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No full refund for flat cancellations at Fernvale, says HDB

SINGAPORE — The Housing and Development Board (HDB) today (Feb 23) said it has received a total of 95 requests from flat buyers to cancel their bookings with refund for their Build-To-Order (BTO) flats in Fernvale as of Feb 9.

HDB development at Fernvale Link, the site of where a columbarium was propose to have been built. TODAY file photo

HDB development at Fernvale Link, the site of where a columbarium was propose to have been built. TODAY file photo

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SINGAPORE — The Housing and Development Board (HDB) today (Feb 23) said it has received a total of 95 requests from flat buyers to cancel their bookings with refund for their Build-To-Order (BTO) flats in Fernvale as of Feb 9.

This is out of the 4,000 units located near the three BTO projects at Fernvale Link. However, HDB said it will not be able to accede to the buyers’ requests to cancel their bookings with a full refund of payment.

It also said flat buyers who wish to cancel their application before signing the Agreement for Lease will have the paid option fee forfeited, while cancelling the application after the signing of the agreement will result in flat owners forfeiting the 5 per cent of purchase price of the booked flat, it added.

HDB said these flat buyers will have till Feb 27 to inform the board of their final decision on the cancellation of their flat application.

Residents had previously cried foul over plans to build a columbarium within the Chinese temple designated at a plot of land located near the three projects at Fernvale Link. Many said they were unaware of the plans for the columbarium.

National Development Minister Khaw Boon Wan subsequently announced in Parliament on Jan 29 that the site was not meant for a commercial columbarium, and his ministry will ensure the tender site at Sengkang is restored to the original plan of a Chinese temple.

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