Hi,
1) Suggest you study carefully the implication of opting out from the signed agreement.
2) You can find the process of cancellation and penalty imposed after cancel a flat application in the link below under:
"Steps to cancel new flat application":
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/new/buying-process/changes-and-cancellation
3) I would like to highlight that not only you would lose 5% of the flat purchase, you are also not entitled to any grant if you purchase a resale flat within a year.
4) I understand the frustration of waiting for another 4 years before your BTO can be ready, but highlighted by the PropertyGuru response on this is that you have to pay a higher price to get a resale flat this day.
5) You discuss with your fiance over the implication, penalty, and cost before you make a decision.
You may call me for a chat or a zoom session to discuss your option.
Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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