Buying HDB

Updated: Sep 2

This article is written for the preparation in buying a HDB.


Intent to Buy

Intent to buy is the first step to be done on online HDB resale portal to check if the buyer is eligible to buy. Prior to that, if the buyer is taking a HDB Loan, they should apply HLE letter beforehand as it usually takes about 3 weeks to approve.

Timeline

Attached is the procedure in buying a HDB.

A temporary extension of stay of 3 months may be requested by the seller and it is subjected to both parties' agreement.


Financial Calculation

You can finance a resales HDB using cash, CPF or housing loan.

On top of the purchase price, there is stamp duties, legal fees and misc fee.