MND Change in HDB Resale Price Negotiation Process

Change in HDB Resale Price Negotiation Process (COV).

• HDB will publish daily prices of resale transactions (previously was fortnight/14 days).
• HDB will only accept valuation requests from resale flat buyers (or their appointed agent) after Option to Purchase (OTP); previously house owner will request for valuation report.
• Buyers with OTP have 21 days (instead of 14 days) to exercise their OTP.

For more information, see the video from Youtube