The procedure for purchasing a resale HDB flat in Singapore can be a multi-move procedure that generally spans various months. The Original and most important move is to acquire a sound HDB Flat Eligibility (HFE) letter, which decides the client's eligibility for that flat order, housing grants, along with a housing bank loan. Soon after securing the HFE letter, the client searches for any flat and requests a choice to buy (OTP) from the vendor, which happens to be then exercised within just 21 days. Subsequently, the buyer will have to post their resale application to HDB, together with all necessary files. HDB will then worth the flat and timetable a first appointment for both functions. The process culminates during the completion on the transaction, in which the customer and seller meet up with for the HDB Hub to sign the ultimate files and receive the keys. All the method, from acquiring the HFE letter to the click here final completion, generally requires about a few to 5 months.