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Hi, yes exercise period could be stretched too as long as seller is agreeable. Pls feel free to let me know if you need any assistance.

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

Hi,

Do note that OTP is a private agreement between buyer & seller.
There are no specified OTP exercise period legally. The period is to be agreed between two parties.

In general, OTP exercise period is kept at 14 days. Thus you have to return to seller whether they can accept your proposal or they prefer to find another buyer instead.

Please take note that this period cannot be changed once you are granted the OTP. If you did not exercise the OTP within this period, your 1% option fee shall be forfeited.
And seller cannot find another buyer and issue another OTP during this period.

Hope the above answer to your main concerns, but if there are more queries, 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

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Hi,

The norm is 14 days, but it can be extended if both seller and buyer are agreeable. This should be made known from the start with the offer. 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
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews
(Client's Testimonials)

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Hi,

Yes, it can be done, as long as it is agreeable by both the Seller and the Buyer. I have done exercise period up to 2 months before.

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More