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Hi,

Wanted to find out what will happen if I did this.

Aug applied for BTO
Oct signed for EC, signed OTP, S&P not executed
Nov applied for BTO

Received a letter from HDB stating that we will be considered as second timer for the Nov BTO application. Wondering if I cancel my EC application now, will my existing Aug and Nov BTO application be considered under first timer? Understand that 1.25% of the EC purchase price will be forfeited for the cancellation, please correct me if I’m wrong.
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1 Answer

I believe this question only HDB can provide you the answer whether you are 1st or 2nd timer. As for the forfeiture clause on the EC, yes. Read More
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