3 Answers

Suppose this is an obvious case of not engaging the services of an agent to do the transaction. Not sure how long do you have before option lapse, but you only have 2 options to try:

1) Appeal to HDB for exemption now and apply for HLE immediate. Hope that the HLE results will be out before the option period expires.

2) Work on a bank loan instead. Submit all required documents to the bank for bank loan application, which is likely able to expedite faster but you will need to fork out more cash than HDB loan required. This option, you need not appeal to HDB.

I have been in the real estate business since 2009, with more than 13 years 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 client's 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 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

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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1
Hi,

In your case, you may want to ask the seller agent for help by recommending a banker to you.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
0
Hi,

1) You have 2 options:
(a) Appeal to HDB to expedite your HLE application. And hope that the HLE is approved before OTP expires.
(b) Apply for a bank loan.

2) You have to put up your case after your HLE application in this link:
https://services2.hdb.gov.sg/webapp/BF12AWFeedback/BF12SFrontController?service=ServiceFeedback&operation=createFeedback

3) It was stated very clearly in the OTP that you must have the HLE before opting for an OTP.
Thus you will need to appeal to the HDB stating why you didn't have that before opting for OTP.

4) If you decided to go for a bank loan, do remind the banker that you need this expedite as some banks took their own sweet time to process. You will need the Letter Of Offer (LOO) before the OTP expire.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer 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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