After you have downloaded Ohmyhome App, start your journey by choosing I am a "Seller" from the list. If you prefer to use the website, start by clicking the "Sign-up" button.
Seller registers an Intent to Sell in the HDB Resale Portal. The Intent to Sell is valid for 12 months. You will need to re-apply an Intent to Sell if you do not submit your resale application within 12 months.
MOP in most cases require you to physically occupy your flat for 5 years before selling it in the open market.
The HDB resale portal is a single platform for integrated Eligibility Checks, this includes the available quota in the block/ neighbourhood for the different ethnic groups and citizenships under the Ethnic Integration Policy (EIP) and Singapore Permanent Residents (SPR) quota.
Click "Post a Property", choose "For Sale". Input your flat address.
You may schedule an open house. Learn more about Ohmyhome's Open House Feature.
Buyers will chat with you when they are interested with your flat. Enable chat notifications to be notified when a potential buyer chats with you. Learn more about DIY Marketing for your Resale Home and Rental Flat
Here are some simple tips to make your home welcoming and attractive. Learn more about how to Make Home Buyers Fall in Love with Your Flat in 3 Steps
For safety reasons, it is advisable to have someone with you when conducting a viewing.
Either you or the buyer may reconfirm the viewing schedule the day before. You may contact the buyer and send a message like this; "Hi, see you tomorrow at 7 pm in my flat at Block 671B Unit #04-06 Serangoon Road for the viewing. Please confirm that you are coming. Thank you."
Do not let your buyer wait, be prepared to show off your home to the potential buyer.
Thank the buyer for his time and ask him a specific date when he can update you about his decision. It is advisable to follow up with the buyer within a week.
Appointments and offers are made through the in-app chat with the Buyer. The Buyer may offer a lower purchase price, be prepared to negotiate and agree on the resale price of the flat with the Buyer.
You will grant an Option to Purchase (OTP) to the Buyer to purchase the resale flat at the agreed resale price. In exchange, the Buyer pays an Option Fee to you.
Once an OTP is issued, it is only valid for 21 days. If you haven't issued the OTP, then you can continue to schedule viewings. But if you have issued, your offer is for a fixed period (“Option Period”) during which the you cannot sell the flat or make offers to other buyers.
Upon exercise of the Option to Purchase, the Buyer and you enter into a binding contract for the sale and purchase of the resale flat. If you have an existing loan with a bank, you will need to engage a lawyer for conveyancing and loan redemption. Learn more about Conveyancing in Singapore.
If you have an existing loan with HDB, you will need to engage a lawyer from HDB for conveyancing and calculate the necessary legal fees.
A resale transaction takes about 8 weeks (from the date of HDB’s acceptance of the resale application) to complete. Both the sellers and buyers will be informed of the completion date in the completion letter, and to attend a completion appointment at HDB Hub.
If you are not be able to move out immediately upon the legal completion of the sale, you can arrange with the flat buyers to extend your stay temporarily in the flat. The maximum extension period up to 3 months after the legal completion. The request is to be submitted to HDB at the time of the resale application. An administrative fee of $20 (inclusive of GST) is payable by the flat buyers.
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