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Morning,

Depending on which area your unit is located, you might need to start marketing at an earlier time line. You are require to sell away your existing HDB unit within 6 months from key collection and extension are subjected to prior approval.

Do contact me for detailed discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

In Singapore, the standard timeline for selling your existing HDB flat after receiving your BTO keys is six months. However, under certain circumstances, you might be able to request an extension from HDB.

Your understanding of the timeline is mostly correct, but there are some nuances:

1. **Marketing Before Key Collection:** You can start marketing your flat before collecting the keys to your BTO. This allows you to gauge buyer interest and potentially secure a buyer before the six-month countdown begins.

2. **6-Month Timeline:** The official six-month timeline for selling your existing HDB flat begins from the date you collect your BTO keys.

3. **Extension of 3 Months (Case-by-Case):** HDB might grant an extension of up to three months in specific situations, such as:

* **Medical grounds:** If you or a family member has a serious medical condition that requires urgent relocation.
* **Financial hardship:** If you face financial difficulties that prevent you from selling within the initial six-month period.
* **Other extenuating circumstances:** HDB might consider other compelling reasons for an extension.

4. **Total Time to Sell:**

* If you secure a buyer and complete the transaction before collecting your BTO keys, there's no issue.
* If you start the process (register Intent to Sell, grant OTP, etc.) after collecting the keys, you have six months, with a potential extension of three months (if approved) - so a maximum of nine months.
* The one-month period before key collection is for marketing and finding a buyer, not for completing the transaction.

**Important Note:**

* The extension is not automatic and requires a valid reason and supporting documents.
* Submitting an extension request does not guarantee approval.
* Even with an extension, failing to sell within the extended timeframe can lead to penalties or even compulsory acquisition by HDB.

**Recommendations:**

* Start marketing your flat as soon as possible, even before receiving your BTO keys.
* If you anticipate difficulties selling within the six-month period, contact HDB to discuss the possibility of an extension.
* Engage a property agent to help you with the selling process and navigate any potential challenges.

I hope this clarifies the timeline and potential extension for selling your HDB flat. Good luck with your sale and move!
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(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255 

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** Connect Singapore Line: (65) 9856*9255 Read More