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Hi there,

If an engaged couple has exercised the option to purchase a resale HDB but then ends the engagement, can one of them buy over the resale HDB under the single scheme? The guy is above 35 years old.

What would the financial losses be like, if any?
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2 Answers

Aaron Chong
Replied
Hi, in this case it would be better to abort the whole transaction and to redo a new contract base on a single buyer. But will need the agreement consent of the seller of course.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Replied
Hi,

If the OTP is under both names, it will have to be voided. You can discuss with the Seller to reissue another OTP under Single name.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

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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