What you need to know about HDB’s resale flat listing service

  • 📰 thenewpaper
  • ⏱ Reading Time:
  • 56 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 63%

Hdb News

PUBLIC HOUSING,RESIDENTIAL PROPERTY

From May 13, sellers of Housing Board flats or their property agents can list their homes for sale directly on the HDB Flat Portal. When the service is officially launched later in May, buyers will be able to access the listings and begin transactions with...

When the service is officially launched later in May, buyers will be able to access the listings and begin transactions with sellers.From May 13, sellers of Housing Board flats or their property agents can list their homes for sale directly on the HDB Flat Portal.

When they create a listing, it will be automatically filled with details such as the address, flat type, floor area and floor plan, which is retrieved from HDB’s data. Sellers will only need to upload photos and descriptions of their flat. Once listed, sellers can create viewing appointments that interested buyers with a valid HDB Flat Eligibility letter can book.Once their flat buyer submits a request for value, which has to be done a day after being granted the option to purchase, the listing would automatically be taken down.Any prospective flat buyer can browse the resale listings on the HDB flat portal, but only those with a valid HFE letter can obtain the sellers’ contact details and schedule viewing appointments.

A resale flat listing will show the recent transacted prices of similar flats nearby, amenities in the area and ethnicity and citizenship quotas. Buyers with an HFE letter can view personalised payment plans based on their approved housing grant and HDB loan amount, so that they can more accurately assess if the shortlisted flats are within their budget, HDB said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sellers can list their flats on HDB Flat Portal from May 13Owners of Housing Board flats or their property agents will have the option to list their homes for sale on the HDB Flat Portal from May 13. The latest enhancement to the portal, which aims to streamline the process of buying and selling a flat, seeks to provide buyers and...
Source: thenewpaper - 🏆 7. / 63 Read more »