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You will need your Singpass to submit the Request for Value. You will also need the following information to complete the form: Address of the flat. Reference No. of HFE Letter. OTP Serial Number, Option Grant Date, Purchase Price, Option Fee. Scanned copy of page 1 of the OTP.
The buyers can check the status of the Request for Value via HDB Flat Portal > My Flat Dashboard. HDB's letter that informs the buyer of the value will remain available for viewing and download until 1 month after the resale completion.
You must submit the Request for Value via My Flat Dashboard by the next working day after the Option Date, together with a scanned copy of Page 1 of the OTP. You have to pay a processing fee of $120 (including GST) to HDB.
Buyers' Details. 4. Data Review. 5. Confirmation of Payment. 6. Acknowledgement. The estimated time needed for you to complete this form is about 15-30 minutes. You need your Singpass to submit the resale application.
The buyer can do it on the HDB Flat Portal while property agents can submit the Request for Value on their clients’ behalf via the e-Resale e-Service or Estate Agent Toolkit (for agencies which are subscribers).
HDB has the sole discretion to decide whether a valuation of the flat is required to determine the value of the flat. If HDB requires a valuation of the flat, HDB will assign any of the private valuation firms on HDB’s Panel of Valuers to conduct the valuation. 5.
To submit a Request for Value, you will need to prepare the following information: - Address of the flat - HFE reference number - Option to Purchase Serial Number, Option Grant Date, Resale Price, Option Fee - Scanned copy of page 1 of the Option to Purchase (Need to attach a scanned copy of page 1 of the Option to Purchase in your application.
Apr 30, 2024 · While you can get a free home valuation for free from Homer AI, you will still need an official appraisal of the HDB resale flat you intend to buy from HDB’s panel of valuers. You can submit a Request for Value once you have received the Option to Purchase (OTP) from your sellers.
Request for Value If you are using your CPF and/or taking a housing loan to finance the flat purchase, please apply for “Request for Value” at HDB Resale Portal by the next working day after you have been granted the
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