Services
Selling a Resale HDB
Thinking of selling your resale HDB? Whether upgrading or moving on, we’re here to make it easy. Our experts will guide you every step, ensuring a smooth process and helping you secure the best price.
Why Sell Your Resale HDB?
Is your HDB flat still right for you? With rising values, selling could unlock new opportunities. Explore your options today!
Upgrading
Homeowners sell their HDB flat to upgrade or move to private condos, while retirees downsize to save on maintenance.
Life Changes
Life changes like marriage, divorce, or a growing family may prompt homeowners to sell their HDB flat for a more suitable housing option.
Relocation
Some homeowners sell to be closer to work, schools, or amenities like parks and shopping centers for added convenience.
Financial Factors
Homeowners facing financial challenges may sell their HDB flat to reduce debt, free up cash, or reinvest in better opportunities.
How We Help You Sell
We simplify selling! Our team handles pricing, marketing, and paperwork for a smooth resale HDB sale at the best price.
Property Valuation
We provide a comprehensive market analysis to give you a realistic and competitive listing price.
Step-by-step Guidance
Our team will assist with the HDB resale process, managing documents and legal matters for a smooth, timely completion.
Negotiation Expertise
We work hard to secure the best deal for your HDB, so you get top value for your property.
What Clients Are Saying
- I feel lucky to have met such a kind, helpful agent. You’re knowledgeable, proactive, and always kept me updated, especially on the 7th property cooling measures. I truly appreciate your ...
- Thank you for helping us secure our dream unit in Lilydale! Despite the seller’s demands and high demand for the unit, your drive, passion, and knowledge made it happen. We ...
- Patricia was incredibly professional and a pleasure to work with. She recently helped my son purchase his condo, providing all the resources to make the process smooth and stress-free. I ...
- Patricia’s patience and expertise made condo investing a breeze. Her valuable advice throughout the process helped me make a confident, informed decision. ...
- Patricia was patient, explained my financial options, arranged many viewings, and followed up even after I got the keys. She’s sweet but assertive in negotiations. Highly recommended! ...
- Patricia’s warm approach was a key factor in choosing her. Her honesty and willingness to suggest alternative options helped us connect throughout the process. ...
Frequently Asked Questions
Got questions? We've got answers! Find everything you need to know about Selling a Resale HDB right here.
Get a Free ConsultationWho is eligible to sell a resale HDB flat?
To sell your HDB flat, you must have fulfilled the Minimum Occupation Period (MOP), which is typically 5 years. Both Singaporean citizens and permanent residents are eligible, provided they meet this requirement.
Can I sell my HDB flat to a foreigner?
Only Singapore citizens and permanent residents are eligible to buy HDB flats, so you cannot sell directly to foreigners.
Do I need to pay any taxes when selling my HDB flat?
Generally, there are no capital gains taxes on property sales in Singapore. However, sellers may be subject to resale levies if they are planning to buy another subsidized flat.
How long does it take to sell a resale HDB flat?
The timeline depends on market demand and the buyer’s financing process. Typically, it takes around 3 to 6 months from listing to completion of the sale.
Can I engage a property agent to sell my HDB flat?
Yes, engaging a licensed property agent can simplify the process by handling the marketing, negotiations, and paperwork. Agent fees are usually 2% of the final selling price.
Do I need to pay any fees to HDB when selling my flat?
You’ll need to pay administrative fees, such as the resale application fee. You might also have to pay property tax and legal fees, depending on your situation.
Can I sell my HDB flat if it still has a loan?
Yes, you can sell your flat if you still have an outstanding loan. The outstanding loan will be settled using the proceeds from the sale, with any balance paid out to you.
What is the process of selling a resale HDB flat?
The process involves determining eligibility, listing the flat, finding buyers, negotiating the price, and submitting the resale application through HDB. The entire process typically takes 8 to 12 weeks.
How do I know how much my resale HDB is worth?
The value of your HDB flat is determined by current market conditions, location, size, and the condition of the flat. A professional property agent or a valuation by HDB can help you assess the fair market price.
What documents are needed to sell a resale HDB flat?
You’ll need your NRIC, marriage certificate (if applicable), loan documents, and a copy of your flat’s valuation report, among others. Your agent can assist with the full list of required documents.