Hi,find it very weird that you copied the exact same questions someone else had asked and post it here and also pte msg me.
You can find the answers in the below thread.
Burning Qns: HDB Contra
Seller back out after 1st appointment date - Contra
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Hi Vinz
I am the buyer of the new unit, the seller back out, refuse to sell his unit to me, after going through the first appointment. I know I will be the one to sue the seller, however, the seller claim he does not have money and may end up bankrupt.
I manage to cancel the other buyer of my old unit, due to the other party refuse to sell his unit to me.
However, now the issue, I would like to get compensation. Any Idea what is the reasonable amount I should be getting?
Claiming back my deposit, HDB registration fee for doing a contra, income loss due to 1st appointment, loss of my sale of my old unit to the other buyer, to ask for the difference of expense of getting another unit which may cost more expensive. Asking for difference for purchase, may be difficult as the seller keep on saying he maybe bankrupt anytime.
Of course, another question, I know you are agent, which is quite sensitive. Can I also sue the agent as he did not ensure the seller is able to find another unit when he decides to sell the flat unit to us. This agent is not our selling agent, we just approach him directly. This agent somemore dare to say once sign the OTP, this seller definitely have to move out by the 2nd appointment date, if seller default just sue him. Initially, we thought sueing may not appear in our mind. Now after going through, suing matter is not easy and is a lengthy procedure.
I may have to go through the small claims tribunal to get back all my money. Do you think you can advise on this issue, how high is the chance of getting my money?