The course of action for purchasing a resale HDB flat in Singapore is actually a multi-step approach that usually spans various months. The Original and most important step is to obtain a sound HDB Flat Eligibility (HFE) letter, which establishes the customer's eligibility with the flat purchase, housing grants, plus a housing financial loan. After securing the HFE letter, the customer queries for your flat and requests an alternative to get (OTP) from the seller, that is then exercised inside 21 times. Subsequently, the buyer should post their resale application to HDB, including all necessary paperwork. HDB will then value the flat and schedule a primary appointment for both of those events. The method culminates from the completion of the transaction, click here exactly where the buyer and vendor meet up with for the HDB Hub to signal the final paperwork and obtain the keys. The complete method, from obtaining the HFE letter to the ultimate completion, normally will take about a few to five months.