From 1 January 2018, buyers and sellers will enjoy a streamlined resale process with the introduction of the new HDB Resale Portal. Buyers and sellers can login to the HDB Resale Portal with their Singpass to start their respective resale journeys. Through the portal, buyers will be guided on their buying journey, and get to track the progress of their transactions.
Here is an overview of the streamlined resale process, which takes approximately 8 weeks to complete from the date of HDB’s acceptance of the resale application:
Buyers begin their buying journey by registering an Intent to Buy via the HDB Resale Portal. Upon registering, buyers will be able to view their eligibility to buy the flat, the housing grants they are eligible for, and whether they are eligible for an HDB concessionary housing loan.
The Intent to Buy has to be registered personally by the buyers using their Singpass. Nonetheless, as a salesperson, you can help guide your clients through the process.
Find out more about the Intent to Buy here
If your buyers are ready to start their journey to buy a resale flat, click here to access the HDB Resale Portal and guide them in registering an Intent to Buy.
To assist your buyers in the planning and preparation for the flat purchase, you may also wish to read up on the following information: