Submitting Resale Application Via HDB Resale Portal
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.
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.
Resale Application Fees
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 Administrative 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) when using the HDB Resale Portal, and via GIRO when using the Estate Agent Toolkit.
Flat Inspection by HDB Branch
After buyers and sellers have submitted their resale application, HDB will arrange for Technical Executives from the HDB Branch to inspect your flat.
The purpose of the inspection is to check if there are unauthorised renovation works in the flat that may damage HDB property and affect the structural stability of the flats/ building. The inspection is not to ascertain the value of the flat, the condition and safety of the renovation works, or compliance with any legislation in respect of any installation of fittings/ fixtures in the flat.
You will be informed of the inspection date in the letter of HDB’s acceptance of the resale application.