Buying / Selling your HDB flat in Singapore

slider2With the series of cooling measures introduced by the Singapore government, many are now confused on the rules and procedures of selling a HDB unit.

Resale Checklist

HDB requires all seller to go thru a seller resale checklist. Only 7 days after you do up your checklist then you can issue an option to purchase (OTP)

Checklist will be asking questions like :-

- You must know your next alternative housing arrangement.

- You have fulfilled your minimum occupation period (MOP).

- You must do up your financials

- You will have to pay a resale levy if you are taking another new built to order (BTO) HDB


With the new ruling of valuation after buyer decided on the unit, how much to market your unit? Many are questioning. Housing agent will be able to help you with a home report of your unit containing an estimated market value, your neighbours’ asking price and the recent transacted pricing around your area.


To put up an ads all available channels for marketing your unit. Housing agents will be able to help you put ads in Property Guru, iProperty, STProperty, SRX. We also have our internal co-broke system that we can let our counterparts know that your unit is on sale.We will also have a bi-weekly newspaper ads for your unit.


Housing agents will liaise with all interested buyer or buyer’s agent to view your unit. They will help you to promote your unit.


Interested buyer will give an offer, negotiate and finally agreed on a transacted price

Option to Purchase (OTP)

Housing agent will filled an OTP form (using HDB prescribed form). Buyer will usually pay (up to 1000) as option money. Next buyer will proceed with the valuation request and loan application. Buyer will need to do a buyer resale checklist.


HDB valuer will come down to evaluate the unit. Usually this process will takes about a week.

Exercising of OTP

Once valuation and loan are approved, buyer will exercise the OTP with a amount of up to 4k. Once exercised, both side will proceed to submit the resale application to HDB and get a first appointment date

HDB First Appointment

HDB officer will require to check the eligibility of both sellers and buyers and verified the validity of the documents submitted. Officer will advise on the cpf and loan details. HDB officer will advise on a completion date (usually 8 weeks later)


Few days prior to completion, buyer will go down to have a final inspection of the unit. On completion, the officer will finalize the financial. Buyer/lawyer will collect the keys from seller/lawyer. Seller will collect cheque for the sale proceeds.


ps: I am a real estate agent with Dennis Wee Group. I am available for a no-obligation discussion for your housing needs. Please text / call me @ +65 9099 2260. You can also visit my website @ to view new condo / commercial projects available.

Condo New Launch Singapore




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