The treatment for buying a resale HDB flat in Singapore can be a multi-step course of action that generally spans quite a few months. The Original and most critical stage is to acquire a legitimate HDB Flat Eligibility (HFE) letter, which establishes the customer's eligibility to the flat order, housing grants, and also a housing bank loan. Immediately after securing the HFE letter, the customer queries for your flat and requests a possibility to invest in (OTP) from the vendor, and that is then exercised in just 21 times. Subsequently, the buyer should post their resale application to HDB, which includes all needed documents. more info HDB will then price the flat and agenda a first appointment for both functions. The process culminates in the completion of the transaction, where by the client and vendor meet for the HDB Hub to signal the ultimate files and receive the keys. Your complete course of action, from getting the HFE letter to the final completion, normally requires about 3 to 5 months.