How long does the transaction appear on record after the OTP is exercised?

When an Option to Purchase (OTP) is exercised for a property in Singapore, a caveat is typically lodged with the Urban Redevelopment Authority (URA) by the buyer's law firm. This caveat serves as public notice that the property has been secured by a buyer.

Transaction Record Duration

The URA maintains caveat records and transaction information for 60 months (5 years) on their public records. After this period, the transaction information is no longer accessible through the URA's public database.

This means that if you're researching a property's transaction history, you'll only be able to view transactions that occurred within the past five years. Any transactions that took place before this timeframe will not appear in the publicly available records.

What This Means for Property Research

When checking transaction histories on platforms like EdgeProp Singapore, the data displayed is typically sourced from URA records. If a development has had no transactions within the past 60 months, you won't find any recent transaction records available. This is particularly relevant for smaller or boutique developments where transaction volumes may be low.

For the most accurate and up-to-date transaction information for properties in Singapore, you can use EdgeProp Singapore's analytics tools to access historical property data including recent transactions, price trends, and sales volumes.