Infographic guide to HDB resale timeline and HDB resale procedures

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HDB resale timelines and HDB resale procedures

When I searched online for information on HDB resale timelines and HDB resale procedures, I decided to create this infographic for the HDB resale timeline, hoping it would be helpful for HDB sellers when they decide to sell their HDB flat.

When you decide to sell your HDB flat, besides Sales Strategies and Pricing Strategies, proper HDB resale timeline planning is important for a smooth transaction and to avoid painful experiences.

Poor timeline planning can cost you time and money, either by selling your existing HDB flat under pressure or by not having sufficient time to source for your next property, which in some situations requires you to move twice or arrange temporary funds for your next property.

HDB flat sellers need to consider the best option available for a smooth transaction.

These are some of the questions you should ask before selling your HDB flat.

I need to look for temporary accommodation?

Do I have sufficient time to renovate my next home?

Do I need to request an extension of stay from my buyer?

What is the best option for using sales proceeds from the existing HDB flat to finance my next home?

How can I use the CPF money from the existing HDB flat to pay for my next home?

HDB resale timeline

Standard timeline: Selling only

Note
[1] Seller/Buyer register intent to sell/buy valid for 12 months.
[2] If HDB requires additional documents it may take more than 28 days to accept the case.

Complex timeline - Selling and buying

Selling HDB flat, buying new HDB 2-Room Flexi
Selling HDB flat, buying new HDB BTO, using HDB Contra Payment Facility
Selling HDB flat, buying resale HDB flat, using HDB Enhanced Contra Facility
Selling HDB flat, buying resale HDB flat, NOT using HDB Enhanced Contra Facility
Selling HDB flat, buying resale HDB flat with bank housing loan
Selling HDB flat, buying resale HDB flat with bank housing loan and bridging loan

To learn more about the complex timeline, please contact me for a non-obligation discussion.

Screenshots of SMS received

HDB resale inspection

HDB acceptance of resale application

Endorse documents on HDB resale protal

Conclusion

The objective of resale timeline planning is to meet the seller’s financial obligations and have a smooth transaction between selling and buying.
A complex timeline can be challenging. To learn more about resale timeline planning, schedule a non-obligation discussion now!