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Hdb Resale Process

A Comprehensive Guide For Hdb Owners

hdb resale process

We have finally reached Phase 2 of the reopening of our economy. The past two months have been out of the ordinary to say the least, and I am glad that we are out of the woods – for now. 

With the lifting of restrictions, I am seeing more homeowners reaching out to explore their next phase of life – post COVID-19.

Well, perhaps the 20,000 units that will be reaching MOP in 2020 this year could explain this surge in inquiries.

Many homeowners looking to sell their existing HDB flat usually come to me with this common question: “What is the HDB resale process like?” or “How do I start selling my home?”

I have answered this question, What is the Hdb resale process, probably more than a hundred times during my course of work, I figured, why not answer this as a useful guide on the blog for all curious homeowners like yourself.

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Table of Contents

HDB Resale Procedure

I have summarised the Hdb resale procedure in 12 steps:

1) Calculate your finances

2) Decide whether to engage an agent or DIY

3) Register intent to sell

4) Market your unit

5) Arrange house viewings for interested buyers

6) Option to purchase (OTP)

7) Buyer request valuation

8) Buyer to exercise OTP

9) Submit HDB resale application

10) House inspection

11) Endorse resale documents

12) HDB resale confirmation and completion

Hdb resale transaction


You may obtain an indicative selling price through HDB website, by sieving through similar unit types that were sold / transacted around your area.


You may also use SRX x-value indication below as a guide. Just key in your address and size of your unit, to get an indicative price.

SRX x-value is only one of several ways I help my clients obtain an indicative valuation of their home.

For Hdb homeowners, do contact me today to find out how you can maximise your home value with our strategies in 2021. Schedule one now

HDB Financial Calculator

Before you make such a huge financial commitment like buying and selling a house, the first and most important step is to calculate your finances.

You want to make sure the finances are done correctly – especially it’s a HDB contra case or upgrading to private property.

Most homeowners plan to use the resale cash proceeds to fund the new property purchase, but it is not such a straightforward calculation.

One simple example: the repayment of CPF accrued interest will eat into your cash proceeds.

Did not know that? Not to fear.

You can make sure you have the right calculations by using this simple HDB Selling Financial Calculator.

Still not confident of calculating it yourself? You can reach out to me for a FREE Property Report

Engage a Property Agent or DIY

Once you are clear about your finances, the next step is to decide how you want to go about it.

Do you prefer to handle the entire process yourself or leave it to a professional?

Property agents can help you with the nitty-gritty and the complex parts of the process like:

  • Handling the complex paperwork processes

  • Marketing your unit right

  • Prepare comprehensive buyer presentation kit

  • Arranging house viewings

  • Negotiating with the buyer

If you are an experienced property owner who knows what you are doing or can put in the time to handle the various steps and procedures, then skip ahead.

However, if you are unfamiliar with the process, I would typically recommend having an agent to help guide you through the process.

Register Intent to Sell

Before you even begin to start marketing your HDB flat for sale, make sure that you register your Intent to Sell. 

This is so that HDB can assess your eligibility to sell the flat and who is eligible to buy over your flat. It is simple enough to register: Simply log in to the HDB Resale Portal and submit the relevant details. 

You can only officially issue the HDB option to purchase after 7 days of registration. 

Do note it is valid for 12 months, so you will need to re-apply should you not sell the flat within 12 months.

Marketing Your HDB for sale

Now it is time to promote your unit and find yourself a buyer.

With an increasingly saturated market where DIY property platforms list thousands of homes daily, it may seem like a daunting task.

Even property agents are increasingly challenged to come up with more effective ways to attract buyers.

My winning formula?

Check out my marketing strategies, Selling House In Singapore.

Arrange House Viewings

Once you have attracted potential buyers, the next step would be to arrange house viewings for them. 

Phase 2 regulations apply for the viewings of completed properties in person.

HDB Option to Purchase

Once you have an agreeable buyer who is happy with your sale price, you can grant them an official HDB Option to Purchase (OTP).

It is like a commitment from the buyer to you.

They will pay an Option fee in exchange for the OTP, which will be valid for 21 days during which they have to make a decision.

During this period, you cannot grant another OTP to another buyer.

Buyer Request Valuation

If the buyer is purchasing your flat with their CPF savings or housing loan, they will need to submit a Request for Value from HDB, after receiving your OTP.

Buyer to Exercise OTP

hdb selling price

Hurray! Your transaction is almost complete.

Submit HDB Resale Application

The next step is for both you and the buyer to submit your individual portions of a resale application document online at the HDB Resale Portal (within 7 days of either submission).

If you intend to apply for the Enhanced Contra Facility (ECF), you’ll need to indicate it in the resale application.

Hdb resale inspection

There will be a mandatory inspection joint inspection arranged by HDB to check for any illegal or structural defects in your unit after submitting the resale application.

Endorse Resale Documents

After submission of your application, HDB will prepare a series of forms and undertakings for both you and the buyer to endorse on the platform.

As well as requiring your payment for the administration fee for the process.

HDB Resale Confirmation and Completion Appointment

The very last step concludes with you receiving a confirmation letter by HDB and scheduling an appointment with HDB and the buyer for the completion appointment.

Sign on the documents, hand over the keys and you have completed the resale transaction!

HDB Resale timeline for seller

hdb resale timeline

The chart above summarizes the HDB resale timeline.

The timeline from finding an interested buyer to Hdb completion is usually about 12 weeks

Questions to ask yourself

Some food for thought:

What is the purpose of selling your flat?

Are you familiar with the latest marketing trends?

Have you work out the pros and cons of buying or selling first?

Do you have a step by step action plan?

Do you know that 73% of homeowners did not prep their house right for selling?


If you are looking to embark on this journey to change up your home to another HDB or upgrading to a private property, I hope this will be a useful guide for you to kick-start your process.

If you feel that it is best to speak with a professional agent first before starting on your property journey, or perhaps you would to gain access to my specialized skills set and strategies, feel free to reach out to me.

Bonus for my readers


My readers can request a 1-time free 30 min Dynamic Property consultation. Schedule one now


Property agent review - What my clients say about me

Mr Ang
Mr Ang
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As a investor interested in taking advantage of the booming property market in Singapore, I needed a realtor with in-depth knowledge of the local market. Using his understanding of the various sectors of the market, Rick generated a investment progression report and we decided to buy a condominium in a choice area with huge potential for multiple returns in the future. Thanks Rick, I will definitely be doing business with you for a long time!
Ms Claire
Ms Claire
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I am writing in to compliment Rick Huang for his invaluable service, for the sale of my Esparina Residences. The process was complicated but he was able to empathize with my situation and also provide brilliant advices that ensue the smooth transaction. In all, I am appreciative with his professionalism and human touch in this journey. Thank you!
Ms Ho
Ms Ho
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I was sceptical about engaging a friend to sell our house. However, Rick has put himself out on so many levels just to ensure everything went smoothly, promptly and correctly at every stage. I trust Rick and would surely recommend him to anybody seeking to buy or sell a home! I do not usually post reviews but this is worth investing my time. Thanks once again..
Ms Malar
Ms Malar
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His service is beyond my expectations. Always going the extra miles to serve his clients.
Ms Jo
Ms Jo
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My husband and I started our home-search by ourselves but was met with issues soon enough as we were unsure of the important things and areas to look out for and we were also not experienced in the negotiation process with the seller’s representing agent. Soon after hearing our problems, I was introduced to Rick by a friend. The entire buying process quickly became swift and smooth; Rick understands our needs, puts our personal interest first, seals us a good deal and educated us along the way about the important things and areas to pay attention to. Thumbs up to Rick and we will recommend him to anyone for their home-search
Mr Eddie
Mr Eddie
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"In short, Rick did an amazing job. He sold our house at a higher than initially discussed price and got us a good deal for our purchase. Both my wife and I are impressed with his professional yet friendly approach. We will definitely work with him again and recommend him to anyone."
Mr Liew
Mr Liew
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Rick is a very down to earth person. No hard sell or pushy technique. He helped us in planning for upgrade and showing us how to invest in property with in depth property analysis report.
Miss Chong
Miss Chong
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His service is superb. With his property mkt analysis skill, I managed to purchase my first property in Singapore. He is always patient and helpful whenever I have any query about property purchase procedure, especially the computation part of the downpayment. In nutshell, I am really grateful and appreciate for his support.
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Rick is an agent who has displayed his potential in his services. He provided us a very personalised guidance when we first approached him with an intention of purchasing a resale flat. With his knowledge and years of experience has made the entire purchasing process seamless. Thank you Rick for being a great friend and a fantastic agent!
Mr Mark
Mr Mark
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Rick service has a very personal touch. He was extremely patient and professional and does not rush us into making any decisions he provided us with sound advice whenever we have questions and was always ready to provide help with regards to any matter. What impress us the most was the extra step he went by assisting us with the purchase of our new home, even though this was in no way his responsibility to do so. Thank you for the hassle free experience Rick. Highly recommended
Mr Shawn
Mr Shawn
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"It was a pleasure working with Rick throughout my selling and upgrading journey. His recommendations and knowledge of financial calculations and preparations are impressive - even factoring in risk management specific to us, for the next 5 to 8 years. He has shown his expertise in real estate and guided us step by step all the way, making transactions effortless for us. Well done Rick!
Ms Shufen
Ms Shufen
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Rick has been our go-to agent for our past few property transactions He actually patiently brought us to many various property viewings (I think it was more than 10!) before we finally settled on the Cairnhill unit. Rick also helped us iron out all the issues encountered along the way and we are very thankful for his service. Hence, we will continue to engage Rick for all our property related matters. We have encountered many agents throughout the years but Rick is the one that has the most profound display of professionalism, knowledge and dedication in his job. Please keep up the good work!"
Ms Meena
Ms Meena
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Rick's guidance really helps us to sell our unit at a good rate. He did a excellent job giving us professional assistance from step by step till the keys are handed over to the new owner.
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Self Introduction


Rick Huang, Associate Deputy Group Director of OrangeTee & Tie, has been in the Real Estate industry for a decade.

He is driven, committed and is enthusiastic about real estate investments.

Today, he leads Team Youhome.sg, and together, he aims to provide his clients with the best experience in their property journey.

The team focuses on understanding the client’s finances and needs and is determined about delivering the best solutions and results for them.

Amidst the hustle and bustle, Rick enjoys quiet time and indulge himself in the intricate art of tea-brewing and teapot appreciation.

He would also take this chance to energize himself and reflect on his personal development and areas of improvement.

He is also a proud fur daddy to 2 rescue kitties and loves spending his free time with his wife and furbabies.

Related Articles:

Ever wonder if you are suitable for Sell one buy two investment concept? – Read more (Sell one buy two)

Is buying new launch or resale condo have better returns? – Read more (New Launch vs Resale condo)

Looking to upgrade from Hdb to condo? – Read more (Sell Hdb buy condo)

What to take note when selling Hdb resale flat? – Read more (Hdb Resale Process)

Buying another Hdb flat, and using the fund from current home? – Read more (Hdb contra)

Why do some Hdb flat price depreciate so much? – Read more (Hdb depreciation curve)

What is one of the most common reason for property negative sales? – Read more (Cpf accrued interest)

Financial calculation for selling a Hdb flat? – Read more (Hdb resale calculator)

Buying EC before selling your HDB? – Read more (Upgrade to EC before selling your HDB)

Should you sell your EC after 5 years? – Read more (Selling EC)

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