The process for getting a resale HDB flat in Singapore is a multi-move approach that normally spans a number of months. The Original and most crucial move is to get a sound HDB Flat Eligibility (HFE) letter, which determines the customer's eligibility for your flat order, housing grants, plus a housing loan. Immediately after securing the HFE letter, the buyer queries for a flat and requests a choice to invest in (OTP) from the seller, that's then exercised within 21 days. Subsequently, the client will have to submit their resale application to HDB, which include all essential paperwork. HDB will then price the flat and program a first appointment for the two functions. The procedure culminates within the more info completion on the transaction, where by the buyer and seller meet on the HDB Hub to indicator the ultimate paperwork and get the keys. Your complete procedure, from acquiring the HFE letter to the final completion, typically normally takes about 3 to 5 months.