AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I have recently purchased an EC with my fiancee but things have changed for the two of us and thus we're looking to terminate the purchase.

I'd like to find out what other alternatives there are, other than to terminate the purchase. Thanks in advance.
0 •
288 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Gary Chang
Replied
Hi,
It is costly to terminate.
Unless you or your fiance (ex) already decided to move on to a new relationship, then it might be necessary to cancel the purchase with the developer and forfeit part of or entire deposit.

Either that, or hold your EC until end of 5-year MOP to sell the EC unit. While u are holding, you can rent out room(s).

Shorter pain is better than 5-year long pain.

Gary Chang
 81883186  Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions