The method for getting a resale HDB flat in Singapore is a multi-phase approach that generally spans quite a few months. The Preliminary and most crucial action is to acquire a sound HDB Flat Eligibility (HFE) letter, which establishes the customer's eligibility with the flat buy, housing grants, plus a housing financial loan. Just after securing the HFE letter, the customer queries for any flat and requests a choice to buy (OTP) from the vendor, which happens to be then exercised in just 21 days. check here Subsequently, the buyer will have to submit their resale software to HDB, which include all important documents. HDB will then benefit the flat and plan a primary appointment for both equally events. The procedure culminates while in the completion from the transaction, exactly where the client and vendor meet for the HDB Hub to sign the final paperwork and get the keys. The complete system, from obtaining the HFE letter to the final completion, commonly requires about three to five months.