Endorsing my documents.


In processing a resale transaction with a housing loan from HDB, HDB will:

(a)  Assess the eligibility of the sellers and buyers;

(b)  Calculate the Seller Stamp Duty payable by the sellers (if applicable).

(c)   Obtain the seller’s  authorisation for HDB to act for them in the conveyancing (unless the sellers have engaged their own solicitors to act for them); and

(d)  inform the sellers of the things they need to do to complete the resale transaction.

HDB will notify the sellers via SMS/email when the documents, which include financial calculations, forms and undertakings, are ready for endorsement, and post the progress update in the HDB Resale Portal.

The sellers must endorse in the HDB Resale Portal (or in any manner that HDB will decide) all the documents and make the necessary payments for the resale within the timeframe as requested by HDB.

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.

Sellers who have given a Power of Attorney for the sale will endorse the documents in the HDB Resale Portal.  Even with the Power of Attorney, the sellers (i.e. the Donors) are still required to personally endorse the application form for the sale or purchase and other declaration forms (or sign them if they are unable to access the HDB Resale Portal).

Payments will be via the payment modes provided in the HDB Resale Portal.  Sellers who are unable to do the payment in the HDB Resale Portal can print the payment advice and make the payment at HDB Hub, Toa Payoh, within 3 days of the notice to pay.