We refer to our emails of 2 May and 29 June 2012 on the implementation of the downloadable HDB standard Option to Purchase (OTP) in the HDB InfoWEB.

 

From 1 August 2012, we will fully implement the downloadable OTP. Buyers and sellers who have entered into a contract using the hardcopy pre-printed OTP form must submit their resale applications by 31 July 2012 and leave 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. 

 

We would appreciate your assistance to disseminate this information to your salespersons. Thank you.