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Hi Adeline, not really. The option and exercise fee is negotiable between seller and buyer. I had past transactions whereby the option fee is $500 and the exercise fee is another $500.

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

Hi,

The total deposit (option fee and option exercise fee) should not exceed 5k, it can be any amount from $1 to $5k. But realistically speaking most sellers will want 1+4k as they need that for the purchase as well and also to know buyer is serious.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

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

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

HI Adeline,
The option fee is up to 5k, meaning any amount as long the seller agreed. If the purchase price is 280k, the eligible hdb loan will be 90% of 280k. Please drop me an email for me to share more details.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More