Bidding First-hand Residential Properties

The Sales of First-hand Residential Properties Authority reminds you that before bidding for a new residential property, study the development's Register of Transaction to know the prices, rebates and benefits of similar properties. Rebates may affect the loan-to-value ratio and the mortgage amount, so check with a bank if needed. Remember, if you don't make a purchase after a successful bid, your deposit will be forfeited.