You must obtain an HDB Loan Eligibility (HLE) letter before the sellers grant you an Option to Purchase. The HLE letter must be valid when the sellers grant you the Option to Purchase and when you submit the resale application to HDB.

If your HLE is expiring, do submit a fresh application together with the supporting documents for our review seven days before the expiry date. Otherwise, you may log in to My HDBPage using your Singpass to request for a cancellation of the current HLE letter.  After the current HLE letter has been cancelled, you may then submit a fresh application together with the supporting documents for our review.

If you are taking a housing loan from HDB, you must have a valid HLE letter before the sellers can grant you an Option to Purchase (OTP). If you intend to get a housing loan from an FI, you must have a valid LO from the FI before you exercise the OTP.

Buyers who intend to use their CPF monies to purchase the resale flat must ensure that the funds are available in their CPF Ordinary Account when they submit the resale application. If the CPF funds are not available, the buyers may have to pay any shortfall in cash. Otherwise, the completion will be delayed.