3 Top Factors Affecting HDB Valuation in Singapore: What HDB Resale
The HDB property valuation will determine the amount of CPF savings, housing loan, and COV to pay for your resale flat. Let’s say that you and the seller have agreed on the selling price of $725,000. You pay the OTP and submit the HDB valuation request. HDB’s official valuation of the HDB flat, however, is $700,000.
Guide To Understanding Option To Purchase (OTP) In Singapore
Exercising The Option To Purchase (OTP) Within the option period, the buyer can choose to exercise the OTP. For private properties, this is usually 4% of the sales price. Along with the option fee (1%), this would form the balance deposit which is typically 5%. For HDB flats, the balance deposit cannot exceed $5,000.
What to Do Before Exercising Option to Purchase | Ohmyhome
March 30, 2025. Exercising the Option to Purchase (OTP) is a major step on any home buyer’s journey. Once the OTP has been issued by the home seller, the buyer will be granted exclusive rights to purchase the home at a pre-approved price. Because the OTP is legally binding, buyers are obliged to exercise their option 21 days after the
Out the Door Price: Everything You Need to Know - Car and Driver
The out the door price is essentially your bottom line when purchasing a new car, truck, or SUV. This is the total cash price you will pay for your new vehicle. If you’re shopping for a new or
What does it mean by exercising... | Expert Answers in 24 hrs
3 Answers. The first 1% is only an Option Fee so that seller can give you OTP. Exercising OTP means you are going ahead with buying the property. In this process, you need to engage a lawyer to do legal purchase completion - ie. pay the balance 4%, stamp duty, etc. Pls contact me for further discussion.
- What is the difference between DOP and DOTP?
- DOTP is often compared to DOP, a traditional plasticizer, due to its similar applications. However, DOTP has several key advantages: Performance DOTP: Superior heat resistance and durability. DOP: Moderate performance under high temperatures. Sustainability DOTP: A non-phthalate alternative, safer for the environment.
- Why is DOTP a good material?
- Its molecular structure provides excellent thermal stability, low volatility, and resistance to migration, making it ideal for long-lasting products. The following are key properties of DOTP: Low Volatility: Ensures stability over time in PVC products. Excellent Durability: Resists degradation even in high-temperature environments.
- What are the advantages of DOTP?
- Resistant to soapy water and low-temperature flexibility. Because of its low volatility, the use of DOTP can fully meet the temperature resistance requirements of wires and cables and can be widely used in 70°C-resistant cable materials (IEC standard of the International Electrotechnical Commission) and various other soft PVC products.
- What is DOTP used for?
- Automotive: DOTP is used in automotive interior trims, dashboards, and wiring insulation due to its high flexibility, thermal stability, and low toxicity. Construction: It is employed in flooring materials, roofing membranes, and wall coatings for its durability and ability to enhance flexibility.
- What are the properties of DOTP?
- The following are key properties of DOTP: Low Volatility: Ensures stability over time in PVC products. Excellent Durability: Resists degradation even in high-temperature environments. Eco-friendly: Free from phthalates, making it safer for humans and the environment.
- What is DOTP made of?
- DOTP is made from terephthalic acid and 2-ethylhexanol. Its molecular structure provides excellent thermal stability, low volatility, and resistance to migration, making it ideal for long-lasting products. The following are key properties of DOTP: Low Volatility: Ensures stability over time in PVC products.
