The treatment for purchasing a resale HDB flat in Singapore is really a multi-step procedure that typically spans quite a few months. The Original and most crucial stage is to acquire a valid HDB Flat Eligibility (HFE) letter, which establishes the client's eligibility with the flat acquire, housing grants, as well as a housing personal loan. Right after securing the HFE letter, the customer lookups for any flat and requests a possibility to buy (OTP) from the vendor, that is then exercised within just 21 times. Subsequently, the customer will have to post their resale software to HDB, together with all essential documents. HDB will then worth the flat and timetable a more info first appointment for equally functions. The procedure culminates during the completion from the transaction, the place the client and seller meet in the HDB Hub to sign the ultimate documents and acquire the keys. The entire process, from getting the HFE letter to the final completion, generally requires about a few to five months.