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Hi, appreciate your sharing. At law firm when you going to exercise.

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,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

If you are purchasing a resale condo, there is no S&P agreement to be signed. The only agreement will be the Option To Purchase. Your lawyer or agent did not advise you? Read More

You would typically complete the sale and purchase process at the lawyer's office. If there is an agent involved, this agent would typically guide you through all of that.

By the way, it is free to use a buyer agent in Singapore when buying a resale condo, so majority of the home buyers do that. With a buyer agent, get free professional advise about all aspects surrounding the home purchase. More importantly, you get much lower prices buying the same home compared to going direct to a seller agent who has a legal duty to make the buyer pay the highest possible price for the seller's benefit.

I'm a Harvard graduated real estate agent with a degree in economics, and have supported clients on more than $1 billion in transactions. I can help with sourcing, viewing, own-stay & investment analysis, market comparatives, timeline planning, safe entry pricing and more.

Feel free to reach out below and I can support you for free in the home buying process :)

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 would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More

For a resale condo, the timeline is actually quite straightforward.

Once you exercise the Option to Purchase and your solicitor pays the stamp duty, the S&P agreement isn’t a separate document that you sign later. The exercised OTP itself becomes the binding sale and purchase contract. Your lawyer then handles the rest of the conveyancing steps with the seller’s lawyer.

So in short, you don’t sign a second S&P. The exercised OTP is already the S&P. Read More

✔1
Once you exercise the Option to Purchase and the stamp duty is settled, that signed OTP automatically functions as the official sale contract.

✔2
There is no separate S&P document for you to sign later; the exercised OTP already carries the legal weight of the agreement.

✔3
After that, your lawyer and the seller’s lawyer take over the conveyancing work, handling deadlines, checks and fund transfers.

✔4
From this stage onward, the process is mainly administrative, with both legal teams ensuring the transaction meets all regulatory requirements.

✔5
Your role becomes simpler after exercising the OTP, as your solicitor manages the formal steps until completion of the property handover.

✔ “Simplicity is the key to brilliance.” Bruce Lee ✔
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

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Hi,

1) You will only sign a S&P agreement when buying a new launch.
2) The OTP that you exercised is considered a binding legal contract with the seller.

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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