The method for buying a resale HDB flat in Singapore is actually a multi-move method that generally spans several months. The First and most critical action is to obtain a legitimate HDB Flat Eligibility (HFE) letter, which establishes the buyer's eligibility for that flat obtain, housing grants, as well as a housing loan. Immediately after securing the HFE letter, the client searches for your flat and requests a choice to invest in (OTP) from the seller, and that is then exercised within 21 days. Subsequently, the buyer need to submit their resale software to HDB, such as all needed documents. HDB will then value the flat and routine a first appointment for both events. The method culminates from the completion on the transaction, where by more info the client and vendor meet with the HDB Hub to signal the ultimate documents and get the keys. The complete method, from getting the HFE letter to the final completion, ordinarily normally takes about a few to five months.