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What should HDB sellers look out for?

  • Writer: Shirley and Pamela
    Shirley and Pamela
  • May 15, 2020
  • 1 min read

Sometimes the task of selling your home can feel as big as the property itself.


Are you thinking about putting your HDB flat on the market? Our step-by-step guide to the process of selling a house will help you sell your property quickly and for the best price.

5-Steps e-guide to selling your HDB flat:

1. Register Intent to Sell: From 1 January 2018, resale flat buyers and sellers have to log in to the HDB Resale Portal using their

SingPass to start their buying or selling journey.

2. Option to Purchase The HDB Option to Purchase (OTP) is the main form of contract used when you want to sell your HDB flat. Learn more about how and when to use it.

3. Resale Application This section highlights the stages in your resale application and the appointments you will need to attend to complete the process.

4. Appointment at HDB With the streamlined resale process, buyers and sellers are required to attend only 1 resale appointment at HDB.

5. Temporary Extension of Stay After the sale of the flat is legally completed, sellers can arrange with buyers for a temporary extension of stay of up to 3 months, if they are unable to move out immediately.

Selling a property can be a complicated process. There are definitely more than just these 5 pointers to lookout for your sale. If you have more questions regarding preparing for a seamless sales & purchase procedure, valuation price or other queries, feel free to drop us a message and we hope to share with you more.

 
 
 

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ABOUT US

Wonder Homes was started with an earnest ambition of helping homeowners through the processes of buying and selling of properties. Having been there and done that, Shirley and Pamela understand the frustration one is likely to feel when going through the transactions.

The real estate consultancy duo constantly update themselves with the latest market trends, breaking down the facts and figures for their clients to aid in their decision making. Many that have engaged Shirley and Pamela would say they are sincere and only offers the best advice.

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