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Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

author:Singapore Eye

Now on the HDB website, you can buy and sell HDB flats directly! The new service, called Resale Flat Listing service, is designed to make transactions more transparent, reliable and secure.

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

Today (May 13), the new service began trial operation. Qualified sellers and real estate agents are invited to test the feature just to familiarize them with how to use the service. The service is expected to be fully launched by the end of this month.

想卖房子的话,首先得向建屋局注册申请售屋意向书(Intent to Sell)。 而想买房的话,就得有建屋局发的购屋资格通知书(HDB Flat Eligibility Letter,简称HFE通知书)。

Both parties need to log in through Singpass to ensure the authenticity and reliability of the transaction. When using the service, the system will automatically calculate and design a personal payment plan based on the information in their eligibility letter, helping them to know whether the property they are looking for is within their budget.

Search easy: Narrow down as needed

In the past, when looking for a house, you either found a real estate agent or searched on other websites, and sometimes the house you liked was long gone. But now it's different! If you want to sell a home, upload photos and descriptions directly to the platform, and the system will automatically add other necessary information, and the information of new flats such as BTO flats and remaining HDB flats will also be included in this service, so that they can be compared with resale houses!

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

A feature for apartment sellers, when the seller lists an apartment on the RFL service, they only need to add a photo of the apartment and a description of the apartment.

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

If you want to buy a house, you can search by location, property type, and number of years remaining, and you can also enter your race and nationality to let the system help you consider the restrictions of the racial integration policy and the permanent resident quota system to see which houses are eligible.

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

A feature for condo buyers where buyers can compare new and resale condos during the launch of the sale.

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

Features for condo buyers, payment plans for shortlisted condominiums.

In order to ensure the reasonableness of the house price, the platform will also review the price marked by the seller. If the price is too high, exceeding 10% of the market price, the system will remind the seller to adjust.

Serve buyers and sellers and stimulate autonomous transactions

PreviousHow to buy an HDB flat for Singapore permanent residents:

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

This new service not only provides convenience for buyers and sellers, but also allows real estate agents to better serve their customers. And according to the data, 15,000 sellers and buyers process resale transactions themselves every year, equivalent to a quarter of the total.

This new service offers more convenience and may encourage more people to handle transactions themselves.

Can you buy and sell HDB flats on the HDB website? There is a reminder when it is expensive

Buyers with a valid HFE letter can book a viewing appointment for the apartment they are interested in directly through the RFL service on the HDB apartment portal.

If you are interested, you can check the HDB website or click here.

Singapore Eye has a real estate group, if you want to know more about Singapore real estate, you can add xinjiapoyan2 or scan, please add customer service WeChat note "real estate" into the group.

FS丨Editor

HQ丨Editor

Housing and Development Board丨Source

Housing and Development Board丨Source

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