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HDB SELLING CHECKLIST

Register Intend To Sell & Check Ethnic/ PR Quota On The HDB Resale Portal

Intent To Sell Is Valid for 12 Months
- Ensure 5 Years Minimum Occupation Period Is met before selling
Getting Ready & List Your Property
- Analyze Competition,
- Set Price
- Declutter
- Post Online With Professional Photos and/or Videos + 360 Virtual Tour
Follow Up On Inquiries, Prequalify Buyers & Arrange for Viewings

Determine if it's first time buyers or looking for contra & negotiate accordingly
Send Viewing Reminders, Declutter, Conduct Viewings & Grant Option To Purchase (OTP)
- Ensure maximum natural light
- Negotiate terms, option period & grant OTP
- Then wait up to 21 Days, during this option period, you cannot sell to anyone else.
Buyer Exercised Your Option To Purchase
- Work out completion date, submit resale application
- Wait for SMS when HDB's Approval Letter is ready
- Wait up to 8 weeks from date of HDB acceptance of resale application for completion appointment date
- If you have a bank loan or HDB loan, engage HDB or own lawyer for conveyancing & loan redemption.
Completion of Your HDB Resale Flat
- Buyer & seller to attend at HDB Hub
- Remedy any unapproved reno works & confirm w HDB
- Stop GIRO account for all payments for your resale flat.
- Ensure property tax and service & conservancy charges are paid up
- Vacate HDB to allow buyers to inspect the resale flat.

Consolidate Your Plans, Chart Out Timeline & Check Seller Stamp Duty
Analyse Competition, Get Home Valuation & Set Pricing Strategy
- Analyze Competition,
- Set Price
- Declutter
- Post Online With Professional Photos and/or Videos + 360 Virtual Tour
Declutter, Home Stage + Photo + Video + 360 Virtual Tour
List Property Online & Market Your Property
Conduct Viewings, Negotiate Price, Sale Terms & Timeline
Contact Lawyer & Issue Option To Purchase
Await Buyer To Exercise OTP & Complete The Sale

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Joshua Leng

I believe every family deserves to feel confident when buying, selling or renting their home

Real Estate Advisor

PropNex Realty

+65 90039122

Joshleng@hotmail.com