Residential
After exercising the Option to Purchase (OTP), buyers and sellers must submit their respective portions of the resale application, together with the necessary documents, to HDB via the HDB Resale Portal. Salespersons can use the Estate Agent Toolkit or e-Resale to submit resale applications on behalf of their clients.
Upon receipt of the resale application and supporting documents, HDB will verify the information provided and assess the eligibility of the buyer and the seller. You and the buyer should ensure that both of you meet all the eligibility conditions and resale requirements when submitting your resale application. If the application is in order, HDB will notify you and the buyer of our acceptance of the application via SMS/ email. On average, it will take about 8 weeks from the date of HDB’s acceptance of the resale application, to process the application.
More details on the submission of your resale application is given below.
You and the buyer (or the salesperson) can proceed to submit the resale application after you have exercised the OTP. There are 2 important time-specific requirements to observe when submitting your resale application:
(i) Submission by the second party within 7 calendar days
Either you or the buyer can submit your portion of the resale application first. After the first portion is submitted, the second party must submit his portion within 7 calendar days. If this is not done, the application will lapse, and both parties will have to restart the application process.
(ii) Submission of application to HDB (according to Clause 12 of the OTP)
Under Clause 12 of the OTP, you and the buyer will agree on the timeframe to submit your resale application to us.
This is a contractual agreement between you and the seller. The timeframe can be extended with mutual consent.
When submitting your resale application, you will need to provide the following information:
Details of OTP (i.e. OTP Serial No., Option Grant/ Exercise Date, Purchase price, Option Fee/ Option Exercise Fee)
Buyers’ particulars
Sellers’ particulars
Indicate whether you have an existing loan with HDB/ Financial Institution (FI)
Find out more about these requirements
Buyers and sellers must submit their respective portions of the resale application to HDB via the HDB Resale Portal. You will each pay an administrative fee (inclusive of GST) of $40 or $80, depending on the flat type.
Flat Type
Resale Application Fee*
(Payable by buyer and seller)
1 and 2-room
$40
3-room and bigger
$80
Payments can be made online via credit card (Visa or MasterCard) or by scanning the QR code using any of the supporting mobile payment apps such as PayNow ,NETSPay, DBS PayLah!, POSB/DBS digibank, UOB Mighty and OCBC Pay Anyone when using the HDB Resale Portal, and via GIRO when using the Estate Agent Toolkit.
After you have submitted your resale application, please inform your buyers to submit their portion within 7 days. Otherwise the application will be cancelled, and there will be no refund.
Upon receipt of a complete resale application and full set of supporting documents from the flat sellers and buyers, HDB will verify the eligibility of flat sellers and buyers, and review the supporting documents submitted. If the application is in order, HDB will notify the flat sellers and buyers of its acceptance of the application via SMS and emails within 14 working days, and post the application progress update in the HDB Resale Portal. The date of HDB’s acceptance of the resale application marks the beginning of the 8-week processing time.
During these 8 weeks, you are required to endorse documents which HDB has prepared for you through the HDB Resale Portal and pay the necessary fees online. An in-principle approval for resale will be granted once the documents are endorsed. Following which, an appointment will be arranged for buyers and sellers to attend to complete the resale transaction.
Find out more about these steps
The HDB Resale Portal provides a step-by-step guide on your selling journey. You can login to the HDB Resale Portal to view your progress and status of your resale application.
Take note of the factors that may cause your resale application to be cancelled.
Your application will be cancelled if any of the following occurs:
The resale is abortive for any reason whatsoever
Buyer and seller withdraw your application by giving notice in writing to HDB
Buyer does not have sufficient CPF monies or cash to finance the purchase of the resale flat
Information given in the resale application by the seller/ buyer is incorrect or the buyer/ the seller has suppressed any information required
Buyer/ seller is ineligible to retain the application under the prevailing HDB’s policies
Find out more about the streamlined resale process with the HDB Resale Portal.
It is important to understand and follow the resale procedures to ensure a smooth flat selling journey. Read the details in the following sections.
