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I'm in process of submitting a HFE and there is a section for getting IPA from banks through the HDB Portal. Understand that IPA may be only valid for 30 to 90 days. If I'm requesting the IPA from one of the participating banks through the HDB portal, will I need to reapply for HFE (wven though its valid for 9 mths) in the event the IPA lapse while I'm still searching for a HDB ?
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2 Answers

(PART 1 OF 2)
My answer with regards to your Question :

The In-Principle Approval (IPA) obtained from a bank through the HDB portal is typically valid for a limited period, as you mentioned. If your IPA lapses while you are still searching for an HDB flat, you may need to reapply for a new IPA from the bank. However, the validity of your HDB flat eligibility (HFE) is different and remains valid for the specified duration (e.g., 9 months).
It's crucial to coordinate the timelines and ensure that your IPA aligns with your property search and application process to avoid any disruptions. If you have specific concerns, it's advisable to check with both the bank providing the IPA and HDB for the most accurate and up-to-date information.

I'm Happy to Help with No obligations ! If you have any more questions or need assistance,FEEL GOOD to let me know. I'm here for You ! Cheers :)
Able Toh, Singapore Mobile :( +65) 9856 9255 

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(PART 2 OF 2)

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Robbie Chen Chee Howe
Hi,

You do not need to reapply for HFE as long as it's still within the validity period.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More
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