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Morning Zackary,

If you are able to obtain an in-principle approval before placing an option fee, duration of obtaining an letter of offer from bank will be shorten.

As a norm, it's slightly shorter than the option exercise period of 2 weeks.

If you are looking to rent out or sell off your property after TOP, it might take a longer time compared to before TOP (for sale) unless your pricing/ asking rental is reasonable.

You have to understand before TOP, buyers will only be looking at the floor plan to make an offer.

After TOP, you will have more competitors as whole development is available for viewing. Viewing takes time as buyers also obtain a "wait and see" approach.

But no worries, as long as your pricing is reasonable and not sky high, it can be sold with ease.

Any developments you have in mind?

Warmest Regards,
YT TAN | ACCA Graduate
Senior District Manager
R043025D
(M): 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd Read More

Afternoon,

If you have done your IPA prior the purchase and your credit and income status does not change, getting the Letter of Offer should not drag more than 10 days. Otherwise, it may take longer than expected.

As for getting a buyer upon TOP, it would depend on your asking price and the economy at that period of time. Nobody can predict the market tmr. In reference to rental, the asking price differ from district, unit size and furnishing.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Zackary

Are you looking to sell/buy or rent out your property?

I will be glad to assist
I am well versed in HDB and Private Property transaction and have done many transactions
Appreciate if you can contact me at (65) 96608508  with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More