How easily can you sell your property in Singapore without an agent?

1. process that includes certain checkpoints, rules, and regulation fixed by the government, which is different for HDB flats and condos. Here we will discuss the selling procedure of HDB flats and condos; How easily can you sell your property in Singapore without an agent? The majority of the residential housing developments in Singapore are publicly governed and developed by the Housing and Development Board Singapore, which is known as HDB flat. The HDB flats are the cheapest housing option in Singapore, apart from that the condominiums or condos also a very inviting and smart place to live in. As per the recent growth in the property market the housing, i.e. HDB flats and condos for sale in Singapore is widely available, now a day. ➢The condominium or condo: selling process of For condos, there are no such eligibility criteria, as these are developed by private developers, also foreigners can purchase a condominium. So the resale procedure of condos is less complicated than the public housing. As you can sell your HDB flat or condos in Singapore by yourself, for selling your condos you need to fulfil the following steps; Price your condo as per the market value: First, you need to study the property valuation in your neighbouring places, and then you need to fix the selling price of your condos as per the current market valuation. Get ready for inspection: The condo will be inspected by a home inspector before the selling process. The inspector will thoroughly evaluate the condition of walls, ceilings, floors, windows and doors, the roof, attic; the foundation, basement and other structural components. Also, the central air-conditioning system, room heater, and internal electrical connectivity should be functional. Also, the demand for the house for sale in Singapore is at rising as a large number of people are migrating in Singapore to make a profit from the rising economy. So for accommodating them the requirement of houses is also pretty high to match the scale. Thus if you are having an additional house or want to shift into another place, then you can easily sell your old house, as we have mentioned earlier the demand for houses is pretty high. Prepare the documentsof your condo: Once the inspection is done, then you need to prepare all the required documents of your property to complete the resale procedure. How can you sell your house without a property agent? ➢The selling process of HDB Flat: Check the eligibility criteria: If you want to sell your HDB flat, there are some eligibility criteria you require to follow, as there are some major checkpoints you need to follow to Now for selling an HDB flat or condo in Singapore engaging a property agent is a good idea, but you can also perform the entire process by yourself, and for that you need to educate yourself about the entire

2. accomplish the selling process without any flaw. Conclusion: The population, as well as job opportunities, are rising in Singapore day by day, so the demand for housing is increasing to match the scale, so a large amount is invested in real estate in recent years. So you can easily gain profit from your HDB flat or condos for sale in Singapore, as the demand is high for housing in the current scenario, as we mentioned earlier. So you need to follow the aforementioned steps and proceed with the selling process by yourself and in this process you may earn some good profit from your property. 1. You must fulfil the Minimum Occupation Period (MOP). As for HDB flats, the minimum occupation period is 5 years, so after the initial 5 years of occupation, you can sell out your HDB flat. 2. Also, need to fulfil Ethnic Integration Policy (EIP), and Singapore Permanent Resident (SPR) block/neighbourhood. You need to meet the requirements of the Ethnic Integration Policy and Singapore Permanent Resident Quota Policy as directed by the HDB of Singapore. quota for your Submit the resale checklist: Once the eligibility criteria are fulfilled, you need to submit the resale checklist as a salesperson. This highlights important procedures that the buyers should take note of before they commit to the purchase of a resale flat. policies and Putting your flat up for sale: You need to put your flat for sale in the selling portal. So the tentative buyers can go through your property and express their intention for purchase. Granting the Option to Purchase: Once you select your prospect buyer, after that you need to grant the ‘Option to Purchase’ (OTP) on their behalf. That involves the legal documentation to complete the resale procedure.