I want to ask about resale HDB

Certainly! When it comes to the resale of HDB flats, there are several important steps and requirements to keep in mind:

1. Submission of Resale Application: After exercising the Option to Purchase (OTP), both buyers and sellers must submit their respective portions of the resale application along with necessary documents through the HDB Resale Portal. Salespersons can assist using the Estate Agent Toolkit.

2. Verification and Eligibility: HDB will verify the eligibility of both parties and review the supporting documents. If everything is in order, HDB will notify the acceptance of the application via SMS and email within 7 working days.

3. Processing Time: The entire process typically takes about 8 weeks from the date of HDB's acceptance of the resale application.

4. Endorsement and Fees: During these 8 weeks, buyers and sellers need to endorse documents prepared by HDB and pay necessary fees online.

5. Approval and Completion: Once the documents are endorsed, an in-principle approval for resale will be granted, followed by an appointment to complete the resale transaction.

For more detailed information, you can visit the HDB Resale Portal.

Good luck with your HDB resale process!