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, sellers will be guided on their selling 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:
Sellers begin their buying journey by registering an Intent to Sell via the HDB Resale Portal. Upon registering, sellers will be able to view their eligibility to sell, the EIP/SPR quota for the flat, the status of upgrading, billing status of upgrading costs, as well as recent transacted prices of flats nearby.
The Intent to Sell has to be registered personally by the sellers using their Singpass. Nonetheless, as a salesperson, you can guide your clients through the process.
Find out more about the Intent to Sell here.
If your sellers are ready to start their journey to sell their flat, click here to access the HDB Resale Portal and guide them in registering an Intent to Sell.
To assist your sellers in your planning and preparation for the sale of their flat, you may also wish to read up on the following information:
Use our HDB Map Services to obtain details such as lease dates, resale prices, and more.
Check these Resale Statistics to get a better idea of the HDB resale market conditions and make a more informed decision.