02 Jan '18, 2pm

HDB’s new resale online portal to half transaction time https://t.co/JpswzksN1h

HDB’s new resale online portal to half transaction time https://t.co/JpswzksN1h

16 weeks. That’s the average time it takes from the moment an offer is made to buy a resale unit to the time when keys are exchanged. With the launch of HDB’s new online resale portal, all that could be done in half the time. Clementi HDB’s new online resale portal to cut down buy-sell process by half The new HDB resale portal goes live on, Jan 1. HDB has designed the portal to be fast and easy-to-use after they have observed a rising trend of HDB buyers who have completed property transactions without the aid of property agents. Since 2010, the ratio has increased from 1 in 10 in 2010 to almost 3 in 10 in H2 of 2017. The resale portal is one of the initiatives of the Real Estate Industry Transformation Map (REITM) and aims to reduce transaction time. It hopes to provide convenience to HDB flat sellers, buyers and also property agents. Tried and tested by sellers, buyers a...

Full article: https://www.iproperty.com.sg/news/hdbs-new-resale-online-...

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