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Dear sir/mdm,

I do not quite comprehend what do you mean by asking for a timeline of 8 months from date of OTP, and also what are the concerns of current COVID 19 you have.

It will be great to furnish me more details in private so we can give our opinion more accurately.

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
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There isn’t any right or wrong in this case. If you really like this flat so much and are not in a hurry, then just go for it.

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

Hi Sir
Sellers might ask for extended timeline either through late resale submission date or extension of stay. This is due to the circumatances of the seller themselves and the most common reason is sellers need time to find a suitable unit to purchase and prepare the unit for a smooth transition especially if they did not have any interim place of stay and did not wish to rent out a unit meanwhile. As for advise, it really depends on your judgement as a buyer. If you can get a similar unit within the vicinity with the same price and shorter waiting period, then of course is better for you to choose the alternative unit. Do contact me at 93375051  for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More

Hi,

A typical HDB transaction takes minimum 3-3.5 months from the date of OTP to complete, depending on how fast the Buyer exercises and HDB gives approval.

A Seller may request and qualify for max up to 3 months extension of stay if they had committed to their next housing, a resale property with Buyer's agreement. That works out to about 6 months+.

8 months timeline would probably mean a delay in submission of about 1.5 months, which is not an unreasonable request.

My suggestion is that if you like the flat and is not in an urgent need for the flat, you could consider to go for it.

I am experienced and well-versed in both HDB resale and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi

...I want to buy a resale HDB. But the agent is asking for a time line of 8 months from the date of OTP.

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