1. Apply HLE (must be approved before placing an Option Fees) / Bank Loan
2. Submit “Intent to Buy” through HDB website

• Place $1,000 “Option Fees” to seller in exchange for Option To Purchase document (Option must be exercised within 21 days, if not, it will expire after 21 days and $1,000 will be forfeited).
• Request for HDB Valuation (within 24 hours).
• Get bank loan approval if taking loan from banks.
• Once Valuation Report is out (within 1 to 2 weeks), buyer can choose to Exercise the Option by placing $4,000 “Exercise Option Fees” to seller.
• HDB Submission online via HDB Resale Portal ($80 administration fees).

1. Prepare a softcopy of marriage certificate.
2. Prepare softcopy of parents IC image front and back, marriage certificate if taking Proximity Grant.
3. Bank Loan Approval and Appointed Solicitor’s letter if taking a bank loan.

• HDB Approval letter will be sent to both Seller and Buyer within 2 weeks. Approval letter will state the completion date (Completion date is normally 8 weeks from the last party that completes the HDB Submission online).
• HDB will request for Conveyancing payment via HDB Resale Portal (Approximately 1 month before completion date).
• Endorsement of all documents online (will be instructed by HDB approximately 1 month before completion date).
• HDB will advice the pro-rated amount in the Property Tax payable to seller, if any.
• Apply for Housing Insurance (to be done before HDB Completion).
• Apply for SP services (to be activated on any specific date required by buyer) .
• Completion at HDB.

HDB grants:
HDB WEBSITE – First timers applicants scheme

Family Grant – $50,000 (2rm to 4rm flat, income ceiling $14,000)

Family Grant – $40,000 (5rm and above, income ceiling $14,000)

Singles – $25,000 (2rm to 4rm flat, income ceiling $14,000)

Singles – $20,000 (5rm and above, income ceiling $14,000)

Family Proximity Grant – $30,000 (live with parents/child)

Family Proximity Grant – $20,000 (within 4km to parents or live with parents)

Singles Proximity Grant – $15,000 (live with parents/child)

Singles Proximity Grant – $10,000 (within 4km to parents or live with parents)

Enhanced CPF Housing Grant – up to $80,000 (average income not more than $1,500 / month)

HDB lease: 
HDB WEBSITE – Regulations for renting out your flat