New: You can now listen to articles.SINGAPORE: The Housing and Development Board will extend the validity of all existing and new HDB Flat Eligibility letters to nine months, up from the current six months.
when their existing HFE letters expire, HDB said in a press release on Saturday , adding that the extension would take effect from Tuesday.Since its implementation, HDB said it has processed more than 65,000 applications from both resale and new flat buyers, of which 60,600 applications were approved and issued with HFE letters.
Existing HFE letters will have their validity extended to nine months from the date of issuance of the letter and applicants with a valid HFE letter will be informed of this automatic extension progressively via SMS. It added the validity extension would also help to reduce the number of reapplications and document submissions required for flat buyers who need more time to secure their homes.
Source: Real Estate Daily Report (realestatedailyreport.net)
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