HDB Resale Knowledge Base

The short version

• Sellers: your work starts before marketing. Verify ownership, MOP, loan, CPF refund position, and whether you need an extension of stay.
• Buyers: your work starts before house hunting. Get the HFE letter, set a real budget, and decide early if you’re going HDB loan or bank loan.
• OTP isn’t just about price. Negotiate the timeline, page 4 submission window, fixtures, completion date, and extension of stay terms before the OTP is issued.
• Request for Value must be submitted by the next working day after the option date (if using CPF and/or a housing loan).
• Resale application is a two-party process. One side can submit first, but the other must submit within 7 days.
• Timeline: HDB acceptance takes up to 28 working days. Completion is usually about 8 weeks from acceptance.

If you’re selling

1. Seller readiness confirms whether the flat can be sold and what constraints apply
2. Pricing, sale proceeds and CPF converts property facts into realistic pricing and cash-out planning
3. OTP, valuation and COV locks in price and terms correctly
4. Resale application, documents and fees moves the deal into HDB processing
5. Completion, handover and extension of stay protects possession, payment and post-completion expectations
6. Transaction checklists so you don’t miss steps

If you’re buying

1. Buying next home and financing sets budget, HFE, loan path before emotion takes over
2. OTP, valuation and COV gets valuation and exercise timing right
3. Resale application, documents and fees moves the deal into HDB processing
4. HDB resale timeline one-page calendar for planning move dates
5. Completion, handover and extension of stay protects possession and post-completion expectations
6. FAQ, glossary and official links quick answers, definitions and official portal links

If you’re an agent

Read the full set in order, then add:

• Agent agreements and DIY guide
• Transaction checklists

Always check these before any live deal

These change regularly. Don’t rely on memory:

• Seller’s ownership, flat type and MOP
• Intent to Sell status
• Buyer’s HFE outcome
• EIP / SPR quota for the month
• Outstanding loan and any bank redemption penalty
• CPF refund amount and reusable OA amount
• Current BSD / ABSD rules
• Current fire insurance / lender insurance requirements

Disclaimer: this is educational content, not legal, tax or financial advice. Always verify current rules on the official HDB, CPF, IRAS, MAS and CEA portals before money changes hands.