you in your housing plans. Please get in touch with me for a more in-depth discussion.

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
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