The procedure for purchasing a resale HDB flat in Singapore is usually a multi-action approach that generally spans several months. The Preliminary and most crucial action is to acquire a sound HDB Flat Eligibility (HFE) letter, which decides the client's eligibility for that flat buy, housing grants, and also a housing loan. Right after securing the HFE letter, the buyer searches for a flat and requests an Option to Purchase (OTP) from the vendor, which happens to be then exercised within 21 times. Subsequently, the buyer should post their resale application to HDB, which includes all required files. HDB will then price the flat and plan a primary appointment for both of those events. The procedure culminates from the completion with the transaction, the place the buyer and seller meet up more info with on the HDB Hub to indication the final documents and get the keys. The complete process, from obtaining the HFE letter to the final completion, usually normally takes about a few to 5 months.