Plan your selling, buying and upgrading timeline smartly.
Buyer checks HFE, CPF, loan and cash. Seller submits Intent To Sell.
Buyer pays option fee, usually up to S$1,000.
Buyer exercises OTP and pays exercise fee.
Buyer and seller submit resale application to HDB.
HDB processes valuation, eligibility and CPF usage.
Buyer pays balance and seller hands over keys.
Buyer checks IPA, TDSR and affordability.
Buyer and seller negotiate pricing and completion.
Buyer usually pays 1% option fee.
Buyer pays another 4%.
Lawyers handle conveyancing and bank matters.
Seller hands over vacant possession and keys.
Buyer checks affordability and shortlisted projects.
Buyer visits showflat and reviews pricing.
Buyer submits e-application before booking day.
Buyer selects unit and pays 5% booking fee.
Developer issues OTP and legal documents.
Buyer pays stamp duty and remaining downpayment.
Payments follow construction stages until TOP.
Buyer collects keys after TOP.