How can I check my HDB resale value?
Resale Flat Prices
- You can also check the resale transacted prices using the HDB Map Services It allows you to search for:
- The data is based on registered resale applications and is updated daily.
- Past years’ data from 1990 onwards is available at data.gov.sg.
Will HDB reject resale application?
If there is any variation in the declared resale price, HDB has right to reject or cancel the resale application.
How much cash do you need for resale HDB?
HDB resale flat: Deposit of up to $5,000 which must be paid in cash. Private resale property: Deposit of at least 5%, including an option fee of at least 1% which must be paid in cash.
Can I use all my CPF to buy resale HDB?
You can use your CPF Ordinary Account (OA) savings to buy a new or resale HDB flat, or private residential property, as long as the remaining lease on the property is more than 20 years.
Can COV be paid by CPF?
Can COV Be Paid by CPF? No, COV cannot be covered by CPF or any housing loans. It is paid in cash.
How long does it take for HDB to approve resale?
Resale Completion Appointment Your HDB appointment is 8-10 weeks from the date of HDB’s acceptance of the resale application if the necessary documents are submitted accurately and on time.
Can I buy HDB without loan?
Can I Buy HDB Without a Loan? Yes, you can. If you’re buying an HDB flat without any loans, then you won’t need the HDB HLE letter from HDB or the Letter of Offer from a bank. However, you will need to indicate that you’re purchasing the flat with CPF and/or savings.
How long does it take to buy a resale HDB?
After the submission of your application, you will have to attend two appointments with HDB and arrange for financing. The whole process from the submission of the resale application to collection of keys usually takes about 11 to 13 weeks provided there are no hiccups.
How to manage the resale of your HDB property?
Assist your buyers to submit the resale application through the HDB Resale Portal or Estate Agent Toolkit (if your agency is a subscriber), and adhere to the timeframe given. You should also assist your buyers in the preparation and timely submission of documents to HDB in order not to delay the resale transaction.
How do I check the status of my HDB resale application?
You can login to the HDB Resale Portal to view your progress and status of your request. Q14: If a flat buyer subsequently decide to use his CPF savings instead of cash to pay in full for the flat purchase, and still meet the required timelines, can he submit a Request for Value and Resale Application at the same time?
What happens after HDB receives the request for value?
Once HDB has received the Request for Value, HDB will not accept another request for the same flat from the same buyers or different buyers, until the OTP expires. The buyers of the flat as stated in the OTP, Request for Value and resale application must be the same.
What is the median price of an HDB resale flat?
The median price is the fiftieth percentile amount of HDB resale flat purchases. This means that half of the flats transacted were purchased at amounts above the median price, and half of the flats were purchased at amounts below the median price.