Submission of Valuation Requests

 

• Buyers who are planning to take a housing loan (HDB or bank) or using CPF to finance the purchase of a resale flat must have a valid valuation.

 

• The buyers (or their salespersons) must apply to the HDB for a valuation by the next working day* after they are granted an Option To Purchase (OTP) by the flat owners. (*Monday to Saturday, which is not Public Holiday)

 

• The buyers (or their salespersons) have to ensure that the flat owners agree to allow the private valuers to enter the flat to carry out the assessment. Once HDB has received the valuation request, fresh request for the same property will not be accepted by the HDB within 21 days.

 

• Subsequently when the buyers submit the resale application, the set of buyers indicated in the valuation request must match the set of buyers listed in the corresponding resale application

 

• All the buyers listed in the valuation application will be able to check the status of the valuation request via their My HDBPage.

 

• A softcopy valuation report will be posted on the buyers My HDBPage and will be available for viewing and download by the buyer until 1 month after the resale completion date.

 

To submit the valuation request, the buyer (or his salesperson) will need to gather the following information:

 

• Address of flat

 

• OTP Serial Number,

 

• OTP Grant Date and Resale Price

 

• Scanned copy of page 1 and 8 of the OTP (Need to attach a scanned copy of page 1 and 8 of the OTP in your valuation application. File attachment has to be lesser than 1.0 MB and in PDF, JPG, GIF, TIF or PNG file format). Filename must not exceed 90 characters.

 

• Flat owner's name, NRIC no., contact numbers and email address

 

• All buyers names and NRIC

 

• Contact details of 1 buyer

 

• Requestor's contact numbers and email address

 

Fees Payable for processing of Valuation Request

Flat Type                                                        Softcopy Valuation Report

1 & 2-room                                                               S$133.05

3-room & larger                                                       S$191.90

 

• Fees payable comprises Valuation Fee and Administrative Fee -

• Fees are non-refundable and inclusive of prevailing GST