HDB | FlatPortal My HDBPage is a personalised portal where you can view your transactions, correspondence, and details with HDB at a glance. New HDB Resale Portal from 1 Jan 2018 to cut resale flat ... Previous HDB Resale System had longer waiting time. Use our calculators to work out your finances before buying your flat. A short summary is about 2 months after both side submit their documents onto HDB resale portal. Within 3 weeks of Registering Intent to Buy. HDB | FlatPortal Here are Some Tips for DIY buyers & sellers for HDB resale flats: Resale Levy - The resale levy […] 13 Sept : Bid Accepted @ 678K 13 Sept : Paid Deposit and Received OTP 14 Sept : Apply for Request of Valuation at HDB Resale Portal 19 Sept: Results of Valuation out, match Bided price , so there are no COV :) 20 Sept: Shortlisting Mortgage Loan with Redbricks 22 Sept: Submit Forms for Bank Loan. Through the portal, buyers will be guided on their buying journey, and get to track the progress of their transactions. Once these documents are ready, they will be posted on the HDB Resale Portal. 7 Steps to Purchase an HDB Resale Flat Without the Help of ... Cancellation of resale application Take note of the factors that may cause your resale application to be cancelled. Find out how through this video. HDB | HDB Resale Portal The . Calculate your budget and choose the best financing option. What is the Owner-Occupier Scheme for HDB? - SG Investor Hub HDB Resale Process & Timeline - Simplified for Resale HDB ... Get Your Home Ready Selling your home may be unfamiliar to you, but we're here to help! HDB | MNH - A Guide to the HDB Resale Portal Find the home of your dreams today on Singapore's fastest-growing property portal 99.co! It is important to work out and have consensus on when to submit with the other party. The first step in the resale buying process is to register your intent to buy a resale HDB flat. HDB Resale Portal - YouTube HDB is launching a new resale portal on January 1, 2018, which it says will streamline the resale transaction process for HDB flats by integrating all eligibility checks into a single platform. HDB Resale Price Index Housing and Development Board / 19 Aug 2021 Tracks the overall price movement of the public residential market. Find out more about the streamlined resale process with the HDB Resale Portal. 5 Jun 2016 Many Singaporeans buy and sell their properties. Please note that if you are buying a home with other applicants like your family members or your partner (fiance), only one person needs to register. With eligibility checks and other processes integrated into the same portal, home owners can even sell their flat on their own, without a salesperson. This new portal follows an earlier move by HDB last year to revamp its online portal for HDB resale flats, resulting in the transaction time being halved to eight weeks when there are no hitches. Search the latest listings for real estate & HDB for sale in Singapore. Looking to buy HDB in Singapore? For example, you can check the status of your flat and Housing Loan Eligibility (HLE) . Available flat types: 2-Room Flexi, 3-Room, 4-Room, 5-Room. Currently, budgeting solutions are provided on the platform through three different types of calculators, 1) I am . The purpose is to reduce the time to complete the transaction and to have a better and more efficient process in place. Currently, resale flat buyers and sellers have to complete an online resale checklist and make two appointments with HDB - a first appointment to work . If you're shopping around for an HDB resale flat and you're not sure how much you should pay for a unit in your chosen estate, one handy tool is the HDB resale price index portal.. Search by HDB town, flat type and resale registration date, plus you . Buyers and sellers must submit their resale applications via the HDB Resale Portal. You'll need to pay the resale levy if you're buying a second subsidised flat or certain Executive Condos (EC). The amount of CPF savings, housing loan . Home purchase is a long-term financial commitment. Find HDB resale flats from ProNex listings. The HDB valuation will determine the amount of CPF savings, housing loan, and the cash over valuation (COV) to pay for your resale flat. Learn more about the resale levy here. The e-service streamlines the flat purchase steps and services. You can login to the HDB Resale Portal to view your progress and status of your resale application. With the HDB Resale Portal, buyers and sellers will enjoy a streamlined resale process in their respective resale journeys. Step 2: Determine your budget and apply for financing. Buying or selling your Resale HDB Flat? HDB Resale Portal. Let's say that you and the seller have agreed on the selling price of $725,000. The HDB Resale Portal was created to streamline the process of buying and selling resale flats. If not, the submission by the first party will lapse and both parties have to re-start the process. HDB | HDB Resale Portal Welcome to the HDB Resale Portal Be guided through the process of buying and selling a resale flat. It is simple enough to register: Simply log in to the HDB Resale Portal and submit the relevant details. You can find out if you need to do so when you register your Intent to Sell at the HDB Resale Portal. In May 2022, HDB will launch about 5,200 to 5,700 units of BTO flats in towns/ estates such as Bukit Merah (3-/ 4-room), Jurong West (2-room Flexi/ 3-/ 4-/ 5-room) , Queenstown ( 3-/ 4-room), Tampines (4-/ 5-room) , Toa Payoh (2-room Flexi/ 3-/ 4-room), and Yishun (2-room Flexi/ 4-/ 5 . You'll need to pay the resale levy if you're buying a second subsidised flat or certain Executive Condos (EC). The index is based on quarterly average resale price by date of registration. If buyers submit their portion of the resale application first, the second party will have to do so within 7 days. Procedures It is important to understand and follow the resale procedures to ensure a smooth flat selling journey. This is the very first step to do and a very simple application to register your intend to purchase a flat. Resale volume jumped 10.9 per cent from November 2020. Guide to HDB Resale Application (Without Agent) 1. HDB | HDB Flat Portal Start planning for the purchase of your dream home. Steps. To buy a resale HDB flat from the open market, you have to ensure that you meet the conditions of one of the eligibility schemes. Attend your HDB resale completion appointment after receiving your approval letter. About HDB Resale Portal Singapore. OrangeTee & Tie senior vice-president of research and analytics Christine Sun said the new HDB flat portal makes it easier for users to obtain most of the essential information. The new portal is the second phase of the HDB Resale Portal launched in January 2018, and was created "after a series of engagement sessions with industry players and stakeholders", he added. We have ready buyers looking for 3Room, 4Rooom, 5Room and Executive type HDB. Revamped in January with streamlined processes, the portal promises to halve the time for resale transactions, and reduce the number of trips buyers and sellers have to make to HDB to sign papers. Singapore property agent with 10+ years experience. While most usually engage a real estate salesperson to save the hassle, some of them are actually planning to handle the property transactions on their own. Source: HDB resale price index portal, median transaction prices for 4-room resale flat in 2021 Q2. With HDB for sale all around the country - whether new or resale HDB units, the HDB portal can be a good place to start looking for a new home. A Step-By-Step Guide To Using HDB's Flat Portal To Find Your Perfect BTO Flat. Sellers will be able to list and advertise their flats on the portal, and continue to complete the resale application on the same platform. HDB flats are home to over 80% of Singapore's resident population. Financing To better manage the selling process, find out more about the financial matters and costs involved in an HDB flat sale. It gives you a preview on the localities, and will probably give you a better idea of what to look for. We focus at Bukit Panjang resale HDB. The transaction could take as little as 8 weeks! Around 40 per cent of the units sold in October were four . From 1 January 2018 onwards, resale flat buyers and sellers will need to login to HDB's Resale Portal via their SingPass before they can buy or sell a HDB resale flat. Read more at The Business Times. Select fr studio, 1,2,3,4,5 room with balcony. The resale portal cuts the transaction time from 16 weeks to eight weeks when there are no hitches in the process. HDB | HDB Resale Portal Housing & Development Board Selling Process Note: This page is only applicable to non-resident administrator or executor (without Singpass) of an HDB flat. In total, 2,586 HDB resale flats were sold in November, a 3.2 per cent rise from October. Register your intent to sell via the HDB Resale Portal. If you engaged a real estate agent, he/she would be able to guide you . Only non-resident Administrators/ Executors who are not eligible to apply for SingPass, can login to the HDB Resale Portal without SingPass. Part of the country's Smart Nation push, the upgraded portal will also reduce the number of appointments needed to complete a deal from two to one, and will tap the Housing Board's (HDB) trove of resale transactions to do away with most professional valuations. Clueless on the New HDB Resale Portal 2018? Step 1: Register Intent to Buy. PRICES of HDB resale flats climbed for the 17th straight month in November 2021 while transaction volumes continued to see a steady uptrend, according to flash data released by real estate portal SRX on Thursday (Dec 9). After you have submitted your resale application, HDB will compute your estimated sale proceeds, the buyers' financial plan, as well as the relevant forms and undertakings for the sellers and buyers to endorse. The application is valid for 12 months and can be re-applied again if expired. The time it takes to buy or sell a resale flat will be cut from 16 weeks to about eight from next year, with a revamped HDB resale portal. The resale portal automatically retrieves your details from the Government's MyInfo service. Aside from listings, the platform for new flats also includes financial calculators for would-be . . The HDB Resale Portal streamlines all the resale of flats processes into a single platform, and provides a step-by-step guide for flat buyers and sellers throughout the resale transaction. With the HDB Resale Portal, buyers and sellers will enjoy a streamlined resale process in their respective resale journeys. Step 1: Check your eligibility to buy a resale HDB flat. HDB will inform the buyers via email once the value of the flat is available in the HDB Resale Portal, typically within 10 working days. There were 2,505 HDB resale transactions, down 0.6 per cent from the 2,518 units sold in September, according to real estate portal SRX. This application is free. In this case, you will need to purchase as a sole owner and indicate that you (or your spouse) is the Sole Lessee.. ️ Pauline Chua. Buyers and Sellers are to submit the resale application respectively within 30 days from OTP exercise date via the HDB Resale Portal. HDB Resale Timeline: Week 8. There are 7,520 HDB For Sale in Singapore. You can work out and plan your finances with our various financial tools. Buying a flat is a long-term commitment. Buying a resales HDB or selling your HDB. The portal for new flats and the platform for resale flats will run in tandem on HDB's website. About the HDB Resale Price Index Portal. Many buyer / sellers , whether DIY or with agents, are always confused on the timeline of a resale flat after signing OTP . Upon registration, the Sellers/ Buyers will be able to receive instantaneous assessment on the following: Your eligibility to sell/ buy The HDB Resale Portal is part of Housing & Development Board's (HDB) continuous efforts to streamline its resale process, reduce transaction time and provide added convenience to flat buyers and sellers, under the initiatives of the Real Estate Industry Transformation Map.. All sellers and buyers who are Singapore Citizens or Singapore Permanent Residents need to use SingPass to login to the HDB Resale Portal. 2. The Intent to Buy registration is valid for 12 months. You can only grant the HDB Option to Purchase after 7 days of registering the Intent to Sell. Through the portal, sellers will be guided on their selling journey, and they can track the progress of their transaction. Buyers and sellers can login to the HDB Resale Portal with their Singpass to start their respective resale journeys. Available flat types: 2-Room Flexi, 3-Room, 4-Room, 5-Room. From 1 January 2018, buyers and sellers will enjoy a streamlined resale process with the introduction of the new HDB Resale Portal. Put your flat up for sale online. In May 2022, HDB will launch about 5,200 to 5,700 units of BTO flats in towns/ estates such as Bukit Merah (3-/ 4-room), Jurong West (2-room Flexi/ 3-/ 4-/ 5-room) , Queenstown ( 3-/ 4-room), Tampines (4-/ 5-room) , Toa Payoh (2-room Flexi/ 3-/ 4-room), and Yishun (2-room Flexi/ 4-/ 5 . There is no fee for registering and buyers will receive an instant assessment on not only their eligibility to buy, but also CPF housing grants and an HDB housing loan. Register Intend to Buy. Login into the HDB resale portal to register HDB Intent to Buy. My HDBPage is a personalised portal where you can view your transactions, correspondence, and details with HDB at a glance. Buyer's financial plan HDB will prepare a proposed financial plan based on what has been indicated in the resale application If buyers wish to make changes to the draft financial plan, buyers can revise the financial plan on the HDB Resale Portal, and endorse the revised financial plan. You submit the valuation request, and HDB decides that the flat is valued at $700,000. Do note that only one flat owner needs to register the Intent to Sell. So what is this "new thing" happening for HDB Buyers & Sellers? The HDB Resale Portal will also check your eligibility to sell your flat upon registering the Intent to Sell. Near MRT stations. This new portal follows an earlier move by HDB last year. Property agent commission Estate Renewal/ Upgrading Plans. There are 2 important time-specific requirements to observe when submitting your resale application: Our services at the HDB Hub and Branches will continue to be via appointments only. This duration can be shorter or longer, depending on HDB backlog and available schedules. Submit Intent to Sell Submit Resale Application Through the portal, buyers will be guided on their buying journey, and get to track the progress of their transactions. Available flat types: 2-Room Flexi, 3-Room, 4-Room, 5-Room. In case you are buying a resale flat with someone, only one of you needs to register the purchase intent. Property agent commission 3. Before you start hunting for a resale flat, here's what you need to know about the HDB resale eligibility criteria. The index till 3Q2014 was computed using stratification method, while that from 4Q2014 onwards is computed using the stratified . Resale levy. It is crucial for you to assess your budget carefully before you buy a flat. To do so, simply log into the HDB Resale Portal with your SingPass account. Day 1. 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. Enjoy a faster and easier resale transaction with the HDB Resale Portal. Completing the process has never been easier. Calculators The 29 million-dollar flats made up 1.1 per cent . Acknowledge Resale Documents. If you're shopping around for an HDB resale flat and you're not sure how much you should pay for a unit in your chosen estate, one handy tool is the HDB resale price index portal.. Search by HDB town, flat type and resale registration date, plus you can even drill down into finer details such as street name, block number and even the range of the . you can use our elegant property search tool to find the right New HDB BTO Launch or resale 1-room flat, 2-room flat, 3-room flat, 4-room flat, 5-room flat, jumbo HDB, executive apartment, maisonette HDB, multi-generation HDB and HDB terrace with detailed information, including maps and photos. Step 1: Register your Intent to Buy on the HDB Resale Portal. #1. For example, you can check the status of your flat and Housing Loan Eligibility (HLE) . HDB is launching a new resale portal on January 1, 2018, which it says will streamline the resale transaction process for HDB flats by integrating all eligibility checks into a single platform. Join our Telegram channel and follow our Facebook for the latest update. Resale transacted prices within 200 metres from any HDB Block or DBSS Site/Project; Resale transacted prices for all flat types in each block; All other related information to the block (EIP/SPR Quota, Upgrading Programmes and Distance Enquiry for CPF Housing Grant) The data is based on registered resale applications and is updated daily. Your gateway to easier and faster resale transactionsFind out more at http://www.hdb.gov.sg© 2018 Housing & Development Board. Endorse the resale documents via the HDB Resale Portal. About the HDB Resale Price Index Portal. You need to activate your SingPass to access the portal. Find out more Resale Completion You will be required to attend an appointment with HDB for the purchase of your flat. To check your eligibility to buy a resale flat, register your Intent to Buy through the HDB Resale Portal, accessible using your SingPass account. The 5-year Minimum Occupation Period (MOP) will apply for your second HDB flat. Starting first January 2018, HDB launched a new resale portal for both buyers and sellers to help facilitate the resale transactions. You can find out if you need to do so when you register your Intent to Sell at the HDB Resale Portal. 2. I have read and accept the Terms and Conditions for Registering Intent to Sell, and acknowledge that I have to register my Intent to Sell at least 7 days before I grant an Option to Purchase. I can assist in all your property Sell, Buy and Rent goals. 1. It is also useful for those eyeing resale flats. Call +65 8800 9441 today. Buyers and sellers can login to the HDB Resale Portal with their SingPass to start their respective resale journeys. Salespersons can use the Estate Agent Toolkit or e-Resale to submit resale applications on behalf of their clients. Login with Singpass 3. Types include 3gen, adjoined, double storey exec maisonette & apartment. "The HDB Resale Portal has halved the time needed for resale flat transactions from 16 weeks to around 8 weeks, and reduced the number of appointments with HDB from two to one," said Mr Lee. If you are not a non-resident administrator or executor of an HDB flat, please click here. Prior to the launch of the Resale Portal, a resale transaction took . Advisory. HDB e-Services will not be available during this scheduled maintenance period. Learn more about the resale levy here. Using the HDB Resale Portal will benefit you in many ways: - Shortens resale transaction time by up to 8 weeks - Reduces manual entry of personal information Close alert bar. Grant your buyer the HDB Option to Purchase (OTP) Submit a resale application to HDB. Find out more If you would like to estimate the potential value of your property . An HDB resale flat might just be the housing option to go for. Aug 25, 2020. You can only officially issue the HDB option to purchase after 7 days of registration. Not sure how to go about? The other spouse can thus be put as an essential occupier, which helps you towards meeting the eligibility criteria by HDB to purchase a flat. What are the Benefits of HDB Resale Portal? In May 2022, HDB will launch about 5,200 to 5,700 units of BTO flats in towns/ estates such as Bukit Merah (3-/ 4-room), Jurong West (2-room Flexi/ 3-/ 4-/ 5-room) , Queenstown ( 3-/ 4-room), Tampines (4-/ 5-room) , Toa Payoh (2-room Flexi/ 3-/ 4-room), and Yishun (2-room Flexi/ 4-/ 5 . Launched in 2021, the HDB Flat Portal is an integrated platform that aims to ease the process of planning for the purchase or sale of an HDB flat. If you are buying a resale flat, you can do this with the conveyancing lawyer helping you with the legal ownership documents. If your family member is a Singapore citizen or Singapore permanent resident, he/she can apply for a SingPass at the SingPass service link on the login page of the HDB Resale Portal or at the SingPass website at www.singpass.gov.sg.If your family member is a non-resident, he/she may sign the documents in person at HDB's office. All rights reserved.No part o. Submitting Resale Application Via HDB Resale Portal. Hi there, thanks for writing to us on AskGuru. 1. Resale levy. Arrow down icon Find out more Financial Planning Tools. Step 2: Plan your finances. The payment will be via the payment modes provided in the HDB Resale Portal/e-Resale System/Estate Agent Toolkit. The HDB Resale Portal provides a step-by-step guide on your buying journey. This is so that HDB can assess your eligibility to sell the flat and who is eligible to buy over your flat. 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