When the service is officially launched later in May, buyers will be able to access the listings and begin transactions with sellers.From May 13, sellers of Housing Board flats or their property agents can list their homes for sale directly on the HDB Flat Portal.
When they create a listing, it will be automatically filled with details such as the address, flat type, floor area and floor plan, which is retrieved from HDB’s data. Sellers will only need to upload photos and descriptions of their flat. Once listed, sellers can create viewing appointments that interested buyers with a valid HDB Flat Eligibility letter can book.Once their flat buyer submits a request for value, which has to be done a day after being granted the option to purchase, the listing would automatically be taken down.Any prospective flat buyer can browse the resale listings on the HDB flat portal, but only those with a valid HFE letter can obtain the sellers’ contact details and schedule viewing appointments.
A resale flat listing will show the recent transacted prices of similar flats nearby, amenities in the area and ethnicity and citizenship quotas. Buyers with an HFE letter can view personalised payment plans based on their approved housing grant and HDB loan amount, so that they can more accurately assess if the shortlisted flats are within their budget, HDB said.
Source: Real Estate Daily Report (realestatedailyreport.net)
PUBLIC HOUSING RESIDENTIAL PROPERTY
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