Asked by Option to purchase
I am very confused about the booking fee payable for the option to purcahse (OTP). Can someone clarify? Thank you.
1) Is it 1% or 5-10% of the purchase price?
2) Is it different for new private property and resale HDB flat and private propety?
I read different things from the below 2 sites:
http://www.ura.gov.sg/lad/HBG/otp.htm
http://www.propertyguru.com.sg/question/114729/what-is-timeline-from-option-to-purchase-to-occupa
1) Is it 1% or 5-10% of the purchase price?
2) Is it different for new private property and resale HDB flat and private propety?
I read different things from the below 2 sites:
http://www.ura.gov.sg/lad/HBG/otp.htm
http://www.propertyguru.com.sg/question/114729/what-is-timeline-from-option-to-purchase-to-occupa
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