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Hi,

It is a declaration that the applicant needs to make when applying for a BTO flat. Making a false declaration is considered a case of cheating, and may result in the forfeiture of all monies paid. You may even be charged in court.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property 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

Hi,

1) There is this clause in all HDB documents you going to sign when purchasing an HDB flat.
FALSE DECLARATION
In addition to other remedies, the Housing & Development Act (Chapter 129) provides that any person who makes a false statement is liable on conviction to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 6 months or both.

2) You have to ensure all information provided are correct and accurate otherwise you will be deemed violating the HDB terms and condition.

3) Regarding timing-wise, it is when you sign the S&P of the private property to start the clock counting and to the date, you exercise the HDB OTP. Make sure you have passed the 30 months mark from the date you signed the S&P.
4) It is up to HDB discretion on a case-by-case basis whether they will grant exemptions.

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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