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Lesson 16 - HDB Eligibility To Sell
Lesson 16 - HDB Eligibility To Sell
Flat bought under the SERS with portable SERS rehousing 5 years
benefits
Resale Flat bought from the open market with the CPF 5 years
Housing Grant
Resale Flat bought from the open market without the CPF
Housing Grant:
1-room flat No MOP
2-room or bigger flat on or after 30 Aug 10 5 years
with date of flat between 5 Mar - 29 Aug 10 3 years
application: before 5 Mar 10 2½ years if you took an HDB
loan; or
1 year if you did not take an HDB
loan
Step 3 The salesperson goes through each and every item in the checklist with
Complete Checklist all the buyers.
Step 4 The salesperson may review the information entered before he clicks on
Review Data and the ‘Submit’ button to enable one of the buyers to endorse the checklist.
Submit Checklist
for Buyer An acknowledgement page with a checklist serial number will be
Endorsement displayed upon successful submission of the checklist. The
acknowledgement page will also be sent to the buyer’s e-mail address.
Step 5 The buyer, who is endorsing the checklist, is required to log in to the Resale Checklist
Buyer Log In for Sellers/Buyers e-Service using SingPass and click on the ‘Retrieve Completed
Checklist’ button with the serial number of the checklist that the salesperson had
completed (step 4).
Step 6 Buyer is required to review the information in the resale checklist completed by the
Review Data and salesperson, confirm that the salesperson has gone through the checklist all your
Submit Checklist buyer/s before clicking on the ‘Submit’ button to submit the checklist to the HDB.
An acknowledgement page with the same checklist serial number will be displayed
upon successful submission of the checklist. The acknowledgement page will also be
sent to buyer’s e-mail address.
The salesperson logs in to the Resale Checklist for Sellers/Buyers e-Service using his
SingPass and clicks on the ‘Submit New Checklist’ button.
Step 2 The salesperson provides his particulars, the particulars of all the sellers and the email
Provide Personal Particulars address of one of the sellers (endorser).
Step 3 The salesperson goes through each and every item in the checklist with all the sellers.
Complete Checklist RES need to provide the address of Seller’s next housing.
If seller/s is planning to buy another HDB flat, the salesperson will also have to work out the
estimated Sale Proceeds from selling current flat and the estimated financial plan for next
flat purchase. The salesperson may use the following e-Services to do the calculations:-
Sale Proceeds Calculator(e-Service) (Proceeds from the sale of your flat)
Submission of
1st Appointment Legal Completion
Resale Application
1) E-Resale
• This is an online application for buyers/sellers who
conduct their own resale transaction without engaging
the services of a housing agent.
2) HDB-ResaleNet System
• For housing agents from licensed agencies which have
subscribed to the system to submit resale applications
electronically on behalf of their buyers/sellers
Sellers Buyers
• Spousal Consent Form signed by the • Identity Card or Passport, if Identity Card
seller's Spouse who is the occupier of the is not available;
flat; • Marriage Certificate (if applicable);
• Identity Card or Passport, if Identity Card • Latest ORGINAL computerised payslip;
is not available; • HDB Loan Eligibility Letter/Letter of Offer
• Duplicate Lease (in cases where the from Bank
sellers have fully settled their mortgage • Child’s Birth Certificates (if applicable);
loan)
• For cases where SPR seller (s) who is/are • Lasting Power of Attorney (LPA), if
bankrupt, consent letter from Official applicable
Assignee (OA) must be obtained for the • Parents/married child who are listed in the
resale. application form need to be present, when
buyers are applying for ‘living near
parents’/married child’s residence” family
grant
• For cases where buyer(s) is/are Bankrupt,
consent letter from Official Assignee (OA)
must be obtained if the buyer is (approved
to) buying > 5-room flat. i.e. Executive
Flat, Multi-Generation Flat , HUDC flat
• A Petition for Letter of Administration with
the Estate Schedule (if buyer has inherited
an interest in an HDB Flat, with prior
approval)