Timeline for buying a resale private home in Singapore:
1. **Secure OTP (Week 1)**: Pay 1% ($14,000 for $1.4M property).
2. **Exercise Option (Within 14 days)**: Pay 4% minus 1% ($42,000).
3. **Apply for Bank Loan (Within 2-4 weeks)**: Loan application fee varies.
4. **Pay Stamp Duties (Within 2 weeks)**: BSD $36,600, ABSD $238,000.
5. **Sign Sales and Purchase Agreement (Within 8-10 weeks)**: Legal fees ~$3,000.
6. **Completion and Key Collection (10-12 weeks)**: Down payment $280,000, bank loan $1,050,000.
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