Please read these Procedures carefully. 1 BEFORE BUYING OR SELLING A RESALE FLAT.

1. Resale Procedures
Please read these Procedures carefully.
1 BEFORE BUYING OR SELLING A RESALE FLAT
1.1 For buyers, please check whether:
a. you and your family are eligible to buy an HDB resale flat;
b. you have sufficient funds (CPF, cash, housing loan) to buy a flat and you are
aware of the restrictions on use of CPF and HDB loan if you are buying a flat
with remaining lease of less than 60 years (Banks/financial institutions also
consider the lease period of properties in granting home loans);
c. you are eligible for an HDB loan and have obtained an HDB Loan Eligibility
(“HLE”) Letter or you need to get a bank loan and have obtained a Letter of
Offer from a bank/financial institution;
d. you are able to meet the requirements of the Ethnic Integration Policy and
Singapore Permanent Resident Quota Policy on the date of resale application;
e. the resale flat is affected by any Upgrading/Estate Renewal Programme and if
so, understand whether it is the seller or the buyer who has to pay the
upgrading cost when there is a resale of the flat;
f. there is any recess area fronting the flat that you may buy;
g. the sellers are selling the flat as owners or legal representatives (e.g.
Attorneys, Administrators, Executors or Committees of Mentally Disordered
Persons) and have met HDB’s requirements to sell the flat;
h. you or your salesperson (if you have engaged one) have completed a Resale
Checklist on the essential information relating to the purchase of a resale flat
before you exercise the Option to Purchase.
1.2 For sellers, please check whether:
a. you have met the Minimum Occupation Period. You can get a confirmation
from the HDB Branch by applying on-line at the HDB InfoWEB at
www.hdb.gov.sg / e-Services / Selling a Flat / Request for Confirmation of
Eligibility to Sell Your HDB Flat;
b. you have an alternative home to move to;
c. you have sufficient funds if you are buying another flat;
d. you have any outstanding lease administration issues to be settled with the
Branch;
e. your flat is affected by any Upgrading/Estate Renewal Programme. If the
upgrading works have been completed, you have to check when the bill will
be served as this will determine the party liable to pay for the upgrading cost.
You may check the schedule of billing dates for the completed precincts at the
respective Branches or from HDB's website at www.hdb.gov.sg / Home /
Residential/ Living in an HDB flat / SERS and Upgrading Programmes
/ Upgrading Programmes / Pay Upgrading Cost / Scheduled Billing Date and
Statement of Account or use the e-Service ‘Enquire Status of HDB´s
Upgrading / Estate Renewal Programmes’;
f. you are selling to eligible buyers whose ethnic group is within the approved
ethnic limits on the date of resale application and your buyers can comply with
the Singapore Permanent Resident (SPR) Quota Policy if they are SPRs;
g. you or your salesperson (if you have engaged one) have completed a Resale
Checklist on the essential information relating to the sale of your flat at least 7
days before you grant the Option to Purchase to the buyers.

2. 1.3 Buyers and sellers are advised to read carefully and understand the Terms and
Conditions of Sale and Purchase of an HDB Resale Flat before proceeding to buy or
sell a resale flat.
2 RESALE CHECKLIST
2.1 The Resale Checklist facilitates sellers and buyers to make better informed and
prudent decisions before they commit to sell or buy HDB flats. Sellers should
consider carefully and plan for their next housing before selling their flats. Buyers
should be aware of the key issues before they commit to the flat purchase.
2.2 Sellers and buyers (by themselves or with their salespersons, if any) shall
complete and submit the resale checklist via the Resale Checklist for Sellers/Buyers
e-Service at the HDB InfoWEB (www.hdb.gov.sg).
2.3 Sellers have to complete and submit the Sellers' Resale Checklist at least seven
(7) days before granting an Option to Purchase to the buyers.
2.4 Sellers must state the address of their next accommodation.
2.5 If the sellers are buying another HDB flat, they must prepare an Estimated Sale
Proceeds Statement and Financial Plan for the next purchase.
2.6 Buyers have to complete and submit the Buyers' Resale Checklist before
exercising the Option to Purchase.
2.7 The Resale Application will not be accepted if the sellers (or their salespersons, if
any) did not submit the Sellers' Resale Checklist or the sellers grant the Option to
Purchase less than seven (7) days after the Resale Checklist is submitted, or the
buyers (or their salespersons, if any) did not submit the Buyers' Resale Checklist
before exercising the Option to Purchase.
2.8 Sellers and buyers must sign the Resale Checklists at the First Appointment.
3 HDB LOAN ELIGIBILITY LETTER
3.1 Buyers who are eligible for and are intending to obtain a housing loan from HDB
must have a valid HDB Loan Eligibility Letter before they exercise the Option to
Purchase. It is advisable that they obtain the HDB Loan Eligibility Letter even before
they look for a flat.
3.2 Buyers who are taking a bank loan must have a valid Letter of Offer from a
bank/financial institution when they exercise the Option to Purchase.
3.3 Buyers who are not taking any loans are not required to obtain the HDB Loan
Eligibility Letter or Letter of Offer but will have to indicate that they are financing the

3. flat purchase fully with their CPF savings and/or cash when they submit their resale
application to HDB and produce documentary proof showing that they have the
financial means to purchase the flat.
3.4 Potential flat buyers can apply on-line for the HDB Loan Eligibility Letter via the
HDB InfoWEB at www.hdb.gov.sg. They can also check their eligibility for an HDB
loan at the counters in HDB Hub. The HDB Loan Eligibility Letter is valid for 6
months from the date of issue and must remain valid when the buyers submit the
resale application.
4 OPTION TO PURCHASE
4.1 Buyers and sellers of resale flats must use the HDB prescribed Option to
Purchase as the form of contract in resale transactions. No party is allowed to enter
into any other agreement pertaining to the sale and purchase of the flat, as this
would be null and void pursuant to the Housing and Development Act. No
amendments may be made to the prescribed form.
4.2 Buyers and sellers (or their salespersons) can download the prescribed Option to
Purchase form from the HDB InfoWEB (www.hdb.gov.sg). Each form has a unique
Serial Number. Buyers and sellers must state the Serial Number of the Option to
Purchase when they submit a resale application to HDB.
4.3 Buyers and sellers must declare to HDB the true resale price of the flat. They
shall not enter into any supplementary agreement or other agreements or
arrangements that may cause the resale price as declared to be inflated or
understated.
4.4 The prescribed Option Fee, Deposit and Option Period are given below.
Option Fee - An amount not exceeding $1,000
Deposit - An amount not exceeding $5,000 (Option Fee + Option Exercise Fee =
Deposit)
Option Period - 21 calendar days (including Sat/Sun & public holidays) after the
Option Date. [E.g. If the seller grants an Option to the buyer on 1 July 2016 (Friday),
the Option will expire on 22 July 2016 (Friday). The Option expiry time is
standardised at 4pm.]
4.5 The buyer and seller will negotiate and agree on the resale price of the flat. The
seller will grant an Option to the buyer to purchase the resale flat at the agreed
resale price. In exchange, the buyer pays an Option Fee to the seller.
4.6 The seller’s offer is for a fixed period (“Option Period”) during which the seller
cannot sell his flat or make an offer to other buyers.

4. 4.7 To exercise the Option, the buyer must do the following before the expiry of the
Option Period:
a. sign the Acceptance in the Option to Purchase (the buyer must ensure that
the date of issue of the HDB Loan Eligibility Letter or bank’s Letter of Offer is
before the date of Acceptance),
b. *deliver the signed Option to Purchase to the seller, and
c. pay a sum called “Option Exercise Fee” to the seller.
* The seller can appoint another person or a firm (e.g. solicitor’s firm or estate
agency) to receive the signed Option and the Option Exercise Fee by completing the
Authorisation Form (Form A) provided in the Option to Purchase.
4.8 The Option Fee and Option Exercise Fee will form the “Deposit” for the purchase
of the resale flat. The buyer and seller must state an amount for the Option Fee as
well as for the Option Exercise Fee. Neither the Option Fee nor the Option Exercise
Fee can be $0. This is to ensure that there is a valid Option or contract.
4.9 Upon exercise of the Option to Purchase, the seller and the buyer enter into a
binding contract for the sale and purchase of the resale flat.
4.10 The Option to Purchase shall be witnessed by a third party, who is above the
age of 21 years.
4.11 After the buyer has exercised the Option to Purchase, the buyer and seller
shall, within the timeframe they have agreed in the Option to Purchase, submit their
respective portion of the resale application to HDB Resale Office for processing.
5 VALUATION OF FLAT
5.1 Buyers who are financing the purchase of the flat with a housing loan from
HDB/bank or their CPF savings must have a valuation of the flat done by a private
valuer assigned by HDB.
5.2 Only buyers who have been granted an Option to Purchase shall submit a
request for valuation (“Valuation Request”). Buyers must (by themselves or through
their salesperson) submit the Valuation Request by the next working day* after the
Option Date. Scanned copies of page 1 and page 8 of the Option to Purchase must
be attached with the request.
(*Monday to Saturday, which is not a Public Holiday)
5.3 Sellers must, within four (4) working days* after the day the buyers submit the
Valuation Request, allow the HDB appointed valuer to enter the flat to inspect and
assess the value of the flat.
5.4 The buyer will be able to check the status of the Valuation Request and the value
of the flat via his My HDBPage at the HDB InfoWEB (www.hdb.gov.sg). A softcopy

5. valuation report will be posted on the buyer’s My HDBPage and will be available for
viewing and download by the buyer until 1 month after the resale completion date.
5.5 The buyer by submitting the Valuation Request is deemed to accept the value of
the flat as assessed by HDB’s panel of private valuers and HDB will not accept
another request by the buyer for a fresh valuation of the flat.
5.6 The value of the flat is only applicable to each Valuation Request and is non-
transferable to or valid for use in another resale transaction involving the buyers
under a different Option to Purchase for the same flat or other buyers of the flat, for
which a new request for valuation must be submitted.
5.7 When the buyer submits a resale application after exercising the Option to
Purchase, the buyer(s) indicated in the resale application must match the same
buyer(s) as reflected in the Option to Purchase and the Valuation Request.
5.8 The value of the flat as assessed for the Valuation Request will remain valid for a
period of 3 months from the Valuation Report date, e.g. if the report is dated
1 August 2016, the last day of validity is on 31 Oct 2016. If the buyer does not submit
a resale application within the 3-month validity period, a fresh request for valuation
has to be submitted to determine the prevailing value of the flat. In this event, the
housing loan amount to be granted by HDB/bank and the use of CPF savings for the
purchase of the flat will be based on the prevailing value of the flat.
6 PURCHASE OF RECESS AREA
6.1 If there is a recess area space fronting the flat available for sale, the buyer may
request HDB to process the application to buy the recess area together with the
resale application. As the resale completion date may be affected, the seller’s
consent has to be obtained before HDB can process the 2 applications together and
both buyer and seller must sign a standard undertaking to postpone the completion
date. The buyer is advised to call the Branch Service Line at 1800-2255432, at least
2 weeks before the First Appointment date of the resale transaction, to check on the
availability of any recess area for purchase.
7 RESALE APPLICATION
7.1 The seller and buyer have to submit their respective portion of the resale
application separately with the necessary payments (see item 8 below) via the e-
Resale System. Their salesperson (if any) can submit the application on their behalf
via the e-Resale System or Estate Agent Toolkit (if his agency has subscribed to it).
7.2 Either the seller or the buyer may submit his portion first. The second party will
have to do so within 7 days. If not, the submission by the first party will lapse and
they have to re-start the process. The administrative fee paid is non-refundable.
7.3 The second party will be required to book the First Appointment date (with the

6. first party's consent) for the transaction. Both parties are advised to discuss on an
appropriate appointment date before the submissions. They may refer to the e-
Service on Enquiry on Available Dates for Resale First Appointment (at
www.hdb.gov.sg) to check on the available dates and time slots. A change of the
First Appointment date is allowed, subject to the agreement of both parties.
7.4 The booking or changing of the First Appointment date is subject to the
availability of appointment slots at the time of request. HDB reserves the right to pick
a First Appointment date for the seller and buyer if the circumstances (to be
determined at its sole discretion) call for it.
7.5 The resale application will be considered as complete upon the submission by
the second party. HDB will assess the buyer's and seller's eligibility to buy/sell the
flat based on the date of submission of the complete application by the second party.
7.6 A seller who is buying another resale flat concurrently and wishes to use the sale
proceeds of the existing flat to pay for the second flat under the Enhanced Contra
Facility must submit both Application Forms for sale and purchase together.
However, if he is obtaining a housing loan from a bank/financial Institution to
purchase the second flat, he will not be eligible for the Enhanced Contra Facility.
7.7 The buyer who is applying for a CPF Housing Grant shall upload the following
documents of all persons listed in the Application Form:
a. Employed Persons: Latest 3 months' payslips (including month of application).
b. Self-Employed/ Part-time Employment/ Commission-Based Employment
Persons: Latest 12 months' payslips (including month of application), Latest
Income Tax Notice of Assessment (if applicable) and ACRA electronic filing
on business profile (if applicable).
c. Unemployed Persons: Statutory declaration and Latest 3 months' payslips
(including month of application, if applicable).
[Those applying for the Additional CPF Housing Grant shall upload the
payslips/statements of income/CPF statement of account showing the CPF
contribution history (for employed persons) for the past 12 months or Income
Tax Notice of Assessment/Statement of Annual Accounts certified by an audit
firm (for self-employed persons)].
8 PAYMENT
8.1 The seller and buyer must each pay resale application administrative fee (GST
inclusive) of:
a. $40/- for sale/purchase of 1- or 2-room flats.
b. $80/- for sale/purchase of 3-room and larger flats.
8.2 The fees for each valuation request, comprising of valuation fee (inclusive of
GST) and $12 administrative fee, are as follows:
Flat Type Softcopy Valuation Report
1 & 2-room $140.40

7. 3-room & larger $199.25
8.3 Payment of the Valuation and Administration Fees must be made via the
payment modes provided by the e-Resale System/ Estate Agent Toolkit.
8.4 All Valuation and Administrative Fees paid are non-refundable.
9 INSPECTION BY THE HDB BRANCH
9.1 A date will be fixed for the HDB Branch to inspect the resale flat. Both the seller
and buyer will be informed of the inspection date in the First Appointment letter.
HDB’s approval of the resale will be withheld if the flat is not inspected by the
Branch.
9.2 The purpose of the inspection by the HDB Branch is to check for unauthorised
renovation works in the resale flat which may damage the common property or other
flats in the building and affect the structural stability of the building. The inspection is
not to ascertain the value of the resale flat, the condition and safety of the renovation
works or whether the renovation works comply with the requirements imposed by
other competent authorities.
9.3 The seller must regularise/remove any unauthorised renovation works found in
the resale flat before completion of the resale transaction.
9.4 Notwithstanding clauses 9.2 and 9.3, the buyer is purchasing the flat on a caveat
emptor basis. This means that it is the buyer’s responsibility to check the condition of
the resale flat and verify that all renovation works carried out by the seller are
authorised and comply with the requirements imposed by HDB or other competent
authorities. The buyer will also be responsible for any irregularity, including any
unauthorised renovation works carried out by the seller in the resale flat, which may
subsequently be discovered. The buyer is advised to engage a Qualified Person
(e.g. Building Surveyor) at his own expense to help him in the checking.
10 FIRST APPOINTMENT
10.1 Both the seller and buyer must be punctual at the First Appointment to process
their resale application. They must bring along all the documents stated in the First
Appointment letter.
10.2 The seller's spouse who is not an owner of the flat and the buyer's spouse who
is listed as an occupier in the resale flat application must also be present at the HDB
Resale Office during the First Appointment to sign the spouse
consent/acknowledgement form, to acknowledge the sale and purchase of the resale
flat. If the seller's or buyer's spouse is not in Singapore or is residing overseas, he or
she will be required to sign the spouse consent/acknowledgement form in the

8. presence of a Notary Public.
10.3 The buyer shall submit the following photocopied documents of all persons
listed in the Application Form on the First Appointment. The original documents must
be brought along for verification.
a. Identity Card(s): for identification of person(s) listed in the Application Form.
b. Birth Certificate(s): for proof of relationship between persons listed in the
Application Form.
c. For Singapore Permanent Residents, a copy each of the passport and
Entry/Re-Entry Permit or a copy of the Singapore Blue Identity Card; for
verification of residential status in Singapore.
d. Marriage Certificate, Deed of Separation, Divorce Certificate, Decree
Nisi/Interim Judgement, Certificate Making Decree Absolute/Certificate
Making Interim Judgement Absolute, Death Certificate (whichever is
applicable): for verification of marital status of the person(s) listed in the
Application Form.
e. Grant of Probate/Letters of Administration with its Petition, Estates Duty
Schedule and/or a copy of the Last Will (if applicable): for proof of the right of
representation or interest in an HDB flat or private property by way of
inheritance.
10.4 The seller and buyer must sign the Application Form on the First Appointment.
The salesperson (if any) shall be the witness for the respective party's signature.
10.5 The seller and buyer shall submit the original Option to Purchase, Resale
Checklist (with financial calculations, if applicable), and for the buyer, the HDB Loan
Eligibility Letter (if the buyer is taking an HDB loan) or an accepted Letter of Offer (if
the buyer is taking a loan from a bank/financial institution) on the First Appointment.
10.6 Salespersons are required to make a statutory declaration in the prescribed
Salesperson Statutory Declaration form in the presence of a Commissioner for Oaths
at the HDB Resale Office and submit it on the First Appointment.
10.7 For cases where the seller or buyer has a Power of Attorney for the sale or
purchase, the Attorney shall submit the original Power of Attorney or a certified true
copy from the High Court or by a solicitor on the First Appointment. Notwithstanding
the Power of Attorney, the seller or buyer is still required to personally sign the
application form for sale and purchase and other declaration forms.
10.8 Where HDB is acting for the buyer, the following caveat fees (plus a title search
fee of $10.40) will be payable with Cashier's Order or NETS by the buyer:
a. $128.90 (if the buyer is taking a housing loan from HDB);
b. $64.45 (if no HDB loan is granted).
10.9 In processing a resale transaction with a housing loan from HDB, HDB will:
a. assess the eligibility of the seller and buyer;
b. process the buyer’s application for withdrawal of his CPF savings;

9. c. determine the amount of housing loan to be granted based on the HDB Loan
Eligibility Letter;
d. determine the fees to be paid with Cashier's Order or NETS at the First
Appointment and the amount of the Additional Buyer's Stamp Duty (if any) the
buyer needs to pay with Cashier's Order or NETS within 10 days from the
date of the First Appointment;
e. determine the final payment of the purchase price (if any) with Cashier's Order
or NETS by the buyer on completion of the resale;
f. obtain the seller’s and buyer’s authorisation for HDB to act for them in the
conveyancing (unless the seller and buyer have engaged their own solicitors
to act for them);
g. calculate the amount of stamp/registration and conveyancing fees payable by
the seller and buyer; and
h. explain the resale procedures to both seller and buyer.
10.10 Both the seller and buyer will receive the approval letter within two weeks from
the date of First Appointment.
10.11 Where the seller and buyer have engaged their own solicitors to act for them
in the resale, they are to provide the name and address of their solicitors.
11 COMPLETION OF RESALE
11.1 A resale transaction takes about 8 weeks (from the First Appointment date) to
complete. Both the seller and buyer will be informed of the completion date in the
completion letter.
11.2 Before completing the resale transaction,
(a) the seller is to:
i. rectify/remove any unauthorised renovation works in the resale flat and
confirm the rectification with the HDB Branch;
ii. terminate the GIRO account for all payments pertaining to the resale flat;
iii. ensure the property tax and Service & Conservancy Charges (S&CC) are paid
up to the effective date of resale;
iv. vacate the resale flat to ensure that vacant possession will be given to the
buyer on completion; and invite the buyer to inspect the resale flat.
(b) the buyer is to:
i. inspect the resale flat to check that vacant possession will be delivered by the
seller on completion; and
ii. pay the balance of the purchase price (if any) with Cashier's Order or NETS.
11.3 On the day of completion of the resale at the Resale Office, the seller is to
produce evidence of payment of service and conservancy charges and property tax.
The buyer is to produce the receipt for the final cash payment (if any). If the buyer
has obtained a loan from HDB, he is to produce a valid Certificate of Insurance for a
Mortgage Fire Insurance Policy on the resale flat issued by HDB’s appointed Insurer.
Both the seller and buyer will sign the legal instruments and the seller will hand over
the keys to the buyer.
11.4 The net sale proceeds (if any) will be released to the seller upon completion of

10. the resale, and the CPF refund (if any) will be credited to the seller’s CPF account
within 7 days from the date of completion.
11.5 For bank loan cases where private solicitors are acting for both the seller and
the buyer, the solicitors will arrange for the resale completion and handover of keys.
Words herein importing the singular number or the masculine gender shall include
the plural number or the feminine gender.
CAUTION
IN ADDITION TO OTHER REMEDIES, THE HOUSING & DEVELOPMENT ACT
(CHAPTER 129) PROVIDES THAT ANY PERSON WHO MAKES A FALSE
STATEMENT IS LIABLE TO A FINE NOT EXCEEDING $5,000/- OR TO
IMPRISONMENT FOR A TERM NOT EXCEEDING 6 MONTHS, OR BOTH.
HDB’S PRIVACY POLICY
HDB collects personal data from you to administer HDB's public housing
programmes and services. We may share necessary data with other Government
agencies, unless such sharing is prohibited by legislation. This is to enable us to
serve you in the most convenient, efficient and effective way. We will NOT share
your personal data with non-Government entities, except where such entities have
been authorised to carry out specific Government services.
If you would like to find out more about HDB’s Data Protection and Privacy Policy,
you can visit our website www.hdb.gov.sg for more details.
Page Last Updated 18 July 2016