Documents and Checklists

If you would like to sell your HDB commercial unit, here are some documents and guidelines you can refer to.

Criteria for application

• You must be 21 years and above at the date of application
• If you or the buyers are undischarged bankrupts, the consent of the Official Assignee is needed for the resale
• Applicants need to read through the Terms and Conditions (PDF, 140KB)
• A person* will not be allowed to concurrently own :

(a) an HDB flat (subsidised** or non-subsidised) within Minimum Occupation Period (“MOP”) plus any HDB shop with Living Quarters (“LQ”).

(b) a subsidised HDB flat within MOP plus more than one HDB shop (without LQ).

*Person also refers to a company owned by individual(s) who is/are listed as an applicant(s)/owner(s) or occupier(s) in a subsidised or non-subsidised HDB flat (which has not met the MOP).

** Subsidised flat, generally refers to the purchase of a flat from HDB, a resale flat with the CPF Housing Grant or an Executive Condominium (EC) unit from property developers (with or without the CPF Housing Grant).

• For HDB shop with Living Quarters (LQ), the LQ component may be counted as a residential property for Additional Buyer’s Stamp Duty (ABSD) purposes. For ABSD and other tax enquiries e.g. Seller’s Stamp Duty, Buyer’s Stamp Duty and GST, please visit IRAS' website for more details. For any other matters under other relevant authorities, please also check with them directly

Supporting documents

• Photocopies of buyers' NRIC
• Latest business registration record from the Accounting & Corporate Regulatory Authority
• Company's resolution (For ‘Pte.’, ‘Ltd.’, ‘Co.’)
• Letter of Authorisation/ Power of Attorney (for Mortgagee Sale)
• Letter of Undertaking for Mortgagee Sale (PDF, 597KB)
• Grant of Probate/ Grant of Letters of Administration (for deceased cases)
• Undertaking for proposed trade as stated in Clause 14 of the Terms and Conditions (PDF, 140KB)
  • Unless the proposed trade is already operating in the premises, it must commence within 2 months from the date of the resale/ transfer completion. If the proposed trade cannot be confirmed or is subject to tenancy, an undertaking signed by all the transferees must be submitted. The undertaking should state that the transferees will operate a service/ retail trade approved by us within 2 months after completion of the resale/ transfer

Administrative fees

The following table lists the total fees payable based on the type of application and the options that are chosen: