0000042976 00000 n The page you are looking for may have been moved or no longer exists. �5~�����J*Y>?�Ez^�]u�uv�ə�"j�[z�~{ejpN-B���ۗ��Z����07�PF����LUL���!w��������z������$�\G7�P��� u�����B�����?o���T��ѧ�__{����jL����@�M\��xb PRs can buy resale HDB flats. kopitiam or shopping centre)? The Resale Checklist must be completed and submitted online via the Resale Checklist for Sellers/Buyers e-Service to the HDB at least seven days before you grant the Option to Purchase to the flat buyer. There is so much in place for you to bond with your neighbours and create an active and cohesive community. After this, the seller will grant you an Option To Purchase (OTP), valid for 21 days. 0000022768 00000 n 0000001292 00000 n a) It takes effect for Resale Applications received by HDB on or after 1 May 2008. 0000042544 00000 n Start searching for your ideal home now! 0000002902 00000 n 0000002715 00000 n %PDF-1.6 %���� 0000003204 00000 n %%EOF Buyers. For sellers who have engaged the services of a salesperson. 0000020043 00000 n The Resale Checklist highlights key policies and procedures that you must note before selling your flat. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. 0000002148 00000 n 0 Be guided through the process of buying and selling a resale flat. 2.3 Sellers must register their Intent to Sell at least 7 days before … 0000016028 00000 n Step 12: Invite Buyer to Inspect the Unit. If hiring an agent is not an option for you, or if you decide you’d rather buy your flat yourself, here’s how to go about it. x�bbbd`b``ń1@� �: � Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. As a new HDB flat homeowner, you should be celebrating this turning point and not stressing yourself out. You can find out more about the types of HDB car parks, important car park information, and parking offences. If you have engaged the services of a salesperson, your salesperson is required to go through and complete the checklist with all sellers. 2.2 The HDB Resale Portal will integrate all the eligibility checks, provide the essential information to the sellers and buyers, and guide them through the process for the sale or purchase of the resale flat. Step 1: The Planning to Buy a HDB resale flat 1.1 Eligibility to buy a HDB resale flat. For buyers who have engaged the services of a salesperson, the salesperson will have to go through all the items in the Resale Checklist with the buyers and sign on the checklist. 82 0 obj <> endobj 82 48 ... HDB Community Week 2019 Title: ���|�j��� ����3w1 Fi� v 7Í£ j�dFGn�GH�F!×°k`e��K�v�Wm[aF��� ���J HDB provides mortgage loan and various financial schemes to help you in buying a flat: Housing Loans From HDB Sellers are required to complete and submit the Resale Checklist online via the Resale Checklist for Sellers/Buyers e-Service at least seven (7) days before they grant the Option to Purchase to buyers. 0000042780 00000 n You HAVE to complete and submit the resale checklist before proceeding to exercise the option. 0000049986 00000 n You wouldn't want to end up with a monthly instalment that you can't handle. 0000019988 00000 n The latest HDB Apartments for sale in Singapore. #7. 0000003052 00000 n Completing the process has never been easier. The first thing you need to check is whether you’re eligible to buy a resale flat in the first place. How to complete and submit the Resale Checklist To complete and submit the checklist, follow the steps below: You can submit an application, submit an online enquiry, or make an appointment with us. 0000050795 00000 n While BTO flats are only reserved for Singaporeans, PRs can buy resale HDB flats (see the full requirements for PRs here). By. 129 0 obj<>stream Resale Checklist for Sellers 3 Resale Checklist for Sellers Sellers who do not engage the services of housing agent may make use of the Resale Checklist prepared by the HDB for planning their DIY resale transaction. 4. There are 8 Eligibility Schemes. 0000003561 00000 n 0000033805 00000 n <]>> Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. You can apply for the CPF Housing Grant to assist you in the purchase of a resale flat if you are a first-timer. Resale Checklist for Buyers The Resale Checklist highlights the important policies and procedures that you should take note of before buying a resale flat. 1. Once you have found a flat you like and made sure you could finance the purchase, you must submit the Resale Checklist for Buyers to the HDB. How to submit the Resale Checklist. Resale Checklist for Buyers 3 Resale Checklist for Buyers Resale flat buyers who do not engage the services of housing agent may make use of the Resale Checklist prepared by the HDB for planning their DIY resale transaction. In return, you will pay the Option Fee (of up to S$1,000). 0000050264 00000 n Take note of the HDB resale prices in the locations that you're interested in, and don't forget to get down to using the HDB Loan Calculator to double check your financing abilities! 0000003596 00000 n 0000002753 00000 n Housing & Development Board About Us. 0000014073 00000 n Sellers are advised to go through the Resale Checklist before granting the Option to Purchase to prospective buyers. Inspect the Flat. Before you jump head first and go for viewings, please make sure you're eligible to buy the HDB Resale flat under the HDB Eligiblity Schemes, even though it's sold by a private owner. Checklist for resale HDB flat inspection by cfchai // July 16, 2014 // 2 Comments Prior to second HDB appointment, we are supposed to conduct an inspection and confirm the flat is in acceptable condition just before we collect the key. The HDB Resale Portal has facilitated about 2,000 successful resale applications in shorter transaction time since its launch in January. Following that, you’ll get another SMS to arrange the HDB Resale Completion Appointment. 0000017859 00000 n startxref Buyers need to have a valid HLE letter, before sellers can grant the Option to Purchase. To be safe, I’ve found the defect checklist online which I find it quite comprehensive but I’ve made some changes to it. Update your residential address with the Immigration & Checkpoints Authority; Set up your utilities account with Singapore Power; Apply for Season Parking; Find out about your property tax obligations from the Inland Revenue Authority of Singapore; Know the flat renovation guidelines Make sure that the flat is vacant and the physical condition is acceptable before you take possession of the resale flat. 0000010357 00000 n More housing grants for HDB resale flats (in addition to EHG) With the new Enhanced CPF Housing Grant (EHG), the maximum grant amount that first-time BTO flat buyers can receive is $80,000. The checklist is to be submitted to HDB online via our Resale Checklist for Sellers/ Buyers e-Service at least 7 days before granting the OTP to the flat buyer. Step 2: Starting The Intent To Buy A HDB Resale Flat Image source: My Nice Home If you’re sure that you want to buy a resale flat, there’s one thing you need to do first — register your Intent to Buy on the HDB Resale Portal.. You just have to login using SingPass and fill in some information on the HDB Resale Portal to prove that you’re serious about buying a resale flat. The Resale Checklist is for housing agents to ensure that buyers/sellers are aware of the important HDB purchase/sale and financing policies when buying/selling an HDB flat. 0000034285 00000 n 0000034507 00000 n Submit your resale checklist: HERE Resale checklist: Questions to ask when you’re house-viewing in Singapore. 0000012316 00000 n This must be done at least 7 days before you can grant the Option to Purchase (OTP). 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