Is this a legal option?

[Pokémon]

Selling price will be based on what we agree at current psf.

Owner looking to exercise after SSD ends.

Yes there will be rental agreement in place until owner SSD ends.

I am confused. Do you still need to pay for rental, if there is a rental agreement in place? What about the 4% OTP being rental thing, how do they relate?

Supposedly, if seller is not subjected to SSD, you would have been able to go ahead with the purchase. However, in order to let the seller not be subjected to SSD, I wonder who is in a hurry now, seller needing the 4%, or buyer just want that unit?

Is there no other units selling in the same project that have already past the SSD period?

 

[TapInTapOut]

sounds so complicated. if buyer can wait should just walk away. find simple deal is best. no rush to get that one unit...

 

[lousylah]

Maybe the easier way is a lease-to-purchase approach.

12 month TA with tenant right to reno and option to purchase at pre-agreed price at end of lease. Only problem is the recorded purchase price will be lower (-4%) thus spoiling market for everyone else selling.