How to Sell Your HDB Flat, Step by Step

Step 1 — Check your MOP

You can only sell your flat on the open market after fulfilling the Minimum Occupation Period (MOP), typically 5 years from key collection. Check your exact MOP date before doing anything else.

Step 2 — Decide on pricing and get a sense of the market

Look at recent transactions for comparable units in your block/estate (our Resale Transactions tool is a good starting point) and consider whether to engage a property agent or sell privately.

Step 3 — List and find a buyer

Once you have a willing buyer, you'll grant them an Option to Purchase (OTP) in exchange for an option fee (commonly around $1,000, negotiable), giving them an exclusive window to exercise it.

Step 4 — Resale application and HDB valuation

After the OTP is exercised, both parties submit the resale application. HDB's valuation is done at this stage and determines the maximum amount the buyer can finance via loan/CPF — anything above that is Cash-Over-Valuation, paid to you in cash.

Step 5 — Resale levy check (if applicable)

If this isn't your first subsidised flat, you may owe a resale levy, deducted from your sale proceeds at completion. See our Resale Levy guide for details.

Step 6 — Completion

At the completion appointment, outstanding CPF refund (with accrued interest) is returned to your CPF account, any outstanding loan is redeemed, and remaining proceeds are disbursed to you.