Flat owners can now list their units for sale on HDB portal

The latest enhancement to the portal aims to streamline the process of buying and selling a flat.SINGAPORE — Owners of Housing Board flats or their property agents will have the option to list their homes for sale on the HDB Flat Portal from May 13.

Buyers will need an HDB Flat Eligibility letter — which indicates their eligibility to buy a flat, receive grants as well as financing options — to schedule viewings with sellers. This is so they can make an informed decision on their listed price, which promotes a more sustainable property market in the long run, HDB added.

HDB added that it will work with the Council for Estate Agencies to investigate and take enforcement action if property agents are suspected of professional misconduct. To make the HDB Flat Portal a "one-stop platform" for buyers, the resale flat listing service will be integrated with financial calculators, loan listing services and information on the buyer's HFE letter.

HDB said it would reach out to eligible flat sellers by e-mail from the soft launch on May 13 to provide them early access to list their homes on the platform. They can also appoint property agents to do so on their behalf.The board said the service was developed in collaboration with the public and industry stakeholders, including real estate agencies and property portals.

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5-room HDB flat resold for record $1.588M price in Tiong BahruThis sale establishes it as Singapore's most expensive HDB flat ever sold!
Source: IndependentSG - 🏆 9. / 63 Read more »

What you need to know about HDB’s resale flat listing serviceThe HDB Flat Portal will be officially launched later in May.
Source: The Straits Times - 🏆 8. / 63 Read more »

Sellers can list their flats on HDB Flat Portal from May 13The service will be free of charge for the time being, HDB said.
Source: The Straits Times - 🏆 8. / 63 Read more »

New resale flat listing service by HDB aims to provide convenience and be a 'trusted' marketplaceTo create a “more reliable and trusted marketplace” for property listings, the new service by HDB will have features such as prompts for sellers who have listing prices that exceed recent transaction prices in the area by 10 per cent or more.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Authorities flag $2m HDB flat listings, including misleading ad for jumbo unit in SengkangThe authorities are aware of the listings put up by two property agents and are investigating.
Source: The Straits Times - 🏆 8. / 63 Read more »

Authorities flag $2m HDB flat listings, including misleading ad for jumbo unit in SengkangThe authorities have flagged the listings of two HDB flats that were put up for sale for $2 million – one listing was for two adjacent five-room flats in Sengkang marketed as a jumbo flat, while the other was a five-room flat in Toa Payoh with an “unrealistic asking...
Source: thenewpaper - 🏆 7. / 63 Read more »