The method for buying a resale HDB flat in Singapore is actually a multi-step system that commonly spans numerous months. The First and most critical stage is to get a legitimate HDB Flat Eligibility (HFE) letter, which decides the client's eligibility for that flat order, housing grants, as well as a housing financial loan. After securing the HFE letter, the customer lookups for just a flat and requests a possibility to invest in (OTP) from the seller, that's then exercised within just 21 days. Subsequently, the customer should post their resale software to HDB, such as all needed files. HDB will then value the flat and timetable a primary appointment for both of those functions. The method culminates more info within the completion in the transaction, the place the client and seller fulfill at the HDB Hub to sign the final documents and receive the keys. Your entire method, from getting the HFE letter to the final completion, typically normally takes about 3 to 5 months.