We sell your home at
better prices
record speed
only 1% commission

65% of HDBs and condos sold in a month.

The top 1% of agents in Singapore to help you find your home

That’s why we sold HDBs and condos above market price.

 
 
Maximize the sale of your home

Get expert advice with 1% commission, more profit.

No fees until we sell your home*
*Terms & Condition apply.

Selling and Buying a Resale Flat Using the HDB Resale Portal

Ohmyhome

Follow us on

Join our Telegram channel and follow our Facebook page for the latest property updates.

Written by: Benjienen Toledo

The Housing & Development Board (HDB) has released an announcement that from 1 January 2018, resale flat buyers and sellers must log in to the HDB Resale Portal using their SingPass to start their buying or selling journey.

Contents:

What does the new HDB Resale Portal mean for HDB sellers and buyers?

  1. The Intent to Sell / Buy replace the Resale Checklist, which was used prior to 1st January 2018.
  2. There is no more 1st and 2nd HDB Appointment. There is only one HDB Appointment which is the completion date.
  3. The Seller is now required to handover the key to the Buyer on the appointment date, which is eight (8) weeks from the date of HDB’s Acceptance of the Resale Application.

Here is an overview of the streamlined resale process:

  1. Seller registers an Intent to Sell in the HDB Resale Portal
  2. Seller starts marketing for his/ her HDB either through DIY or by engaging an estate agent
  3. Once the Seller has found a Buyer, the Buyer registers an Intent to Buy in the HDB Resale Portal
  4. Seller Grants Option to Purchase (OTP) to the Buyer
  5. Buyer gives the option fee on the Option Date
  6. The Option Period is 21 days; the Buyer exercises the OTP within that period
  7. Both Seller and Buyer will submit a Resale Application within the timeframe they have agreed
  8. The Buyer and Seller will be notified via SMS or E-mail when the HDB’s Approval Letter is posted in the portal
  9. HDB Appointment happens after 8 weeks from the date of HDB’s Acceptance of the resale application if the necessary documents are submitted accurately and promptly. This appointment is considered the Completion Date; the Seller is required to handover the key on the appointment date.

Check: What the new HDB Changes Mean to You

Ohmyhome One HDB Appointment New HDB Resale Portal

How Long is the Validity of the Intent to Sell?

The Intent to Sell is valid for 12 months. You will need to re-apply an Intent to Sell if you do not submit your resale application within 12 months.

The results generated from the Intent to Sell are based on the information provided. It offers an indication of your eligibility and does not constitute approval by HDB. Your eligibility to sell a flat will be determined when you submit the resale application subsequently.
Please ensure that your details are accurate when registering your Intent. Your resale application will be rejected if the details submitted is different from those indicated in your Intent to Sell.
After completing the Intent to Sell, the HDB resale portal will direct you to download the OTP and to compute your estimated sale proceeds.


What are the Benefits of HDB Resale Portal?

The HDB Resale Portal can provide verification checks; thus, buying and selling an HDB resale flat will be easier and faster.
Upon registration, the Sellers/ Buyers will be able to receive instantaneous assessment on the following:

  1. Your eligibility to sell/ buy
  2. The Ethnic Integration Policy/ Singapore Permanent Resident (EIP/ SPR) Quota
  3. Status of upgrading
  4. Billing of upgrading costs; and
  5. Recent transacted prices of nearby flats

With these changes and the introduction of the new HDB Resale Portal, buyers and sellers will enjoy a streamlined resale process. Through the portal, you will be guided on your HBD buying and selling journey and get to track the progress of your transactions.

Log-in to the HDB Resale Portal with your SingPass to start your resale journey.


Sell your home fast and at the best price!

Sell your home for a high price in no time, hassle-free. Starting at 1% + GST of selling price. Our Super Agents are CEA-certified and among the Top 1% in Singapore. With more than 8,000 happy customers served, we’ve garnered 4-star ratings on both Facebook and Google! We go in-depth about what you can expect when you engage an Ohmyhome HDB Seller Agent.

Call us at 6886 9009 to secure an appointment with any of our Super Agents or message us in the chatbox at the bottom, right-hand corner of the screen. You can also WhatsApp us at 9727 5270!


While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Ohmyhome is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.

Follow us on

Join our Telegram channel and follow our Facebook page for the latest property updates.

Subscribe to the property newsletter read by 200,000 homies
Get our finest insights sent straight to your inbox. Enter your best email.
Unsubscribe anytime.

Consult an expert for free!

Send us your details and we’ll be in touch within 15 min (daily 9am to 9pm GMT +8).

Our finest insights you'll be looking forward to receive.

Read by 200,000 Homies. Enter your best email below to join in.

Unsubscribe anytime.

SHARE WITH YOUR FRIENDS!

Related Blogs

Highlighting unique property views for every Singaporean