Notes to Buyers:
1. Buyers must register their Intent to Buy before the sellers grant them the Option to Purchase.
2.Buyers who are eligible for and intend to obtain a housing loan from HDB must have a valid HDB Loan Eligibility Letter when the sellers grant them the Option to Purchase. It is advisable that they obtain the HDB Loan Eligibility Letter even before they look for a flat. The HDB Loan Eligibility Letter is valid for 6 months from the date of issue and must remain valid when the buyers submit the resale application.
3.Buyers who are getting a bank loan must ensure that the date of issue of the bank’s Letter of Offer is before the date of Acceptance/Exercise. Buyers who are not taking any loans are not required to obtain the HDB Loan Eligibility Letter or Letter of Offer but will have to indicate that they are financing the flat purchase fully with their CPF savings and/or cash when they submit their resale application to HDB.
1. Buyers must register their Intent to Buy before the sellers grant them the Option to Purchase.
2.Buyers who are eligible for and intend to obtain a housing loan from HDB must have a valid HDB Loan Eligibility Letter when the sellers grant them the Option to Purchase. It is advisable that they obtain the HDB Loan Eligibility Letter even before they look for a flat. The HDB Loan Eligibility Letter is valid for 6 months from the date of issue and must remain valid when the buyers submit the resale application.
3.Buyers who are getting a bank loan must ensure that the date of issue of the bank’s Letter of Offer is before the date of Acceptance/Exercise. Buyers who are not taking any loans are not required to obtain the HDB Loan Eligibility Letter or Letter of Offer but will have to indicate that they are financing the flat purchase fully with their CPF savings and/or cash when they submit their resale application to HDB.
Various Standard Fees:
Valuation - $120 inclusive of GST (payable by Buyers)
Resale Application - $40 (1/2-room flats) or $80 (3-room and bigger flats) inclusive of GST (payable by Buyers & Sellers)
For details on Seller's Sale Procedure, click here.
For details on Buyer's Purchase Procedure, click here.
For details on Buyer's Purchase Procedure, click here.