 | | Guaranteed Deposit Plan (GDP) | | The GDP is designed to protect buyer’s deposit and to give him/her peace of mind to purchase
the property.
My HSR guarantees the return of deposit money up to a maximum of $8,888 in the event the seller is a bankrupt and is unable to repay the deposit.*
* Limited Offer only. Terms and Conditions apply. | | |
| | | The buyer is guaranteed the return of deposit money paid to the seller up to the maximum sum of $8,888 in the event the seller is subsequently discovered to be a bankrupt and is unable to refund the deposit money to the buyer when the purchase is aborted.
The GDP is condition upon the property being transacted through My HSR and the buyer has agreed to pay My HSR a marketing fee of one percent of the sales price. | | |
| | |  | Based on the My HSR Exclusive Right to Purchase and GDP Agreements | | | HDB buyers must pay one percent commission plus GST | | | Applicable when seller is made an undischarged bankrupt during conveyancing period | | | Claims must be supported by evidence and during conveyancing period | | | Buyer must render all necessary co-operation and assistance to HSR in seeking to recover deposit money from the bankrupt seller | | | My HSR will only pay up to a maximum of $8,888 | | | |
| | | | Remove anxieties and worries | | | Secure buyer’s deposit | | | Enhance success of sale | | | Peace of mind | | | |
| | | For more information on this plan, please contact us for the brochure at our Contact page.
For other enquiries, please call (65) 6559 8888 or fax us at (65) 6559 8889. | | |