Once buyers have expressed their interest to buy an HDB resale flat, you will need to check if they are eligible to do so.
Guide your buyers to register an Intent to Buy via the HDB Resale Portal. Upon registering, buyers can view their eligibility to buy a resale flat, the housing grants they are eligible for, and whether they are eligible for an HDB concessionary housing loan.
Next, keep your buyers informed of the Ethnic Integration Policy (EIP) and Singapore Permanent Resident (SPR) Quota. The limits should be checked before:
- Sellers grant the Option to Purchase
- Buyers exercise the OTP
- Submitting the resale application
The EIP and SPR quota requirements have to be met on the date of the resale application, which is the date when both buyers and sellers have submitted their respective portion of the application.
Read on to find out more information on:
- Eligibility schemes available and their specific eligibility condition
- Ethnic Integration Policy (EIP) and/ or Singapore Permanent Resident (SPR) Quota