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Hi, the scenario is this: a buyer has exercised the OTP for a HDB flat and will be paying full cash so not taking any loan. During the resale application, HDB rejected because the buyer is not able to prove that he has cash to complete the transaction. In this case, does the seller has the legal right to enforce that the sale be completed or will the contract be considered void because HDB has rejected the application?
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3 Answers

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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

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landonchew@email.com Read More
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Hello there!

With my strong foundation in property analysis, market trends, and legal frameworks, my expertise covers a broad spectrum of real estate matters.
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John Lai | 黎潍铭
 8444-0899  | john.lai@kwsingapore.com
Associate Growth Manager 
KW Singapore Real Estate

Top Achiever Agent 2023 (PropNex)
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