The HDB Resale Portal is a comprehensive on the internet platform supplied by the Housing and Development Board (HDB) in Singapore, aiming to facilitate the resale transactions of public housing flats in between purchasers and sellers. This portal serves as a one particular-halt Option for buyers to deal with their resale flat transactions competently.
Vital Functions:
Listing: Sellers can checklist their HDB flats within the portal, offering crucial specifics like place, size, price, as well as other associated information.
Look for Purpose: Possible consumers can easily try to find readily available resale flats determined by certain criteria which include site, funds, dimension, and more.
Eligibility Test: The portal allows users to examine their eligibility for buying or advertising an HDB flat determined by numerous things like citizenship standing and possession historical past.
Valuation Service: The portal provides a valuation service that gives an estimated market place value of the flat to help sellers in check here setting a competitive rate.
Resale Application: Buyers can submit their resale apps with the portal, streamlining the method and decreasing paperwork.
Transaction Timeline Updates: Both equally purchasers and sellers get real-time updates about the position of their transaction milestones by means of the portal.
Benefits:
Usefulness: Buyers can accessibility all important services and data conveniently by way of a one on-line platform devoid of Actual physical visits.
Transparency: The portal enhances transparency by delivering precise market details, tips, procedures, and regulations linked to HDB resale transactions.
Effectiveness: Transactions are processed speedier due to digital submission of documents and automated processes within the portal.
Expense-powerful: Buyers help you save time and money by utilizing on-line providers as an alternative to participating 3rd-social gathering brokers for related jobs.
**Consumer-Pleasant Interface: