SELLING A HDB RESALE FLAT
Under Ministry of National Development (MND):
The Council for Estate Agencies (CEA) is a statutory board established under the Estate Agents Act 2010 to administer the enhanced regulatory framework for the real estate agency industry. Commencing its operations from 22 October 2010 ... ...
CEA Practice Circular
MND HDB Annex A Revised HDB Resale Procedure
CEA
APPOINTMENT OF AN ESTATE AGENT
Form 5 Exclusive Estate Agency Agreement for the Sale of Residential Property
Gazetted Commission guide
Log in to IRAS with NRIC and SingPass
Property Tax > Other PT e-Services >
View my Property Portfolio > Click on the property address >
PRINT OUT "My Property Portfolio that show name of owner.
HDB Resale Price Index
PRINT OUT Resale Flat Prices
( HDB Branch will reply in TWO WEEKS time )
Minimum Occupation Period (MOP)
From the day you pick your keys, you are subject to a Minimum Occupation Period which usually lasts five years. Before the Minimum Occupation Period is up, you’ll be forbidden to do the following:
While the MOP is generally 5 years, there are some exceptions. This table helps you to figure out how long your MOP will be.
Minimum 7 days before seller can issue Option to Purchase.
■ Resale flat address
■ All sellers'/ buyers' NRIC numbers
■ Email addresses of all sellers'/ buyers'
■ Contact details of one seller/ buyer
■ Salesperson's NRIC number,
CEA registration number,
Estate Agent license number and
contact information.
■ A scanned copy of the
Estimated Sale Proceeds Calculation
and
Sales Financial Plan or Resale Financial Plan
for the next purchase
(applies only to sellers who plan to buy another HDB flat
Obtained an HLE HDB Loan Eligibility Letter ).
will be sent to the Seller's e mail address
after Agent's Submission.
RETRIEVE COMPLETED CHECKLIST
Review, Confirm All information are correct,
ENDORSE and SUBMIT the Resale Checklist
IMMEDIATE WITHIN NEXT DAY
with Resale Checklist serial number
that will be sent to the Seller's e mail address
on the next day after Agent's Submission.
Important Notes:
Sellers can only grant the Option to Purchase
at least 7 days after completing and submitting
the checklist to the HDB.
The checklist serial number is required
when submitting the resale application.
If you are not able to submit your resale application
within 6 months
after the date the checklist is completed,
you will need to resubmit a new checklist.
This is to ensure that
sellers are aware of the latest policies
on selling an HDB flat.
All sellers and their salesperson, if any,
are required to sign on the completed checklist
during the First Appointment.
The completed checklist will be
printed by the HDB for your signing.
PROCEED TO ADVERTISEMENTS SALE AND MARKETING ACTIVITIES
Bank needs Valuation Report before issue LETTER OF OFFER
Buyer needs
Buyer should do the Resale Application Registration First.
VALUATION
hdb Online Submission of Valuation Request
Cost Involved for Selling your HDB flat
hdb Median Resale Prices by town
CLOSING A SALE TRANSACTION
hdb Option to Purchase pdf OTP Form
hdb pdf Important Note to Option to Purchase
hdb Procedure to OTP
ADMINISTRATION
hdb pdf Download Saleperson Statutory Declaration for resale application 1st May 2012
hdb Online Submission of RESALE APPLICATION and Valuation Request
hdb Online Submission of RESALE APPLICATION
hdb Enquiry on Available Dates for Resale First Appointment
( Queue Time approx 8 weeks )
hdb Procedure to submit for Resale Application
hdb First Appointment
hdb HDB Completion
hdb HDB Info Web
BUYING A HDB RESALE FLAT
SELLING A HDB RESALE FLAT
RENTING OUT A HDB FLAT
Under Ministry of National Development (MND):
The Council for Estate Agencies (CEA) is a statutory board established under the Estate Agents Act 2010 to administer the enhanced regulatory framework for the real estate agency industry. Commencing its operations from 22 October 2010 ... ...
CEA Practice Circular
MND HDB Annex A Revised HDB Resale Procedure
CEA
APPOINTMENT OF AN ESTATE AGENT
Form 5 Exclusive Estate Agency Agreement for the Sale of Residential Property
Gazetted Commission guide
IRAS / INLIS Proof of ownership
Log in to IRAS with NRIC and SingPass
Property Tax > Other PT e-Services >
View my Property Portfolio > Click on the property address >
PRINT OUT "My Property Portfolio that show name of owner.
HDB Resale Price Index
PRINT OUT Resale Flat Prices
HDB Ethnic Integration Policy and SPR Quota
Ethnic Group Eligibility PRINT OUT EIP and SPR QuotaHDB Minimum Occupation Period Eligibility to Sell
Request for Confirmation of Eligibility to Sell Your HDB Flat.( HDB Branch will reply in TWO WEEKS time )
Minimum Occupation Period (MOP)
From the day you pick your keys, you are subject to a Minimum Occupation Period which usually lasts five years. Before the Minimum Occupation Period is up, you’ll be forbidden to do the following:
- Sell your flat on the open market
- Rent out your whole flat
- Invest in private property, whether in Singapore or overseas
While the MOP is generally 5 years, there are some exceptions. This table helps you to figure out how long your MOP will be.
HDB Check Outstanding HDB Loan or Bank Loan
CPF Check CPF REFUND: Net Amt Used + Accrued Interest
Log in CPF with SingPass n Print Out " My Statement - SECTION C "
HDB Check and confirm any Unpaid Upgrading Cost
HDB Estimated Sale Proceed Calculator
PRINT OUT SCAN COPY / SAVE AS PDF Estimated Sale Proceeds
HDB "Sale Registration Number" of newly applied flat
Please get ready the following items :
■ Resale flat address
■ All sellers'/ buyers' NRIC numbers
■ Email addresses of all sellers'/ buyers'
■ Contact details of one seller/ buyer
■ Salesperson's NRIC number,
CEA registration number,
Estate Agent license number and
contact information.
■ A scanned copy of the
Estimated Sale Proceeds Calculation
and
Sales Financial Plan or Resale Financial Plan
for the next purchase
(applies only to sellers who plan to buy another HDB flat
Obtained an HLE HDB Loan Eligibility Letter ).
IMPORTANT:
Resale Checklist serial numberwill be sent to the Seller's e mail address
after Agent's Submission.
IMPORTANT:
SELLER to Login with Singpass On the NEXT DAYRETRIEVE COMPLETED CHECKLIST
Review, Confirm All information are correct,
ENDORSE and SUBMIT the Resale Checklist
IMMEDIATE WITHIN NEXT DAY
with Resale Checklist serial number
that will be sent to the Seller's e mail address
on the next day after Agent's Submission.
hdb Resale Checklist
Important Notes:
Sellers can only grant the Option to Purchase
at least 7 days after completing and submitting
the checklist to the HDB.
The checklist serial number is required
when submitting the resale application.
If you are not able to submit your resale application
within 6 months
after the date the checklist is completed,
you will need to resubmit a new checklist.
This is to ensure that
sellers are aware of the latest policies
on selling an HDB flat.
All sellers and their salesperson, if any,
are required to sign on the completed checklist
during the First Appointment.
The completed checklist will be
printed by the HDB for your signing.
PROCEED TO ADVERTISEMENTS SALE AND MARKETING ACTIVITIES
Bank needs Valuation Report before issue LETTER OF OFFER
Buyer needs
- 7 days after RESALE CHECKLIST
- HLE / LETTER OF OFFER
Buyer should do the Resale Application Registration First.
VALUATION
- The Purpose of the valuation is for buyer to apply for a housing loan or use CPF monies for the flat purchase.
- Buyers who have sufficient cash to pay for a flat purchase in full do no need a valuatiion.
hdb Online Submission of Valuation Request
| Fees Payable to HDB for processing of Valuation Request | ||||||||
- Fees paid are non-refundable and includes Goods and Services Tax (GST) | ||||||||
Valuation Fee: $120- After Requestor put up an Application for Valuation online via hdb.gov.sg
- Valuer will contact Owner and visit for a 10 minutes photo taking inspection.
- Requestors/Buyers please download your Valuation Report from My HDBPage Login Panel with your Singpass in 5 days time.
Cost Involved for Selling your HDB flat
The fees payable are:
The financial payments that you may need to settle are:
RESALE
CLOSING A SALE TRANSACTION
hdb Option to Purchase pdf OTP Form
hdb pdf Important Note to Option to Purchase
hdb Procedure to OTP
ADMINISTRATION
hdb pdf Download Saleperson Statutory Declaration for resale application 1st May 2012
hdb Online Submission of RESALE APPLICATION and Valuation Request
hdb Online Submission of RESALE APPLICATION
hdb Enquiry on Available Dates for Resale First Appointment
( Queue Time approx 8 weeks )
hdb Procedure to submit for Resale Application
hdb First Appointment
hdb HDB Completion
hdb HDB Info Web
BUYING A HDB RESALE FLAT
SELLING A HDB RESALE FLAT
RENTING OUT A HDB FLAT
