• Published Date: 29 Jun 2012

     
    We refer to our email of 2 May 2012 on the availability of the HDB standard Option to Purchase (OTP) form in the HDB InfoWEB for download. 
     
    2 We are pleased to inform you that since the implementation of this initiative, we have received positive responses from the public as well as salespersons. Mostly, they welcomed the added convenience. As informed earlier, HDB will stop issuing the hardcopy pre-printed OTP form at the HDB offices from 1 July 2012. Salespersons can download the OTP form from the HDB InfoWEB. 
     
    3 Buyers and sellers who have entered into a contract using the pre-printed OTP form can still submit their resale application until 31 July 2012 by leaving the Serial Number field blank. From 1 August 2012, HDB will only accept resale applications for transactions entered into using the downloaded OTP form. Salespersons will need to provide the Serial Number of the OTP form when submitting the application on behalf of their clients. 
     
    4 We would appreciate it if you could disseminate this information to your salespersons. Thank you.