1 Answer

Hi,

I am not sure what do you mean by 2nd ballot, may I know are you referring to EC or private condo? The regulation is such that for condos under construction, if you have been issued OTP in return for 5% cheque, should you choose not to exercise the S&P, 25% of that amount will be forfeited.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
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