DJ Danial Shahrin gave up his BTO flat and instantly purchased $530K 5-room unit to save cash

SINGAPORE: Ria 897 Danial Shahrin, 28, and his spouse Athifah, 31, canceled their build-to-order (BTO) flat utility final 2020 after development was delayed. 

Though the couple managed to safe their dream house again in 2018 – a BTO flat consists of 5 rooms – they determined to present it up because of the coming of Adam, their son. 

The BTO flat was presupposed to be prepared by the primary half of 2022. Nonetheless, there was an issue with its development and was delayed not as soon as, however thrice. Again then, Danial and his spouse  had been residing together with his Athifah’s mother and father and occupying a four-room flat. With the information of their upcoming little one, they actually wanted their very own place. 

Sadly, their appeals to cancel the BTO flat have been dropped. It was solely throughout their third time submitting all of the paperwork wanted that their cancellation had been accredited – which took 4 months. 

To ensure that the couple to obtain the 15% BTO downpayment of round $26,000, they’d to purchase a resale flat. 

“I not often learn via my private emails, and by the point I spotted the attraction had been accredited, it was one month in! HDB takes round three months to course of a purchase order, in order that meant that we solely had two months to discover a home. We have been in a really dire scenario,” Danial says in an interview with 8 Days. 

Danial and Athifah lastly purchased a flat in Pasir Ris, which incorporates five-rooms as properly. Their buy had been accredited two weeks earlier than the given three month deadline. 

Moreso, the couple bargained and purchased the home from $580,000 to $530,000 – the market worth of the realm at the moment. 

“The earlier proprietor had already discovered one other place, so he was in a rush to promote this flat. He additionally wished a three-month extension, so I informed him to present me a greater worth,” defined Danial in his interview. 

Their new house is barely a five-minute stroll from the home of Athifah’s mother and father. The 1,324 sq ft house is brilliant, spacious and nook unit. 

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