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HDB Buyer Timeline – Submitting Resale Application - PropertyWiki

Submitting resale application.

RESALE APPLICATION

The sellers and buyers have to submit their respective portion of the resale application separately to HDB with attachment of the required documents via the HDB Resale Portal.  Their agent (if any) can submit the application on their behalf via the e-Resale System or Estate Agent Toolkit.

The buyers will have to pay an administrative fee (inclusive of GST) of $40 (1/2-room flats) or $80 (3-room and bigger flats).  The payment will be via the payment modes provided in the HDB Resale Portal/e-Resale System/Estate Agent Toolkit.

If buyers submit their portion of the resale application first, the second party will have to do so within 7 days.  If not, the submission by the first party will lapse and both parties have to re-start the process.  The administrative fee paid is non-refundable.

The resale application will be considered as complete upon the submission by the second party.

If the buyers are engaging their own solicitors to act for them in the resale, they have to provide the name and address of their solicitors in the resale application. Their law firm will provide a solicitor letter for the buyers / agents to submit to the resale portal.

If  buyers have given a Power of Attorney for the sale or purchase, a softcopy of the Power of Attorney must be attached with the resale application.

Documents to be uploaded to support the resale application will vary according to the individual buyer, and may include softcopies of the following:

(a)       Identity Card – for identification of persons listed in the resale application.

(b)       Birth Certificate – for proof of relationship between persons listed in the resale application.

(c)       Passport (details and personal information page), Singapore Blue Identity Card, Entry/Re-Entry Permit, Employment/Residential Permit – for verification of residential status in Singapore.

(d)       Marriage Certificate, Deed of Separation, Divorce Certificate, Decree Nisi/Interim Judgement, Decree Nisi Absolute/Certificate of Final Judgement, Death Certificate (whichever is applicable) – for verification of marital status of the persons listed in the Application Form.

Buyers who are applying for a CPF Housing Grant shall upload the following documents of all persons listed in the resale application:

(a)       Employed Persons – Past 3 months’ payslips.

(b)       Self-Employed/Part-Time Employment/Commission-Based Employment Persons – Past 12 months’ payslips, latest Income Tax Notice of Assessment (if applicable) and ACRA electronic filing on business profile (if applicable).

(c)       Unemployed Persons – Statutory declaration and past 3 months’ payslips (if applicable).

[Those applying for the Additional CPF Housing Grant shall upload the payslips/statements of income/CPF statement of account showing the CPF contribution history (for employed persons) for the past 12 months or Income Tax Notice of Assessment/Statement of Annual Accounts certified by an audit firm (for self-employed persons)].

Click on the FAQ below to find out more

You can submit your resale application using the HDB Resale Portal.
If you have engaged the services of a salespersons, your salesperson can submit the resale application and Request for Value on your behalf using the e-Resale e-Service or Estate Agent Toolkit (for agencies which are subscribers).

Documents to be uploaded to support the resale application will vary according to the individual seller and buyer, and may include softcopies of the following:

(a)       Identity Card – for identification of persons listed in the resale application.

(b)       Birth Certificate – for proof of relationship between persons listed in the resale application.

(c)       Passport (details and personal information page), Singapore Blue Identity Card, Entry/Re-Entry Permit, Employment/Residential Permit – for verification of residential status in Singapore.

(d)       Marriage Certificate, Deed of Separation, Divorce Certificate, Decree Nisi/Interim Judgement, Decree Nisi Absolute/Certificate of Final Judgement, Death Certificate (whichever is applicable) – for verification of marital status of the persons listed in the Application Form.

(e)       Grant of Probate/Letters of Administration with its Petition, Estates Duty Schedule and/or a copy of the Last Will (if applicable) – for proof of the right of representation or interest in an HDB flat/ private property by way of inheritance.

If you do not have a SingPass or have forgotten your SingPass, you can submit a request for a new SingPass. Visit SingPass website for more information.

The sellers and buyers will each have to pay an administrative fee (inclusive of GST) of $40 (1/2-room flats) or $80 (3-room and bigger flats). The payment will be via the payment modes provided in the HDB Resale Portal/e-Resale System/Estate Agent Toolkit.

The solicitor letter is a letter drafted by the law firm to inform HDB that they will be acting for purchase and the bank.

The seller’s spouse who is not an owner of the flat and the buyer’s spouse who is listed as an occupier in the resale flat application must also endorse the spouse consent/acknowledgement form in the HDB Resale Portal, to acknowledge the sale and purchase of the resale flat. If the seller’s or buyer’s spouse is not in Singapore or is residing overseas, and unable to endorse the form in the HDB Resale Portal, he or she will be required to sign the spouse consent/acknowledgement form in the presence of a Notary Public.

No, you will need to log into the resale portal by using your own singpass.

Under the Estate Agents (Estate Agency Work) Regulations 2010 (EAW), dual representation by the same salesperson is prohibited. This means that no salesperson is allowed to be engaged by both buyer and seller in the same property transaction. For more details, please refer to CEA website at www.cea.gov.sg

Yes. Regardless of whether the separate applications come through the Estate Agent Toolkit or the e-Resale system, the HDB will be able to link them.

Upon receiving the sellers’ and buyers’ portion of the resale application, the HDB will verify the eligibility of the 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 and process the application.
 
Sellers and buyers are required to endorse the documents prepared by HDB through the HDB Resale Portal and pay the necessary fees online. An in-principle approval for resale will be granted only after the documents have been endorsed and fees paid.
Upon receiving the sellers’ and buyers’ portion of the resale application, HDB will verify the eligibility of the 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 and process the application. On average, it takes about 8 weeks to process the application, from the date of HDB’s acceptance of the resale application.
 
During these 8 weeks, HDB will prepare buyers’ financial plan, and prepare for buyers to make online withdrawal of their CPF monies, health declaration for coverage under the Home Protection Insurance Scheme, as well as prepare the relevant forms and undertaking for the sellers and buyers to endorse.
 
Sellers and buyers are required to endorse the documents 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 and fees paid. Following which, an appointment will be arranged for buyers and sellers to attend to complete the resale transaction.
The HDB will notify both buyers and sellers on the status of their application via their MyHDBPage. When one party has submitted his portion, both parties will be notified via their MyHDBPage. Nevertheless, you should also inform the other party once you have submitted your portion of the resale application.

Either party (flat buyer or flat seller) or their salesperson can submit his own portion of the application first. After you have submitted your portion of the resale application, you should inform the other party (flat buyer or flat seller) to ensure that he/she submits his/her portion within 7 days. Both parties may also check the status of the resale application via the HDB Resale Portal.

Once the HDB receives the first party’s portion of the application, we will notify both the buyers and sellers via their MyHDBPage in the HDB InfoWEB. Buyers and sellers can check on the status of their resale application via MyHDBPage. In any case, buyers and sellers must be aware that the resale application will lapse if the HDB does not receive the second party’s portion within 7 days after the first’s party’s submission. Hence, they should discuss and update each other once either party has submitted his portion of the application.

Sellers and buyers can check the status of their resale application from the HDB Resale Portal.

Salespersons who have submitted the application (on behalf of their clients) through the Estate Agent Toolkit, can check the status using the Estate Agent Toolkit. Otherwise, the salesperson will have to liaise with their clients (that is, buyers or sellers) on the status of the resale application.

Buyers and sellers should discuss on their submission dates such that:
– The second party submits his portion of the application within 7 days after the first party has done so; and
– Both portions can still be submitted within 30 days from the date the OTP was exercised

Buyers and sellers (or their salespersons) need not use the same system to submit their portions of the application.
 
– DIY Buyers and DIY Sellers (those who do not engage the services of a salesperson) will submit their applications via the HDB Resale Portal.

– Salespersons who are submitting the application on behalf of their clients (i.e. buyers or sellers) can use either the Estate Agent Toolkit or e-Resale system. The system used for submission will depend on whether the salesperson is from an estate agent that has signed up for the Estate Agent Toolkit.

The date of resale application will be based on the date the HDB receives the second party’s submission, when the application is complete. This means that buyers and sellers have to ensure that they meet the eligibility requirements at the point when the second party submits his portion of the application. For example, buyers will have to satisfy the Ethnic Integration Policy and SPR Quota when the second party submits his portion of the application.