Asked by Anonymous
I wish to inquire on the following condition stated by HDB in order for sellers to get approval for HDB Temporary Extension of Stay:
CONDITIONS TO BE MET BY SELLERS
4.1 The Sellers must have committed to buy a completed property in Singapore that is
ready for occupation, i.e. have exercised an Option to Purchase or signed a Sale and
Purchase Agreement.
I have exercised the option to purchase a condo and paid a 5% deposit of the purchase price. The condo is still not TOP and I have to complete my HDB Resale flat in Mid October 2021. I wish to request 3 months temporary extension of stay and the buyer has agreed. However, reading the condition stated above, my new property is considered a "not completed property and is not ready for occupation"; am I still eligible to apply for HDB Temporary Extension of Stay.
Please help to advise soon. Thank you.
CONDITIONS TO BE MET BY SELLERS
4.1 The Sellers must have committed to buy a completed property in Singapore that is
ready for occupation, i.e. have exercised an Option to Purchase or signed a Sale and
Purchase Agreement.
I have exercised the option to purchase a condo and paid a 5% deposit of the purchase price. The condo is still not TOP and I have to complete my HDB Resale flat in Mid October 2021. I wish to request 3 months temporary extension of stay and the buyer has agreed. However, reading the condition stated above, my new property is considered a "not completed property and is not ready for occupation"; am I still eligible to apply for HDB Temporary Extension of Stay.
Please help to advise soon. Thank you.
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