The technique for purchasing a resale HDB flat in Singapore is a multi-move course of action that commonly spans many months. The Preliminary and most crucial move is to obtain a valid HDB Flat Eligibility (HFE) letter, which decides the client's eligibility with the flat acquire, housing grants, along with a housing financial loan. Following securing the HFE letter, the buyer searches for your flat and requests a possibility to Purchase (OTP) from the vendor, that is then exercised in 21 days. Subsequently, the customer will have to post their resale application to HDB, more info like all important paperwork. HDB will then worth the flat and timetable a primary appointment for both functions. The method culminates within the completion from the transaction, in which the client and vendor satisfy on the HDB Hub to indication the final files and receive the keys. The entire process, from acquiring the HFE letter to the ultimate completion, typically requires about three to 5 months.