HDB resale portal – Easier resale HDB transactions in 2018?

Get The Property Insights Serious Buyers Read First: Join 50,000+ readers who rely on our weekly breakdowns of Singapore’s property market.

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.
If you have always thought of buying or selling your own HDB, there is no better time to do that because as of 1st January 2018, the new HDB resale portal has been launched in Singapore. With nearly 30 percent of transactions in the first half of 2017 being completed without an agent, this is a step forward in the right direction and brings about many benefits for buyers and sellers in Singapore.
So here is everything you need to know about the new HDB resale portal!

Faster resale transactions



The new HDB resale portal will enable transactions to be shortened considerably from 16 weeks to 8 weeks instead. This is because the portal integrates all eligibility checks within a single platform. Back before, there were many things to do such as submit a resale checklist and applying for a flat valuation. These were all different steps in different parts of the HDB website. However, now everything will be consolidated and done on one single portal. So now you will only have to go for one appointment with HDB instead of two previously. Considering many people had to take time off from work to attend these appointments, this means more free time for Singaporeans!
Do everything on the HDB resale portal
As the new HDB resale portal is a one-stop service, you will be able to see the whole resale process on the site clearly from start to finish. This makes the whole process very clear cut and straightforward as you will be guided from the start to finish. As you can log in with your Singpass, this will minimise the need for buyers and sellers to spend unnecessary time to key in any information as it will pull commonly used data by Government services for all relevant forms. You will also be able to check your eligibility to buy or sell the flat, the available quotas in your neighbourhood as well as the recent transacted prices of nearby flats (this is really useful).
More from Stacked
A 20-Year-Old Tampines Condo Gets A British-Inspired Transformation Into A Cosy Home
With a strong sentimental value behind their stay in London, it's only natural that Peishan and James decided to bring…

Property AdviceCPF Accrued Interest: Why You Should Not Pay For Your HDB With CPF
by SeanHDB valuation done directly on the HDB resale portal
Another important change is that the valuation of a resale HDB will now be done on the portal itself. Previously, the buyer had to book a valuation with the HDB to get someone to come down to do a valuation. Now that everything is done online, this will truly streamline the transactions and expedite the process.
Cheaper transaction costs
The valuation done by HDB will now cost $120 for all flat types! This used to be $156.45 for 2 room flats and $226 for 3 room and larger flats.
Lastly, do note that electronic payment may be limiting in certain cases as the transaction payment may be too big so customers will have to go down to HDB hub to settle any payments. Also the site is currently only in english so non-english speakers may have trouble navigating the site. In these cases, it is suggested that you seek assistance from the HDB.
As always, if you have any comments feel free to reach us at hello@stackedhomes.com. If you like to know more about buying a resale HDB prices you can look at our guide on Punggol here!
Sean
Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.Read next from Property Market Commentary

Property Market Commentary A First-Time Condo Buyer’s Guide To Evaluating Property Developers In Singapore

Property Market Commentary Why More Young Families Are Moving to Pasir Ris (Hint: It’s Not Just About the New EC)

Property Market Commentary This Upcoming 710-Unit Executive Condo In Pasir Ris Will Be One To Watch For Families

Property Market Commentary Which Central Singapore Condos Still Offer Long-Term Value? Here Are My Picks
Latest Posts

New Launch Condo Reviews Transforming A Dual-Key Into A Family-Friendly 4-Bedder: We Revisit Nava Grove’s New Layout

On The Market 5 Cheapest HDB Flats Near MRT Stations Under $500,000

New Launch Condo Reviews The Robertson Opus Review: A Rare 999-Year New Launch Condo Priced From $1.37m

Singapore Property News Higher 2025 Seller’s Stamp Duty Rates Just Dropped: Should Buyers And Sellers Be Worried?

Pro Same Location, But Over $700k Cheaper: We Compare New Launch Vs Resale Condos In District 7

Property Trends Why Upgrading From An HDB Is Harder (And Riskier) Than It Was Since Covid

New Launch Condo Analysis This Rare 999-Year New Launch Condo Is The Redevelopment Of Robertson Walk. Is Robertson Opus Worth A Look?

Pro We Compared New Vs Resale Condo Prices In District 10—Here’s Why New 2-Bedders Now Cost Over $600K More

Singapore Property News They Paid Rent On Time—And Still Got Evicted. Here’s The Messy Truth About Subletting In Singapore.

New Launch Condo Reviews LyndenWoods Condo Review: 343 Units, 3 Pools, And A Pickleball Court From $1.39m

Landed Home Tours We Tour Affordable Freehold Landed Homes In Balestier From $3.4m (From Jalan Ampas To Boon Teck Road)

Singapore Property News Is Our Housing Policy Secretly Singapore’s Most Effective Birth Control?

On The Market A 10,000 Sq Ft Freehold Landed Home In The East Is On The Market For $10.8M: Here’s A Closer Look

On The Market 5 Spacious Old But Freehold Condos Above 2,650 Sqft

Property Investment Insights We Compared New Launch And Resale Condo Prices Across Districts—Here’s Where The Price Gaps Are The Biggest

[…] you can expect your Second Appointment in about 8 weeks as that will be the time it takes for the resale transaction to be […]