John Tan, a property agent at Sky High Realty, is assisting Chen Wei and Li Ming, a married couple, in purchasing their first home in Singapore.
They are interested in a 4-room HDB flat in Tampines.
John explains the various eligibility schemes and grants available to them.
Chen Wei and Li Ming are both Singapore Citizens and have never owned any property before.
They are particularly interested in understanding the differences between proprietary and personal rights, as well as the implications of fixtures and chattels in their potential new home.
John also advises them on the importance of understanding the legal and equitable interests in property transactions.
As they explore their options, they are keen to learn about the potential for future development in the area and how it might affect their investment.