Prospective house buyers should hold off their purchases for now due to a lack of certainty on when their properties would be completed, the National House Buyers Association (HBA) advised today.
This is until the urban wellbeing, housing, and local government minister unequivocally assures that he and his subordinates would not grant any further extensions of time (EOT) to developers, said HBA secretary-general Chang Kim Loong.
In addition, he said house buyers should demand for developers to issue an irrevocable undertaking that they would not seek EOTs from the ministry...