Hi,
1) When comes to speed, it is an obvious answer to your question.
2) Pre-covid period, HDB already need about 3 yrs to TOP an HDB, which personally think is bearable.
3) In the current situation, I already heard some of them were told TOP is going to end in 2026.
4) Resale flat is always more readily available than BTO in terms of speed.
5) However, buying resale flat needs more effort and more upfront cash, which you don't need in selecting BTO. You just accept what was available.
6) This is when real estate agents come into place, to assist buyers in analyzing the market value, location comparison, layout type, negotiation, etc. So as to meet the buyer's budget and expectations.
7) You also need to verify the seller's legal position in the flat, and not just because he is staying there he automatically became the owner.
8) You also need to check whether there is any conflict between sellers so as to avoid any hiccups after offering for an OTP, spend on valuation and resale submission, then realize one of the sellers does not want to sell.
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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