2 Answers

Hi Combe

Takeover refers to assignment. It refers that you will takeover all fittings discussed at a rate (Takeover fee) and committed to accept the terms of the lease with the owners.

You do not own the premise and is subjected to the rental with the owner.

Takeover fee varies and is negotiable. Most business people won't mind giving a reasonable takeover fee to secure the unit of their choice especially in the case of a HDB units or units that need to go through tender process.

Best Regards

Ethan Ang
C&H Properties Pte Ltd
 9769 0125 
ethan97690125@gmail.com Read More
0
Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

Welcome owner/Landlord to list through us

Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Bless n Warm Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More
1