ceecookie
Arch-Supremacy Member
- Joined
- Dec 26, 2006
- Messages
- 22,625
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Sharing my purchase story.
Was already looking at a particular area nearby Tengah (since Tengah too new for resaler HDB). Went house hunting before 35th birthday - came across a freshly MOPed unit with excellent interior decor. Everything inside was customised, even the toilets also no default HDB tiles/furnishing.
Immediately made an offer on the spot which Sellers accepted. Looking back, no regrets as today I still dun see any comparable flats on sale that match the design and price point.
I mainly used ChatGPT and Copilot AIs to guide me through the buying process. It ended up giving me some incorrect info especially for Stamp Duty payment. It told me i must pay Stamp duty within 14 days of exercising the OTP - in actual fact that's for private property and not HDB which need to wait for HDB approval letter first. Secondly the AI told me to use OTP exercise date for "Date of Document" in stamp duty cert. Today my law firm told me its wrong, must use HDB approval letter date instead. Now i have to submit amendment request to IRAS to revise my stamp duty cert
Was already looking at a particular area nearby Tengah (since Tengah too new for resaler HDB). Went house hunting before 35th birthday - came across a freshly MOPed unit with excellent interior decor. Everything inside was customised, even the toilets also no default HDB tiles/furnishing.
Immediately made an offer on the spot which Sellers accepted. Looking back, no regrets as today I still dun see any comparable flats on sale that match the design and price point.
I mainly used ChatGPT and Copilot AIs to guide me through the buying process. It ended up giving me some incorrect info especially for Stamp Duty payment. It told me i must pay Stamp duty within 14 days of exercising the OTP - in actual fact that's for private property and not HDB which need to wait for HDB approval letter first. Secondly the AI told me to use OTP exercise date for "Date of Document" in stamp duty cert. Today my law firm told me its wrong, must use HDB approval letter date instead. Now i have to submit amendment request to IRAS to revise my stamp duty cert
- First viewing: Early Oct 2025
- On the spot offer to sellers
- Formal Private Agreement to reserve flat until HFE approval: Signed a few days later
- HFE Application: 13 Nov 2025
- HFE Approval: 14 Nov 2025
- Received OTP: 1 Dec 2025
- Valuation Request to HDB: 1 Dec 2025
- Valuation Outcome: 4 Dec 2025
- Bank Loan LO issued: 15 Dec 2025
- Accepted LO the same date
- Exercise OTP: 17 Dec 2025
- Intentionally delayed the OTP exercise date so that can drag Bank loan application. Just nice Dec had Fed reserve rate cut, so my interest rate dropped from 1.55% to 1.5%.
- HDB Acceptance: 27 Jan 2026
- HDB Approval: 4 Feb 2026
- HDB Completion: 23 Mar 2026 (will let lawyers handle the on-site appt)
Despite my pestering HDB, wonder why they are taking so long
