25 Oct '17, 1am

New #HDB online portal to shorten resale transaction times, from 16 to 8 weeks!

New #HDB online portal to shorten resale transaction times, from 16 to 8 weeks!

Currently, the sale or purchase of a resale HDB flat takes the sellers and buyers about 16 weeks. The authorities are still trying to shorten the procedural duration. And they just may have done it with their latest online portal. Jalan Tenteram, HDB Start to finish of resale transactions halved. From 16 to 8 weeks. And most of the process will be done online. For now, sellers and buyers are required to have 2 appointments with HDB before the process is officially completed. But come 1st of January 2018, with the portal in place, they need only meet once to put ink to paper. As part of the government’s Smart Nation initiative, the portal hopes to help sellers and buyers complete the sale more quickly. They will utilize the information collected prior to the resale process to fill in forms and make professional valuations. The move is also in line with the Real Estate Indus...

Full article: https://www.iproperty.com.sg/news/new-hdb-online-portal-t...

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