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Buying Guide

Buying Checklist Correction: HDB Option Period and Funding Advice

Singapore River at Robertson Quay - 2022-08-14
Singapore River at Robertson Quay - 2022-08-14 (photographed 2022). Photo: Wzhkevin. Source (https://commons.wikimedia.org/wiki/File:Singapore_River_at_Robertson_Quay_-_2022-08-14.jpg) · CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0).

Correction, 1 November 2026: The former 12-step buying checklist gave the wrong HDB resale option period and presented an unsupported universal deadline for private resale purchases. Its timelines, worked funding example, graphics and FAQs have been withdrawn. Do not use them to decide an exercise date or the cash needed for a transaction.

The HDB resale option period is 21 calendar days

The old checklist repeatedly said HDB resale buyers had 14 days. HDB’s current OTP procedure states that the option is valid for 21 calendar days from the date it is granted. Check the actual prescribed form and expiry details for your purchase, and complete the required steps within that period.

Do not use the old private-resale deadline or funding totals

The article also described 21 days as a general private-resale exercise window. That statement has been withdrawn. Use the actual contract’s expiry, recipient, delivery and payment requirements. The CEA agreements page provides separate standard contract templates for private residential resale transactions.

The former checklist combined these deadline errors with unreliable funding, duty-remission and loan-eligibility explanations. We have withdrawn that combined account rather than leave its examples and graphics beside a partial correction. No existing purchase deadline is extended by this notice.

If you relied on the former checklist, collect the signed documents, payment records and correspondence promptly. Contact Lin Xuan or Ade for introductions to property lawyers to review the actual contractual position, and bankers for the financing assessment.

For practical planning, our purchase cash calendar separates payment dates from expected receipts. Our older-home funding comparison explains why price, approved borrowing and usable CPF must be considered separately.

Photograph: Singapore River at Robertson Quay, 14 August 2022, Wzhkevin, CC BY-SA 4.0. Source: commons.wikimedia.org/wiki/File:Singapore_River_at_Robertson_Quay_-_2022-08-14.jpg. Licence: creativecommons.org/licenses/by-sa/4.0/. Resized for web and displayed cropped. Singapore neighbourhood context, not the home in a particular transaction.

Need a brochure, price list or professional introduction?

Contact Lin Xuan at 82222556 or Ade at 81888871 for the full project brochure, latest available price list, a viewing, or introductions to bankers who can help you compare home-loan rates and packages to find the best available option for your needs. If you need legal advice on a property purchase, sale or tenancy, we can also put you in touch with property lawyers.

WhatsApp Lin Xuan | WhatsApp Ade. Let us know the project or property question you would like help with. Prices and availability are subject to developer confirmation, while loan terms and approval are determined by the bank.

Lin Xuan: ONG LIN XUAN, CEA registration R069812H. Ade: CHUA MUAY MUAY (ADE CHUA), CEA registration R014252F. ERA REALTY NETWORK PTE LTD, estate agent licence L3002382K.

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