The treatment for buying a resale HDB flat in Singapore is actually a multi-step system that commonly spans a number of months. The First and most important step is to obtain a valid HDB Flat Eligibility (HFE) letter, which determines the buyer's eligibility to the flat order, housing grants, as well as a housing personal loan. Just after securing the HFE letter, the customer queries for just a flat and requests a possibility to invest in (OTP) from the vendor, and that is then exercised in just 21 times. Subsequently, the buyer have to post their resale application to HDB, such as all required files. HDB will then price the flat and timetable a first appointment for both get-togethers. The process culminates inside the completion from the transaction, exactly where the customer and seller meet up with at the HDB Hub to indicator the final paperwork and acquire the keys. The complete get more info system, from obtaining the HFE letter to the ultimate completion, normally usually takes about three to five months.