With the streamlined resale process, buyers and sellers are required to attend only 1 resale appointment at HDB#, i.e. resale completion. The resale completion is about 8 weeks from the date of HDB's acceptance of the resale application. We will notify you via SMS on the actual date and time of your resale completion once it is scheduled. You can also check the appointment details from the HDB Resale Portal.
#If you have engaged private solicitors, your solicitor representative can attend the resale completion appointment on your behalf.
If you are unable to attend the Resale Completion
If you are unable to attend the resale completion personally, e.g. you are overseas, you can prepare a Power of Attorney to appoint another person to act on your behalf and attend the resale completion. Certified true copies of the Power of Attorney have to be submitted to HDB before the appointment.
Change of Resale Completion date
The sellers and you may request for a later Resale Completion date by writing in to email@example.com
Temporary Extension of Stay
Sellers are required to move out of the flat by the resale completion date. If they have committed to buy a completed property in Singapore and need more time to move out, they can arrange with you for a temporary extension of stay in the flat of up to 3 months after the resale completion.
If you are agreeable with the arrangement, the request for the extension of stay has to be submitted with the resale application. The extension of stay will take effect from the day you take over the flat as the new owners.
Conditions for flat buyers
As legal owners of the flat, you must pay for costs and expenses relating to its ownership from the resale completion date, including the period of extension of stay by the sellers. These payments include (the list is not exhaustive):
- Monthly instalment for housing loan
- Service & Conservancy Charges (without rebates during the extension period)
- Property tax (at non-owner-occupied rates during the extension period)
Since you are not staying in the flat for the time being, the start point for the computation of the Minimum Occupation Period (MOP) will be set back by the period of the temporary extension of stay.
Read more on temporary extension of stay.