The technique for purchasing a resale HDB flat in Singapore is actually a multi-move approach that typically spans a number of months. The initial and most critical stage is to obtain a sound HDB Flat Eligibility (HFE) letter, which establishes the customer's eligibility with the flat buy, housing grants, and also a housing personal 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 client should post their resale application to HDB, including all necessary paperwork. HDB will then value get more info the flat and agenda a first appointment for both of those functions. The procedure culminates from the completion on the transaction, in which the customer and vendor meet for the HDB Hub to sign the final paperwork and acquire the keys. The complete process, from obtaining the HFE letter to the final completion, commonly requires about 3 to five months.