3 Answers

Robbie Chen Chee Howe
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Hi,

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
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Aaron Chong
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Ling CK
Replied
Hi,

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
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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