
<p>We will prepare the necessary documents for you and the sellers to endorse, which will be ready about 3 weeks after the application have been accepted.</p>
<p>Once the documents are ready, they will be posted on <a href="https://services2.hdb.gov.sg/web/bp28/TimeLine/my-flat-dashboard" target="_self">My Flat Dashboard</a>, and we will notify you and the sellers via SMS to log in to My Flat Dashboard to endorse the documents.</p>
<p>If you or the sellers do not endorse the documents within the given timeframe, the resale application may be cancelled.</p>
<p>If you appoint HDB as the solicitors for the purchase of the flat, the documents to endorse include:</p>
<table style="width: 100%;">
    <tbody>
        <tr>
            <td style="width: 25%;"><strong>Buyer&rsquo;s financial plan</strong></td>
            <td style="width: 75%;">
            <p>A proposed financial plan based on what you have stated in your resale application.</p>
            <p>If you wish to make changes to the draft financial plan, please revise and endorse the financial plan in My Flat Dashboard.</p>
            </td>
        </tr>
        <tr>
            <td><strong>CPF withdrawal</strong></td>
            <td>
            <p>The CPF withdrawal based on the endorsed financial plan.</p>
            <p>Please ensure that all the buyers have sufficient savings in the CPF Ordinary Accounts for the payment. If there are insufficient funds in the CPF accounts at the point of the deduction, you have to pay any shortfall in cash.</p>
            </td>
        </tr>
        <tr>
            <td><strong>Health declaration for CPF Board&rsquo;s Home Protection Scheme (HPS)</strong></td>
            <td>
            <p>If you are taking an HDB housing loan and/ or using your CPF savings to pay for the flat purchase, you must fill up a Health Declaration form to declare your share of the insurance coverage and health status, for the CPF Board&rsquo;s <a rel="noopener noreferrer" href="https://www.cpf.gov.sg/member/home-ownership/protecting-against-losing-your-home" target="_blank">Home Protection Scheme (HPS)</a>.</p>
            <p>HPS is a mortgage-reducing insurance scheme administered by the CPF Board and will take effect after your housing loan is disbursed. It insures CPF members and their families against losing their home, should the policy holder become permanently incapacitated or pass away before the housing loan is paid up.</p>
            </td>
        </tr>
        <tr>
            <td><strong>Resale documents</strong></td>
            <td>
            <p>You must endorse all the undertakings and forms posted on My Flat Dashboard.</p>
            <p>If you have applied for the Proximity Housing Grant (PHG) (<a href="/buying-a-flat/flat-grant-and-loan-eligibility/couples-and-families/proximity-housing-grant" target="_self">Families</a> or <a href="/buying-a-flat/flat-grant-and-loan-eligibility/singles/proximity-housing-grant" target="_self">Singles</a>), your parents or child will also need to endorse the undertakings on My Flat Dashboard. They will need to log in the dashboard via their Singpass.</p>
            </td>
        </tr>
    </tbody>
</table>
<p>If you appoint your own solicitors for the sale of the flat, the documents that you will endorse may be different from the above.</p>
<h5>Important note:</h5>
<ul>
    <li>The resale documents must be endorsed individually by all the buyers. Read through the documents before endorsing them. The documents are in PDF format and you may save a copy for reference</li>
    <li>You can check the status of the endorsement process via My Flat Dashboard</li>
</ul>

Acknowledge and endorse resale documents


<h5>Legal fees</h5>
<p>The legal fees payable will depend on the solicitors whom you have appointed to act for you.</p>
<p>If you engage HDB to act for you in the purchase, you can <a rel="noopener noreferrer" href="https://services2.hdb.gov.sg/webapp/BB14LFEESENQ/BB14PHomePage.jsp" target="_blank">obtain an estimate of the HDB legal fees payable</a>. </p>
<p><span class="Body-Bold">HDB is acting in the purchase</span></p>
<table style="width: 100%;">
    <thead>
        <tr>
            <th style="width: 20%;">Type of Fee</th>
            <th style="width: 80%;">Amount</th>
        </tr>
    </thead>
    <tbody>
        <tr>
            <td>
            <p><strong>Legal fees</strong></p>
            <p>To HDB</p>
            <p>(Subject to GST)</p>
            </td>
            <td>
            <p><strong>For transfer of flat ownership to the buyers</strong></p>
            <p>(Based on the resale price and subject to a minimum fee of $21.80 (inclusive of GST); fee is rounded up to the nearest dollar)</p>
            <ul>
                <li>First $30,000: 13.50 cents per $100 or part thereof</li>
                <li>Next $30,000: 10.80 cents per $100 or part thereof</li>
                <li>Remainder: 9 cents per $100 or part thereof</li>
            </ul>
            <p><strong>For mortgage if the buyers are taking an HDB housing loan</strong></p>
            <p>(Based on loan amount and subject to a minimum mortgagee fee of $21.80 (inclusive of GST) for 1- and 2-room flats and $43.60 (inclusive of GST) for 3-room and bigger flats, and a minimum mortgagor&rsquo;s fee of $21.80 (inclusive of GST); fee is rounded up to the nearest dollar)</p>
            <ul>
                <li>First $30,000: 13.50 cents per $100 or part thereof</li>
                <li>Next $30,000: 10.80 cents per $100 or part thereof</li>
                <li>Remainder: 9 cents per $100 or part thereof</li>
            </ul>
            <p>If HDB is acting for you in the mortgage of the flat to HDB:</p>
            <ul>
                <li>Minimum mortgagor's fee: $21.80 (inclusive of GST) (for all flat types); and</li>
                <li>Minimum mortgagee's fee: $21.80 (inclusive of GST) (for 1- and 2-room flats) and $43.60 (inclusive of GST) (for 3-room and bigger flats)</li>
            </ul>
            </td>
        </tr>
        <tr>
        </tr>
        <tr>
            <td>
            <p><strong>Registration and microfilming</strong></p>
            <p>To Singapore Land Authority (SLA)</p>
            </td>
            <td>
            <ul>
                <li>Title Search Fee: $32</li>
                <li>Registration fee for Transfer: $38.30</li>
                <li>Registration fee for Mortgage (if the buyers are taking an HDB housing loan): $38.30</li>
                <li>Buyer&rsquo;s caveat: $64.45</li>
                <li>Mortgagee&rsquo;s caveat (if the buyers are taking an HDB housing loan): $64.45</li>
            </ul>
            </td>
        </tr>
        <tr>
            <td>
            <p><strong>Miscellaneous fees</strong></p>
            <p>To HDB</p>
            <p>(Inclusive of GST)</p>
            </td>
            <td>$16.35</td>
        </tr>
    </tbody>
</table>
<p><span class="Body-Bold">Private solicitors are acting in the purchase</span></p>
<table style="width: 100%;">
    <thead>
        <tr>
            <th style="width: 20%;">Type of Fee</th>
            <th style="width: 80%;">Amount</th>
        </tr>
    </thead>
    <tbody>
        <tr>
            <td>
            <p><strong>Legal fees</strong></p>
            <p>To HDB</p>
            <p>(Subject to GST)</p>
            </td>
            <td>
            <p><strong>For mortgage if the buyers are taking an HDB housing loan</strong></p>
            <p>(Based on loan amount and subject to a minimum fee of $21.80 (inclusive of GST) for 1- and 2-room flats and $43.60 (inclusive of GST) for other flat types; fee is rounded up to the nearest dollar)</p>
            <ul>
                <li>First $30,000: 13.50 cents per $100 or part thereof</li>
                <li>Next $30,000: 10.80 cents per $100 or part thereof</li>
                <li>Remainder: 9 cents per $100 or part thereof</li>
            </ul>
            </td>
        </tr>
        <tr>
            <td>
            <p><strong>Registration and microfilming</strong></p>
            <p><span>To SLA</span></p>
            </td>
            <td>
            <ul>
                <li>Title Search Fee: $32</li>
                <li>Registration fee for Transfer: $38.30</li>
                <li>Registration fee for Mortgage (if the buyers are taking an HDB housing loan): $38.30</li>
                <li>Buyer&rsquo;s caveat: $64.45</li>
                <li>Mortgagee&rsquo;s caveat (if the buyers are taking an HDB housing loan): $64.45</li>
            </ul>
            </td>
        </tr>
        <tr>
            <td>
            <p><strong>Miscellaneous fees</strong></p>
            <p>(Inclusive of GST)</p>
            </td>
            <td>$5.45</td>
        </tr>
    </tbody>
</table>
<p><span class="Body-Bold">Payment</span></p>
<p>After endorsing the documents, you must pay the legal fees by the deadline given by HDB:</p>
<table style="width: 100%;">
    <thead>
        <tr>
            <th style="width: 20%;">Payment Modes</th>
            <th style="width: 80%;">Details</th>
        </tr>
    </thead>
    <tbody>
        <tr>
            <td>Credit Card</td>
            <td>Visa or Mastercard</td>
        </tr>
        <tr>
            <td>
            <p>NETS (using AXS)</p>
            <p>For payments less than $9,999</p>
            </td>
            <td>
            <p>Please ensure that your NETS daily withdrawal limit is sufficient to make the payment</p>
            </td>
        </tr>
        <tr>
            <td>PayNow<br />
            </td>
            <td>For supported banks</td>
        </tr>
        <tr>
            <td>CPF savings</td>
            <td>Only applicable for legal fees</td>
        </tr>
    </tbody>
</table>
<h5>Stamp duty</h5>
<p>The stamp duty is payable by CPF savings. If you wish to use cash instead of your CPF savings, please <a rel="noopener noreferrer" href="https://www.hdb.gov.sg/write-to-us" target="_blank">write to us</a> with your request after your resale application is accepted. If you do not have enough CPF savings to pay the stamp duty in full, or you are not taking any housing loan but engaging HDB to act for you in the purchase, you must pay the stamp fees during your resale completion appointment by cashier's order and/ or NETS.</p>
<table style="width: 100%;">
    <tbody>
        <tr>
            <td style="width: 20%;">
            <p><strong>Stamp duty</strong></p>
            <p>To Commissioner of Stamp Duties, <a rel="noopener noreferrer" href="https://www.iras.gov.sg/" target="_blank">Inland Revenue Authority of Singapore (IRAS)</a></p>
            <p>You can use IRAS' <a rel="noopener noreferrer" href="https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDCalculatorIntro" target="_blank">Stamp Duty Calculator</a> to compute the stamp duty payable.</p>
            </td>
            <td style="width: 80%;">
            <p><strong>For Option to Purchase</strong></p>
            <p>(Based on selling price or market valuation, whichever is higher) </p>
            <ul>
                <li>First $180,000: 1%</li>
                <li>Next $180,000: 2%</li>
                <li>Next $640,000: 3%</li>
                <li>Next $500,000: 4%</li>
                <li>Remaining Amount: 5%</li>
            </ul>
            <p><strong>For mortgage</strong></p>
            <p>(Based on loan amount)</p>
            <ul>
                <li>0.40% of the loan granted, subject to a maximum of $500</li>
            </ul>
            <p><strong>Note:</strong> The stamp duty will be collected by the solicitor who is acting for purchaser or mortgagor.</p>
            </td>
        </tr>
    </tbody>
</table>
<p><strong>Note:</strong> Singapore Permanent Resident (SPR) households buying their first HDB resale flat must pay the Additional Buyer's Stamp Duty (ABSD), on top of the Buyer's Stamp Duty, during your resale completion appointment. For more information on the ABSD, please visit <a rel="noopener noreferrer" href="https://www.iras.gov.sg/taxes/stamp-duty/for-property/buying-or-acquiring-property/additional-buyer's-stamp-duty-(absd)" target="_blank">IRAS&rsquo;s website</a>.</p>
<h5>Initial payment</h5>
<p>You must make the initial payment of the purchase price after you have endorsed the resale documents, by the deadline given by HDB, if you are taking a housing loan from HDB or financial institution (FI). The amount is based on the lower of the resale price or value, as well as the type of housing loan you may be taking. The balance purchase price must be paid on or before your <a href="/buying-a-flat/resale-flats/process-for-buying-a-resale-flat/resale-flat-completion" target="_self">resale completion</a>&nbsp;appointment.</p>
<p>For those who are taking a housing loan from an FI, the private solicitors acting in the purchase will arrange for you to make the initial payment.</p>
<table style="width: 100%;">
    <thead>
        <tr>
            <th rowspan="2" style="width: 17%;"></th>
            <th rowspan="2" style="width: 27%;">Housing Loan from HDB</th>
            <th colspan="2">Housing Loan from Financial Institution</th>
        </tr>
        <tr>
            <th style="width: 28%;">Loan-To-Value Limit of 75%</th>
            <th style="width: 28%;">Loan-To-Value Limit of 55%</th>
        </tr>
    </thead>
    <tbody>
        <tr>
            <td><strong>Initial Payment</strong></td>
            <td>25% of the lower of resale price or value of the flat^</td>
            <td>25% of the lower of resale price or value of the flat</td>
            <td>45% of the lower of resale price or value of the flat</td>
        </tr>
        <tr>
            <td><strong>Mode of Payment</strong></td>
            <td>25% using cash and/ or CPF Ordinary Account savings (including CPF housing grants if eligible)</td>
            <td>
            <ul>
                <li>Minimum cash payment of 5% of the lower of resale price or value of flat</li>
                <li>Remaining 20% using cash and/ or CPF Ordinary Account savings (including CPF housing grants if eligible)</li>
            </ul>
            </td>
            <td>
            <ul>
                <li>Minimum cash payment of 10% of the lower of resale price or value of flat</li>
                <li>Remaining 35% using cash and/ or CPF Ordinary Account savings (including CPF housing grants if eligible)</li>
            </ul>
            </td>
        </tr>
        <tr>
            <td><strong>When to Pay</strong></td>
            <td>Online CPF withdrawal after you have confirmed the financial plan via <a rel="noopener noreferrer" href="https://services2.hdb.gov.sg/web/bp28/TimeLine/my-flat-dashboard" target="_self">My Flat Dashboard</a></td>
            <td colspan="2">Please check with your solicitors for the payment schedule.</td>
        </tr>
    </tbody>
</table>
<p class="Footnote">^ For complete resale applications received before 20 August 2024, the LTV limit for HDB housing loan is at 80%, and the initial payment is 20% of the lower of resale price or value of flat.</p>
<p>If you are not taking any housing loan but engaging HDB to act for you in the purchase, you do not need to make initial payment to HDB. However, you need to pay the applicable legal fees, such as the legal fees to HDB, Title Search fee and Buyer&rsquo;s caveat after endorsing the resale documents. You must pay the full purchase price by resale completion, which includes cash on completion and/ or CPF Ordinary Account savings (including CPF housing grants, if eligible) before your resale completion appointment.</p>

Pay legal fees and initial payment


<p>Both parties are advised to endorse the documents and make all payments promptly to avoid any delay or cancellation of the resale application.</p>
<p>We will notify you and the sellers of the approval via SMS and email and post the approval letter on <a rel="noopener noreferrer" href="https://services2.hdb.gov.sg/web/bp28/TimeLine/my-flat-dashboard">My Flat Dashboard</a>.</p>

Approval of resale application 

<p>You may log in to <a rel="noopener noreferrer" href="https://services2.hdb.gov.sg/web/bp28/TimeLine/my-flat-dashboard">My Flat Dashboard</a> to view the completion letter, which provides information on what you need to prepare for the appointment, such as payment of the balance purchase price and any outstanding fees as well as documents required for the appointment.</p>
<p>If you have appointed HDB as solicitors for the purchase of the flat, you must attend the resale completion appointment in person at the HDB Hub.</p>
<p>Find out what you need to prepare before the <a href="/buying-a-flat/resale-flats/process-for-buying-a-resale-flat/resale-flat-completion">resale completion</a>&nbsp;appointment.</p>

Approval of Resale Flat Application for Buyers

Next steps

Resale Flat Completion for Buyers

Conditions After Buying a New Flat