Consent to Mortgage and Application for Resale/ Transfer

Consent to mortgage

You are free to mortgage your shop to a financial institution if you are an existing owner who purchased the premises from us.

Before you do so, however, please check the terms in the Agreement for Lease, Lease, Memorandum of Lease, and any other relevant documents.

You do not need an endorsement of our consent to the mortgage documents.

Application for resale/ transfer

You can apply for the resale/ transfer of HDB sold-shop premises via GoBusiness Licensing. For units in HDB shopping and office complexes, please approach the respective Managing Agents.

We will let you know the outcome of your application within 2 weeks from the submission of all requisite documents, where applicable.