I had recently sold off my HDB unit and is currently pending a date from HDB on the completion date. I would like to find out what is the HDB completion date/duration now knowing that standard is 8 weeks (as stated on their website), but in view of current covid situation will it drag longer? Any one have submitted and waited more than 8 weeks for completion?
The completion date will be within 8 weeks from the date of HDB’s acceptance of the resale application, unless extended by HDB.
Upon receipt of a complete resale application from the flat sellers and buyers, HDB will verify the eligibility of flat sellers and buyers, and review the supporting documents submitted. If the application is in order, HDB will notify the flat sellers and buyers of its acceptance of the application via SMS and emails within 7 working days, and post the application progress update in the HDB resale Portal. The date of HDB’s acceptance of the resale application makes the beginning of the 8- week processing time.
HDB will grant an approval for the resale, typically within 2 weeks after the sellers and buyers have endorsed on the documents prepared by the HDB. Buyers and sellers are advised to respond promptly to prevent any delay or cancellation of the resale application.
Once the resale application is approved, flat sellers and buyers will be notified via SMS and emails. The approval letter will also be posted on the HDB Resale Portal for buyers and sellers viewing.
During these 8 weeks, buyers and sellers are required to endorse documents which HDB have prepared for them, through the HDB Resale Portal and pay the necessary fees online.
The seller may request for a Temporary Extension of Stay which grants him or her no more than 3 months from the Resale Completion Date to move to his or her new home. You can read more about it here: https://www.hdb.gov.sg/cs/infoweb/e-resale/temporary-extension-of-stay-by-flat
Therefore, the entire process should take 5 months maximum.
Hope this answers your question.
The best is to check with your agent. He / she will be the best person to advise you as not sure when seller aka you and buyer submitted their portion. The completion now is no longer 8 weeks due to Covid, base on my last few transactions, is ard 10 weeks.. Cheers..
Associate Group Director
Propnex Realty Pte Ltd
After you have done the submission, HDB will take 2 weeks to process and accept the application. Once the application is accepted, the completion will be scheduled 8 weeks from the acceptance date and you will receive a SMS from HDB with the completion date.
Please feel free to contact me if you have any other questions with regards to the timeline!
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