Buying a Resale Flat
This an overview of the resale flat transaction process.
As a salesperson, you need to guide the buyers through the policies and procedures for a smooth resale transaction.
The Council for Estate Agencies (CEA) has a Prescribed Estate Agency Agreement for the sale, purchase, and lease of residential property.
- This agreement is a contract between you and the buyers, and it seeks to protect both parties’ interests. The terms and conditions of the agreement, such as commission payable, can be negotiated between both parties
- You should explain the Agreement to the buyers fully, and give them enough time to read it thoroughly. Essential information that should be included in the Agreement are the property address, price, dates, names, and commission payable
- If there are any amendments made to the contract, make sure the buyers countersign them. You should also give them a copy of the Agreement which they have signed
EligibilityThe buyers must qualify under an eligibility scheme in order to buy an HDB resale flat. Check here for our eligibility schemes and other related information.Find out more
Resale StatisticsReview these resale statistics to get a better feel of the market conditions and help the buyers decide on the price to offer for a resale flat.Find out more
HDB Map ServicesUse our Map Services to obtain details such as lease dates, resale prices, and more.Find out more
FinanceLearn about the financial considerations, planning, and guidelines for buying an HDB resale flat.Find out more
CPF Housing Grants and Contra Facility
We have in place CPF Housing Grants and the Enhanced Contra Facility to help buyers finance their resale flat purchase.Find out more
Buying ProcessHere are the main stages of the buying process that you and the buyers need to take note of.Find out more
Policies and UpdatesThese are the latest enhancements to our policies and processes. Check to see if they impact the buyer.Find out more