The HDB Resale Portal is a comprehensive on-line platform supplied by the Housing and Progress Board (HDB) in Singapore, aiming to aid the resale transactions of community housing flats amongst potential buyers and sellers. This portal serves as a one-stop solution for users to manage their resale flat transactions competently.
Vital Features:
Listing: Sellers can record their HDB flats to the portal, giving necessary information including area, dimension, price, and other similar information and facts.
Research Perform: Prospective potential buyers can certainly hunt for accessible resale flats based on precise requirements like locale, funds, dimension, and more.
Eligibility Test: The portal enables buyers to check their eligibility for getting or marketing an HDB flat according to many aspects like citizenship position and ownership record.
Valuation Provider: The portal provides a valuation support that gives an estimated current market value of the flat to help sellers in setting a competitive rate.
Resale Application: People can submit their resale programs in the portal, streamlining the process and cutting down paperwork.
Transaction Timeline Updates: Each prospective buyers and sellers receive true-time updates on the status in their transaction milestones by using the portal.
Advantages:
Advantage: Users can accessibility all important services and data conveniently by website way of a one online platform with no Actual physical visits.
Transparency: The portal boosts transparency by supplying correct current market information and facts, recommendations, policies, and restrictions connected to HDB resale transactions.
Efficiency: Transactions are processed quicker on account of electronic submission of paperwork and automatic procedures in the portal.
Charge-helpful: Buyers save time and money by utilizing on-line providers as an alternative to participating third-social gathering agents for equivalent duties.
**User-Friendly Interface: