7 Answers

Hi, it is possible to do it concurrently, like renewing your HFE before you exercise your OTP.

Hi, hopefully you managed to get your doubt or query answered. If so, then congrats! Hopefully you are doing well now.

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Landon Chew
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  • Landon Chew
    Hi, yes as long as it is not expired. This is what HDB advises as below.

    If your HFE letter is expiring in the next 30 days and you need more time to secure an ideal home, you may apply for a fresh HFE letter*. To do so, please log in to the HDB Flat Portal, select My Flat Dashboard > I am a new/resale flat buyer > View Letter/ Re-apply HFE (Step 2 of Buying Process). HDB will process your application based on your latest circumstances and the prevailing policies. Until a fresh HFE letter is issued, you may continue using the existing HFE letter for a flat purchase, as long as it has not expired.

    If you have any other queries, feel free to reach out to me.
  • G
    If i m understanding you correctly, that means I can exercise the OTP first.
    Then renew the HFE for the actual final resale submission? Thank you very much!
Hi,

This is not allowed, as the same HFE letter must be valid at that point of exercising OTP as well as resale submission date (where Both seller and buyer submitted their portions). Otherwise your resale application submission will not be successful.

Hope the above clarifies. I am well-versed with HDB and private property transactions, having helped more than 100 homeowners transit smoothly with their housing plans. Please reach out to me at 97432395  for a more in-depth discussion :)

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Solution:

Renew HFE Before OTP: Ensure you renew your HFE before exercising the OTP. The renewal process usually takes a short time (a few days).

Negotiate with Seller: If the situation arises and your HFE is about to expire, communicate with the seller. You might be able to negotiate an extension on the OTP deadline to allow time for HFE renewal. However, this depends on the seller's agreement.

Important Reminders:

Plan and Communicate: Plan your timeline effectively to ensure a valid HFE exists throughout the OTP period. Communicate with the seller and agent regarding any potential HFE renewal needs.

Consult HDB: For the latest information and specific guidance, consult HDB directly. They can clarify any questions you have regarding HFE validity and the OTP process.
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Dear sir/mdm,

"The HFE letter is valid for 9 months from the date of issue and HDB is unable to extend its validity. If your HFE letter is expiring in the next 30 days and you need more time to secure an ideal home, you may apply for a fresh HFE letter if there are no changes in the applicant(s) and occupier(s) listed in the previous HFE letter application other than their employment or income. HDB will process your application based on your latest circumstances and the prevailing policies. Until a fresh HFE letter is issued, you may continue using the existing HFE letter for a flat purchased, as long as it has not expired."

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

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Hi, appreciate your sharing
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More
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Hi you need to apply new HFE that valid till the submission date. try talk to seller about your issue.

Feel free to contact me.

Regards,
Mei Foong
 8938 7686  Read More
0
Hi,

This is not allowed as the same HFE letter (With the same reference no) has to be used when exercising the OTP AND resale submission. My suggestion is to renew the HFE first, call HDB to explain your situation and ask them to expedite.

Hope this helps,

This platform does not allow me to contact you directly so kindly contact me at
https://wa.me/6597261112 I would be glad to assist you further.

Thank you and best regards,

Jenny Tran
Propnex Realty Pte Ltd
(HP) +65 97261112 
(Email) jenny.tran@propnex.com
BSc (Real Estate) (Hons)-NUS

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