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Need some advice on my frustration, please.

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Old 10-11-2019, 10:17 AM   #1
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Need some advice on my frustration, please.

my first condo, BUC,
OTP signed, bank loan done,
S&PA not yet signed.

Now I found developer selling my neighbor house at almost 20k cheaper (same block, same floor, same size, just mirror of my house - different stack).

I don't feel good and frustrated, need some advice on what options I have now? (Don't have much experience)

Thanks for your sharing.
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Old 10-11-2019, 10:24 AM   #2
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Nothing you can do. If u want forfeit ur unit, your 5% gone le. Which condo?
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Old 10-11-2019, 10:25 AM   #3
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Nothing you can do. If u want forfeit ur unit, your 5% gone le. Which condo?
Partial of 5% gone
Not all 5%
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Old 10-11-2019, 10:29 AM   #4
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Nothing you can do. If u want forfeit ur unit, your 5% gone le. Which condo?
Partial of 5% gone
Not all 5%
25% of the 5% or 1.25% of the purchase price.

So either I forfeit the option and loose 1.25% or suck it and proceed with S&PA. Is there any 3rd option?
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Old 10-11-2019, 10:40 AM   #5
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Then again, what makes you think developer will sell the same unit you forfeited at -20k cheaper? Who knows, someone else also eyeing and grab it at the price you paid for. Not worth the risk bah.
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Old 10-11-2019, 10:53 AM   #6
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Time and space. Sometimes a mirrored unit may give you different views, hence the price difference.

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Old 10-11-2019, 10:55 AM   #7
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Go for holiday to cool down
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Old 10-11-2019, 10:58 AM   #8
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my first condo, BUC,
OTP signed, bank loan done,
S&PA not yet signed.

Now I found developer selling my neighbor house at almost 20k cheaper (same block, same floor, same size, just mirror of my house - different stack).

I don't feel good and frustrated, need some advice on what options I have now? (Don't have much experience)

Thanks for your sharing.
What if another neighbour got more expensive than u?
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Old 10-11-2019, 10:59 AM   #9
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my first condo, BUC,
OTP signed, bank loan done,
S&PA not yet signed.

Now I found developer selling my neighbor house at almost 20k cheaper (same block, same floor, same size, just mirror of my house - different stack).

I don't feel good and frustrated, need some advice on what options I have now? (Don't have much experience)

Thanks for your sharing.
What if now that unit is selling 100k more exp? Now its buyers market, see developer or buyer blink first, u lost the guess can blame who.
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Old 10-11-2019, 10:59 AM   #10
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my first condo, BUC,
OTP signed, bank loan done,
S&PA not yet signed.

Now I found developer selling my neighbor house at almost 20k cheaper (same block, same floor, same size, just mirror of my house - different stack).

I don't feel good and frustrated, need some advice on what options I have now? (Don't have much experience)

Thanks for your sharing.
price can always go up or down wor
either you forfeit part of the fee according to contract or carry it on fulfil the contract. everything must be legal in civilised country like SG
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Old 10-11-2019, 11:00 AM   #11
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Time and space. Sometimes a mirrored unit may give you different views, hence the price difference.

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That is my opinion too. I too prefer my neighbour unit as plants can get more sunlight. Though we paying same price.
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Old 10-11-2019, 11:01 AM   #12
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developers are trying to clear units? did you check the unit one level up or down?
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Old 10-11-2019, 11:01 AM   #13
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25% of the 5% or 1.25% of the purchase price.

So either I forfeit the option and loose 1.25% or suck it and proceed with S&PA. Is there any 3rd option?
If u like the unit just take. Money can always earn back. Haven't move in already so unhappy.
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Old 10-11-2019, 11:07 AM   #14
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my first condo, BUC,
OTP signed, bank loan done,
S&PA not yet signed.

Now I found developer selling my neighbor house at almost 20k cheaper (same block, same floor, same size, just mirror of my house - different stack).

I don't feel good and frustrated, need some advice on what options I have now? (Don't have much experience)

Thanks for your sharing.
I have similar occurrence last time. The unit one floor below mine (same facing, same size, same stack) was sold 30k cheaper than mine which is not suppose to be the case as the price difference betw each floor is about 10k difference only. Thus, it seems I Lugi by $20k. The funny thing is another unit that is one floor Below this unit, paid a higher price than this outlier unit. All these happened within the same month.
I wrote in to question the developer (though they never reply me) and eventually, no such occurrence happened. The rest of the transaction price seems to go back to normal and lately, some units started to increase price by 50k which is a happy thing to me.


So I Guess there must be some “special” discount given to this unit and probably there’s some private arrangement/agreement going on. Probably the buyer is related to developer? Eg business associates? I really dunno.

Talk to your agent and let your agent feedback to developer. If nothing is done, at least the developer is aware buyers are monitoring the price closely and this could prevent similar occurrence. This may also signal to them that if they continue to do this, who would want to buy from same developer.

But then though your neighbour’s unit and your unit may be at same floor, same stack, but the view and angle facing may be different and that’s y a 20k premium over your neighbour’s unit.

Curious Which project?
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Last edited by NiShiZhu; 10-11-2019 at 11:13 AM..
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Old 10-11-2019, 11:09 AM   #15
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developers are trying to clear units? did you check the unit one level up or down?
I guess so, they're selling the opposite stack one level up and down at the same price.
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Last edited by qrcode; 10-11-2019 at 11:27 AM..
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