The Resale Checklist provides a list of HDB's policies and procedures that buyers should be aware of before they proceed to buy a resale flat. What to Put on a Your HDB Buyer Checklist 0 %PDF-1.6 %���� 0000034285 00000 n 0000000016 00000 n By. 0000034507 00000 n Welcome to the HDB Resale Portal. Also, remember to get ready your HDB resale checklist! 0000001292 00000 n 0000020098 00000 n 0000033805 00000 n 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. Click here to get more information on the submission process. 0000050752 00000 n Make sure you check everything, else once the renovation starts, it will be hard to get HDB to do any rectification. You HAVE to complete and submit the resale checklist before proceeding to exercise the option. 0000003561 00000 n The HDB Resale Portal has facilitated about 2,000 successful resale applications in shorter transaction time since its launch in January. Buyers. 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. Housing & Development Board About Us. The checklist must be completed and submitted online via the Resale Checklist for Sellers/Buyers e-Service to the HDB … HDB has introduced a Resale Checklist for housing agents to ensure that buyers/sellers are aware of the relevant and important HDB purchase/sale and financing policies when buying/selling an HDB flat. 82 0 obj <> endobj Completing the process has never been easier. Make sure that the flat is vacant and the physical condition is acceptable before you take possession of the resale flat. 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. endstream endobj 128 0 obj<>/Size 82/Type/XRef>>stream 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. While BTO flats are only reserved for Singaporeans, PRs can buy resale HDB flats (see the full requirements for PRs here). 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 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. Whether you are buying, selling, or already living in an HDB flat, everything you need to know about residential properties is housed here. Buyers need to complete the 'Intent to Buy' in the HDB Resale Portal. Whether you’re buying a resale HDB flat or a condo in Singapore, viewing the property is probably one of the most exciting parts of finding your dream home. 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! We develop public housing to provide Singaporeans with affordable, quality homes, and a better living environment. 0000001717 00000 n Title: ���|�j��� ����3w1 Fi� v 7Í£ j�dFGn�GH�F!×°k`e��K�v�Wm[aF��� ���J 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. 0000002753 00000 n How to submit the Resale Checklist. After this, the seller will grant you an Option To Purchase (OTP), valid for 21 days. 0000023010 00000 n 0000010804 00000 n startxref Buyers need to have a valid HLE letter, before sellers can grant the Option to Purchase. 0000020043 00000 n There are 8 Eligibility Schemes. More than homes, our HDB towns are vibrant places to enjoy to the fullest. 0000010010 00000 n Beatrice Tan - July 10, 2020. x�bbbd`b``ń1@� �: � Transact with us at your convenience. 0000010357 00000 n Check your eligibility for HDB resale flats. 0000003596 00000 n 0000034746 00000 n 4. 0000012199 00000 n kopitiam or shopping centre)? 0000002902 00000 n 129 0 obj<>stream 0000002305 00000 n Is it near (insert important amenities or facilities eg. You can use our search to look for another related webpage.If you have further enquiries, you can contact us through these channels. 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. Get the information you need for any business involving HDB homes, properties, commercial spaces, or land under our management. 0000002148 00000 n Checklist. 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 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. 0000014073 00000 n Step 12: Invite Buyer to Inspect the Unit. 0000050464 00000 n You can do so here. We would appreciate it if you could disseminate the following information on implementation of ‘Electronic Resale Checklist’ to your salespersons. #6. Resale transacted prices within 200 metres from any HDB Block or DBSS Site/Project; Resale transacted prices for all flat types in each block; All other related information to the block (EIP/SPR Quota, Upgrading Programmes and Distance Enquiry for CPF Housing Grant) The data is based on registered resale applications and is updated daily. HDB provides mortgage loan and various financial schemes to help you in buying a flat: Housing Loans From HDB 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 HDB has introduced a Resale Checklist for housing agents to ensure that buyers/sellers are aware of the relevant and important HDB purchase/sale and financing policies when buying/selling an HDB flat. Moving in to your flat? Prospective buyers are advised to go through the Resale Checklist before exercising the Option to Purchase. 0000034057 00000 n 0000019988 00000 n 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. 0000012316 00000 n 0000011724 00000 n This must be done at least 7 days before you can grant the Option to Purchase (OTP). This is a document from the HDB to make sure that you are aware of all policies prior to your purchase of the resale flat. To ease the stress, create a clear, comprehensive checklist of what you need to accomplish with your new home. The Housing & Development Board (HDB) is Singapore's public housing authority and a statutory board under the Ministry of National Development. Sellers are advised to go through the Resale Checklist before granting the Option to Purchase to prospective buyers. PRs can buy resale HDB flats. HDB Resale checklist for first-time buyers. How To Choose Your HDB Resale Flat Questions to Ask Yourself Personal Remarks and Observations; Location and Accessibility: Is it REALLY within walking distance of the nearest shopping mall or MRT station? 0000022768 00000 n 1. Step 1: The Planning to Buy a HDB resale flat 1.1 Eligibility to buy a HDB resale flat. Important Notes 0000042976 00000 n The page you are looking for may have been moved or no longer exists. a) It takes effect for Resale Applications received by HDB on or after 1 May 2008. Start searching for your ideal home now! 1. Resale Checklist for Buyers The Resale Checklist highlights the important policies and procedures that you should take note of before buying a resale flat. Resale checklist: Questions to ask when you’re house-viewing in Singapore. This step actually takes place in between the approval letter and the HDB Resale Completion Appointment. You wouldn't want to end up with a monthly instalment that you can't handle. Sellers need to complete Intent to Sell at least 7 days before granting an Option to Purchase. 0000002715 00000 n There is so much in place for you to bond with your neighbours and create an active and cohesive community. 0000012462 00000 n 0000008510 00000 n In return, you will pay the Option Fee (of up to S$1,000). 0000034976 00000 n 82 48 © document.write((new Date()).getFullYear()); Housing & Development Board. Before you jump head first and go for viewings, please make sure you're eligible to buy the HDB Resale flat under the HDB Eligiblity Schemes, even though it's sold by a private owner. 0000003052 00000 n Inspect the Flat. �5~�����J*Y>?�Ez^�]u�uv�ə�"j�[z�~{ejpN-B���ۗ��Z����07�PF����LUL���!w��������z������$�\G7�P��� u�����B�����?o���T��ѧ�__{����jL����@�M\��xb Below are key items that you should include into your new HDB homeowner’s checklist. Resale Checklist for Buyers; MORTGAGE LOAN & CPF FINANCING . You can find out more about the types of HDB car parks, important car park information, and parking offences. To be safe, I’ve found the defect checklist online which I find it quite comprehensive but I’ve made some changes to it. 0000011308 00000 n Following that, you’ll get another SMS to arrange the HDB Resale Completion Appointment. For sellers who have engaged the services of a salesperson. The first thing you need to check is whether you’re eligible to buy a resale flat in the first place. ... HDB Community Week 2019 0000019932 00000 n trailer If you have engaged the services of a salesperson, your salesperson is required to go through and complete the checklist with all sellers. Resale HDB flats have several advantages over BTO flats.. You won’t have to wait 3-5 years, for one. Refer to this checklist to complete these important things. #7. xref Focusing on nurturing a strong family and community spirit, public housing policies and schemes are formulated to meet changing needs and aspirations. 0000001853 00000 n Submit your resale checklist: HERE You can submit an application, submit an online enquiry, or make an appointment with us. %%EOF 0000016028 00000 n Once you have done the resale checklist you can then proceed to exercising the OTP. 0000042544 00000 n 0000042780 00000 n 0000050264 00000 n endstream endobj 83 0 obj<. 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 … 0000006984 00000 n Here’s the HDB defect checklist (3 pages) which you can download HERE for FREE. 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. 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. The Resale Checklist highlights key policies and procedures that you must note before selling your 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. You need to ensure that the sellers remove any unauthorised renovation works found in the resale flat before completion of the resale transaction. 0000005318 00000 n 0000049986 00000 n 0000017859 00000 n 0000001548 00000 n 0000050795 00000 n Where is the nearest bus stop or MRT station? 0000003204 00000 n As a new HDB flat homeowner, you should be celebrating this turning point and not stressing yourself out. The latest HDB Apartments for sale in Singapore. Plus, older flats tend to be a lot more spacious.. And with the generous HDB grants subsidizing the higher costs, buying a resale HDB flat is a very appealing option for the eligible homeowner. How to complete and submit the Resale Checklist To complete and submit the checklist, follow the steps below: <]>> Download here for FREE, properties, commercial spaces, or make an Appointment us! 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