HDB resale transactions are conducted on a “willing-buyer-willing-seller” basis. After a resale price has been agreed upon, the flat sellers will grant an option to purchase (OTP) to buyers, who pay an option fee of up to $1,000 in cash. When buyers exercise the OTP, they will have to pay an option exercise fee. This, together with the option fee, is capped at $5,000 and forms the deposit for the flat.
Flat buyers who decide not to exercise the OTP will forgo the option fee paid to the seller. The option fee is kept affordable for flat buyers while safeguarding flat sellers’ interests.
Denne historien er fra October 02, 2024-utgaven av The Straits Times.
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Denne historien er fra October 02, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Jail and cane for man who preyed on 3 girls, including sister
A 27-year-old serial sex predator who preyed on three girls, including his younger sister, was sentenced to 16 years in jail and 15 strokes of the cane on March 10.
S'pore small but 'far from powerless' in unpredictable world: Seah Kian Peng
Global disruptions in trade, technology and security will impact Singapore, but the Republic is \"far from powerless\" despite its small size, said Speaker of Parliament Seah Kian Peng on March 10.
US markets trailing the world as the aura of America First fades
Investors have a growing list of reasons to look elsewhere as mood sours in the US
Singapore stocks decline as markets across Asia end mixed
• STI falls 0.4%; losers beat gainers 320 to 195 • Frasers L&C Trust tops STI; Hongkong Land comes in last • Hang Seng sheds 1.9% amid China tariffs on US farm goods
Hawkers must operate stalls themselves to prevent subletting: Koh Poh Koon
Hawker centre stallholders have to operate their stalls personally as a measure to prevent subletting, as this keeps barriers to entry low for small businesses and preserves the authenticity of the hawker culture, said Senior Minister of State for Sustainability and the Environment Koh Poh Koon in Parliament on March 10.
PSG The Best We Faced This Term
Robertson says Liverpool have to improve their off-the-ball work and attack to secure quarter-final spot
IN FULL BLOOM
Here are five ways to experience Japan's sakura season in all its beauty
Swiatek with another quick, commanding win
Defending champion Iga Swiatek crushed Dayana Yastremska 6-0, 6-2 and 2023 winner Elena Rybakina powered past Katie Boulter 6-0, 7-5 to reach the fourth round of Indian Wells on March 9 with displays of dominance.
Coffee shop operator, 76, jailed for pushing man, 80, leading to his death
Both men had quarrelled before aggressor pushed victim, who fell and suffered skull fracture
Man who worked with young people at PA jailed for sexually assaulting teenager
A man who previously worked with young people at the People's Association (PA) has been handed a jail sentence of 10 years and six months for sexually assaulting a then 16-year-old boy.
