3 Answers

Robbie Chen Chee Howe

It is not possible to amend the price of the OTP. Both parties will have to re-do the entire process again, and Buyer will have to request for another Valuation. Also, there is no guarantee that the Valuation will come out to be the same too.

$60k COV is quite a sum in today's market. Even $30k may be considered high, unless the property is at a prime location and is well renovated? Hence, I'm not sure if it's wise for you to pay this COV.

I am experienced and well-versed in HDB resale transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

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

1) You are not allowed to amend the agreed price in the OTP.
2) You have to wait till the current OTP expired, reissue a new OTP with the new agreed price.
3) Submit a new valuation request and pay the fee accordingly.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK

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