Selling HDB Flat

Are you thinking of selling your HDB flat? If you plan to sell your HDB flat, there are many factors you need to consider for both your sale and the purchase/renting of your next home.

To enjoy a smooth resale transaction, we list down the following key points for you to consider before you commit to selling your HDB flat.

To begin the process of selling your flat, it is necessary to register an Intent to Sell by accessing the HDB Flat Portal with your Singpass.

  • Registering an Intent to Sell can verify whether you can sell your flat.
  • This will enable you to offer prospective buyers an Option to Purchase (OTP) at the appropriate time.
  • You will be provided with details regarding the Ethnic Integration Policy (EIP) and Singapore Permanent Resident (SPR) Quota for your block, upgrading status, upgrading cost billing, and recent transaction prices of nearby flats.
  • This intent will remain valid for a year and must be active when granting the OTP to potential buyers and submitting the resale application.
  • Before granting the OTP to the buyers, you must wait for a cooling-off period of 7 days.