Singapore Property Market 2023: Year-In-Review

Taking a retrospective look back at 2023, let us review the developments in the property landscape over the past year in order to predict the property trends that are going to happen in 2024. Let’s recap the year by looking at the respective 2023 Q4 Reports from the Housing and Development Board (HDB) and Urban […]

What is the Difference between Option to Purchase (OTP) and Offer to Purchase?

When you’re diving into the property-buying world, you’re gonna run into these acronyms: “Option to Purchase” (OTP) and “Offer to Purchase” (also, OTP – confusing, right?). 

To keep it simple, we usually call “Option to Purchase” just “OTP,” while “Offer to Purchase” gets shortened to “Offer.”