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Learn about submitting a resale application after your buyers have exercised the Option to Purchase, and what to expect after the submission.
Application. After the buyers have exercised the Option to Purchase (OTP), you and the buyers must submit the respective portions of the resale application and the necessary supporting documents via My Flat Dashboard.
A1 A resale application is complete when HDB receives a resale application form from both the flat sellers and buyers. Flat sellers and buyers must submit their respective portion of the resale application, together with the necessary documents, within 7 calendar days of each other.
Accept Resale Application. Q1 When will HDB accept a resale application? A1 After HDB has received the complete resale application and full set of supporting documents, we will verify the eligibility of the flat sellers and buyers and review the supporting documents.
May 6, 2021 · #1 Eligibility To Purchase. First, we need to check that we are eligible for the HDB resale purchase. This includes fulfilling both HDB criteria and the financial capability to take on the purchase or mortgage. For HDB requirements, we can check our eligibility here.
Oct 4, 2021 · If the application is in order, HDB will notify the flat sellers and buyers of its acceptance of the application via SMS and emails within 14 working days, and post the application progress update in the HDB Resale Portal.
The HDB Resale Portal makes the buying and selling of resale flats a breeze. Buyers and sellers of these flats can easily complete the required forms and do checks online using the portal.
Apr 3, 2024 · Here are the 14 steps to buying a resale HDB flat in 2024. 1. Check your eligibility. 2. Calculate your affordability. 3. Apply for a HDB Flat Eligibility (HFE) letter. 4. Start your home search. 5. Decide on a financing option. 6. Make an offer. 7. Discuss Temporary Extension of Stay with the seller. 8. Request for flat valuation. 9.
Oct 30, 2020 · Easy Step-by-Step Guide to the HDB Resale Procedure for Buyers in 2023. 30 Oct 2020. Tips & Advice. HDB 4 Room by Weiken.com Design. In this guide, we’ll walk you through the exact steps to take when buying a resale HDB flat. From the types of grants available to the submission of the resale application, we’ve got you covered.
Mar 2, 2020 · Selling your HDB flat in Singapore? Here's a guide that outlines the HDB resale application process, including 4 steps you need to take during the completion phase.
