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Good morning seller,

I will strongly advise you to wait till your buyer exercise on your sale option before proceeding with the purchase of new launch.

If your buyer chooses to back out during the option period, you still gain from the forfeiture of option money. But if you make an booking fee, you will stand to lose up to 25% of it.

Hope my sharing is beneficial to your property needs.

May I know how can I continue to value add in your plans?

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
R043025D
Propnex Realty Pte Ltd

(M): +65 9111 5171 
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Hi,

Issuing the OTP does not necessarily mean the Buyer will proceed to exercise it. There is always a chance the Buyer for Property A doesn't proceed to exercise the Option. And even when Buyer exercised the OTP, there is also a chance for the sale to fall through, sometimes due to unforeseen circumstances.

By proceeding to commit for Property B, you will have to acknowledge this risk.

Do contact me at my mobile 97486305  to discuss further how we can sort this out in the best possible way.

Thank you. Read More

Hi Sir/Mdm,

For your case, you may have to try the get the sales done as soon as possible. Is there regular viewings, expression of interests or any concrete offer to day?

You may request to the buyer for a shorter option period of say 2 weeks so that once the option is exercised, you may proceed to put a booking for your new launch.

I have assisted many of my clients to sell their properties in record time at good prices. Please feel free to contact me if you need further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
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Hi,

Re: Our Preferred SG Professional- Agent.myweb.sg & Agent.irealtor.sg

No worries, now is the buyer market. It importance to complete your current property transaction first, before you consider any other property.

You might find a better choice property later on :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

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Afternoon,

It would be good to act only after your buyer have exercised the option. As such should the buyer opt to back out, you havetheright to request for specific performance. As for the purchase, it will depend on your luck if your preferred unit/s are still available by the time the Option have being exercised. I would advice that you communicate with your servicing agent so that both of you are on the same channel.

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

Hi seller/buyer,

Do wait for your buyer to exercise the option first, and you should get an agent to book the unit for you. Do let me know what project you're interested in, and I'll see if I can help.

Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602  Read More

Hi,

I would advise to wait until the buyer for your property A exercises the OTP before you secure any unit in the new launch. If the buyer for property A backs out for one reason or another, though you can still forfeit the option money, the financial transition will be difficult and be messed up as the sale proceeds will not come through.

May I know which project are you considering? I may have the first hand info on the availability so that you are not rushed into a decision for both commitments of sale & purchase. Thanks and hope to value-add to your housing plans further.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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Dear seller,

I suppose if having that 1% option money from your buyer and you have sufficient for the 5% commitment fees for the new launch, assuming that quantum size of your sale and purchase is similar, your risk to lose the 25% of the booking fees is at 0.25% of the quantum size you are looking at. Is it worthwhile to take on this risk of losing the 0.25% in order to secure a unit of your choice?

Anyway, I am keen to know which project you are keen in and perhaps we can discuss more about whether it is indeed a good move to make in your described scenario.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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Hi, actually it doesn't take you much waiting time. Because once the buyer starts to exercise the sale of your HDB unit, you will be cleared of additional stamp duty and you could then proceed to this particular showflat to sign the paperwork. In fact, I have a similar case like yours just last month. The moment the buyer came back to exercise the OTP of the HDB unit of my sellers, immediately we went down to the showflat of The Poiz Residences the following day to place the option of a particular unit as this project is a fast selling one. I would be most glad to assist you further and pls feel free to let me know if you need any assistance.

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

Hi Sir/Madam,

Please kindly note that issuing of the OTP does not necessarily means that the Buyer will proceed to exercise it. There is always a chance that the Buyer may not proceed to exercise the Option. Even when Buyer exercised the OTP, there is also a chance for the sale to fall through, sometimes due to some unforeseen circumstances.
Thus, before proceeding to commit for a unit in the new launch, you will have to first acknowledge this risk.

Hope my sharing is beneficial to you.
Thank you.

Warmest regards,
Sharon Fu Lihua
Hp: 9683 3445 
R055436J
ERA Realty Network Pte Ltd Read More