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Good day to you.

After the resale application was submitted to HDB, how was the seller able to cancel it without the buyers' involvement?

Considering the current situation, apart from addressing the aforementioned issue, the immediate solution is to find a rental unit for at least six months or longer. This will give you some time to look for another property, make renovations, and move in.

Let's connect and figure things out together.

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Hi there!
https://www.linkedin.com/pulse/how-to-recover-smoothly-when-your-hdb-purchase-falls-mani-rvoec How-To Recover Smoothly When Your HDB Purchase Falls Through After Selling Your Flat? #AskRealtorMani

That’s a really tough situation to be in, and I’m glad you reached out. When a seller backs out last-minute after you’ve already completed the sale of your own HDB, the stress becomes very real. Here’s a clear, friendly breakdown to help you decide your next best step:

* The seller cancelling after issuing OTP means you should be refunded your option fee in full. You can also consider small claims action if the seller refuses.
* Since your own sale has completed, you will need to vacate unless you had a Temporary Extension of Stay signed earlier.
* If you didn’t secure an extension, renting short-term is the most realistic option while you plan your next move.
* As you mentioned you cannot take a bank loan, you are left with either CPF + cash full payment or waiting for a BTO (which counts as a second-timer and will take years).
* Renting while waiting for a BTO is costly and unpredictable, especially with current rental rates.
* Buying a 3-room older resale flat fully with CPF is the most stable and immediate solution to stop rental bleeding.
* You can use CPF fully as long as the lease meets CPF usage requirements and your age-lease test is satisfied.
* No need to fork out 50% cash because you’re not taking an HDB loan – this rule only applies when taking an HDB concessionary loan for remaining lease shortfalls.
* Do consider that older flats may have slower capital appreciation, but they provide affordability, security, and immediate roof-over-your-head certainty.
* Next time, always ensure the seller provides all documents promptly, exercises on time, and check their motivation to sell – serious sellers rarely cancel without cause.

If you want, I can run through the numbers for both options (renting vs buying 3-room fully-paid) to see which one gives your family the best long-term safety.

Thank You.

Family realtor solved 1000+ property problems,

* Mani Subramanian Veeramani
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I would encourage you not to give up on your planned upgrade to a 5-room flat because of one negative buying experience. Purchasing a home is a long term commitment, especially if it is a HDB flat for your own stay.

If you'd like, would be happy to meet up and explore what other options you can take at this stage so you can make the best of your situation and still move in to an ideal home.

As it happens, I do know a couple of cheap 5-room HDB flats selling below valuation across Singapore, from genuine sellers who require no extensions. I'll be happy to share with you some options for your consideration if you'd like. This will allow you to move-in asap and minimize your interim housing while still upgrading to a 5-room flat.

Please reach out below and we can chat more.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
Tel: (+6.5.) 8.5.6.7.4.5.8.5
Whatsapp -> https://wa.me/6585674585 Read More

I understand this situation can be stressful — you’ve essentially completed one sale only to have your next purchase fall through. Based on your scenario, here are some practical options to consider:
1. Go for a BTO as a second-timer
• Pros: You could potentially get a new flat with a grant if eligible.
• Cons: You’ll likely need to rent in the meantime, which adds cost and uncertainty about timing.
2. Buy an older resale flat using only CPF
• Pros: You won’t need a HDB loan or bank loan, so you don’t need to fork out cash from your previous resale proceeds. You gain immediate ownership without waiting for BTO.
• Cons: Older flats may require renovations, and you might compromise on location or size.

Since bank financing isn’t an option and your priority seems to be preserving your cash proceeds, purchasing a resale HDB fully with CPF could be the most practical choice. You’d avoid the stress of renting long-term and can secure a home now.

If you like, I can help you look for available resale flats that fit your budget and size preferences, so you have a clearer picture of what’s immediately doable.

Aren Goh | PropNex Realty
???? 9657 6701  Read More

I do not quite understand how the deal can be called off when you have already secured the OTP and submitted the case, it should have been cast in iron unless sellers are ineligible to sell, otherwise they are legally binded to complete the sale to you. Read More

Hi, appreciate your sharing. Able to check what are the options in the market base on your current budget ?
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

1) You had opt for a 5-room flat instead of a smaller in the beginning. This implied that you are ready to fork out the 50% cash proceeds to reduce the loan from HDB.
2) The sudden change of downgrading to a 3-room flat seems an emotion move than a logic.
3) If you are at 40+ and younger than 50, you are still at a good timing to upgrade or stay put at 4-room flat.
4) If you are already 50 and elder, than, dowgrading to a 3-room flat is viable.
5) Applying for BTO is really a far stretch.
6) Imaging it takes at least 2.5~3 yrs before having a chance to flat selection. Follow by waiting for the BTO to be ready is anther 3~4 yrs. This is a total of 5.5~7 yrs down the road.
7) The final is depends on your current family and job situation to decide which is a better way to move forward.

All The Best!!!

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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(✔1)
Once an OTP has been granted, the seller is ordinarily expected to follow through. A withdrawal at this stage is unusual, and you should receive your option fee back in full. If the refund is withheld, a small-claims route is a practical next step.

(✔2)
Because your own flat sale has already concluded, you must vacate unless a Temporary Extension of Stay was signed beforehand. Without it, a short-term rental becomes the most workable stopgap while you reset your housing plan.

(✔3)
Given that you are not eligible for a bank loan, your choices narrow to a full CPF plus cash purchase or waiting for a BTO. In today’s rental climate, opting for an older three-room resale with full CPF payment often provides the fastest and most stable solution. It avoids heavy rental spending and still meets CPF usage rules when the lease-age conditions are met.

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