Minimum occupation period
Confirm your exact MOP date in MyHDB. Standard flats are generally five years; Plus and Prime flats are generally ten.
Independent pre-sale knowledge
Understand first.
Sell with intent.
Before engaging any salesperson, understand the rules that apply to you, check the market evidence and know the financial result your family needs.
Begin the seller's learning path ↓01 · Before listing
Can you sell your flat now?
Confirm these four essentials before you list.
Buyer quota position
Check the EIP—and SPR quota where applicable—in your Intent to Sell result.
Charges and restrictions
Review Seller's Stamp Duty, upgrading costs, property tax and outstanding town-council charges.
Intent to Sell
Register through My Flat Dashboard before granting an OTP, then observe the seven-day cooling-off period.
Official checksHDB sale eligibility ↗IRAS Seller's Stamp Duty ↗
02 · Rules and obligations
Know what becomes legally binding.
Understand the commitments that become binding once money changes hands or documents are signed.
Use HDB's prescribed OTP.
The seller must have a valid Intent to Sell and complete the cooling-off period before granting the OTP. Once exercised, the OTP becomes a binding sale contract.
MOP and SSD are different tests.
Meeting the HDB occupation requirement does not by itself determine Seller's Stamp Duty. Check the IRAS holding-period rules separately.
Housing usage must be refunded.
Sale proceeds first discharge the outstanding loan, then the required CPF principal and accrued interest, before the remaining cash is released.
The buyer may request an HDB value.
That value forms the basis for CPF usage and housing-loan reference. If HDB requires an inspection, the seller must provide access within the required timeframe.
Outstanding amounts can delay completion.
Resolve property tax, service and conservancy charges, upgrading costs and other HDB or town council amounts early.
Understand the agency agreement.
If you appoint an agent, read the scope, duties, commission and exclusivity terms. Your appointed agent cannot also represent the buyer in the same transaction.
03 · Market price check
Price your flat for today's market.
Use nearby transactions and today's competing listings—not the highest headline in the town.
Recent transactions
Use the same town, flat type, approximate age and nearby blocks—not one exceptional sale.
Remaining lease
Lease length affects buyer financing, CPF usage and the size of the buyer pool.
Floor and orientation
Floor level, privacy, heat exposure, view, lift access and noise can change buyer demand.
Condition of the flat
Move-in condition can support the price, but renovation cost rarely translates dollar-for-dollar.
Competing listings
Your flat competes with what buyers can view now, not only with transactions from previous months.
Your timing
A faster completion, extension request or strict move-out date can affect how attractive the deal is.
Set three numbers
A pricing plan, not one hopeful number.
The range supported by the closest comparable transactions.
Your opening position after accounting for condition and competition.
The lowest result that still supports your next-home and cash plan.
Why the HDB value matters to your buyer
The agreed resale price and HDB's value are not automatically the same. HDB's value is used as the basis for the buyer's CPF usage and as a reference for the housing loan, so a large difference can reduce the number of buyers able to complete the purchase.
Understand Request for Value ↗04 · Your actual outcome
The selling price is
not your cash proceeds.
Before committing to a next purchase, calculate what leaves the sale and what returns to CPF.
Sale price−Loan−CPF refund−Costs=Cash proceeds
Numbers to retrieve
- 01Outstanding housing loanUse the latest redemption amount from HDB or your bank.
- 02CPF principal + accrued interestCheck the “What Happens If” section in your CPF Home ownership dashboard.
- 03Sale-related costsLegal fees, agent commission if applicable, upgrading costs and other amounts due.
- 04Cash already receivedInclude option monies when planning cash available at completion.
05 · Resale process
Know the resale sequence before viewings begin.
Know each milestone before marketing begins, then allow enough time for HDB submission and completion.
01Prepare
Check eligibility
Confirm your MOP, EIP and SPR quota position, upgrading matters and any Seller’s Stamp Duty exposure.
02Register
Register Intent to Sell
Register through My Flat Dashboard, then observe the required 7-day cooling-off period.
03Market
Price and market the flat
Compare nearby transactions, prepare for viewings and agree your minimum acceptable outcome.
04Agree
Grant and exercise the OTP
Once terms are agreed, grant HDB’s prescribed OTP. The buyer has 21 days to exercise it.
05Submit
Submit both applications
Seller and buyer submit separately within the agreed period and within 7 calendar days of each other.
06Complete
Endorse and complete
After HDB accepts the application, allow about 8 weeks for processing and resale completion.
Important timing
HDB states that complete resale applications may take up to 28 working days to accept, followed by about 8 weeks to completion. Build a buffer around those milestones.
View HDB application process ↗07 · Ready-to-engage check
Make the key decisions before the paperwork.
Know these answers
- Have all owners met the MOP and checked SSD?
- What evidence supports the realistic price range?
- What is the minimum acceptable net outcome?
- Where will everyone live after completion?
- What completion timing can you accept?
- What help do you actually need from an agent?
Retrieve these figures
- Latest housing-loan redemption amount
- CPF principal and accrued-interest refund
- Property tax and town council status
- Outstanding upgrading or HDB charges
- Estimated legal and marketing costs
- Cash and CPF required for the next home
Advice comes after understanding
Now turn your knowledge
into a selling plan.
Bring your questions about likely price, proceeds and next-home timing, and we can help you make sense of the next steps.
Discuss my situation →