Inputs

Prepared for (optional)

Appears on screen and on the printed cover page.

Option to Purchase granted

Day 0. Seller signs the OTP, buyer pays the option fee.

Option period (calendar days)

HDB standard is 21 days, expiring at 4pm.

OTP exercised

Defaults to the last day of the option period. Change it if the buyer exercises earlier.

Resale submission period (days after exercise)

Days from exercise to when both parties submit the resale application.

Weeks to completion (from acknowledgement)

Completion runs about 8 weeks from the date HDB acknowledges the resale application.

Buyer taking a bank loan

If yes, the buyer must apply and secure the bank's Letter of Offer (LO) before exercising the OTP.

Extension of stay after completion

Maximum 3 months. Must be mutually agreed and declared in the resale application.

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HDB Resale · Sale & Purchase

Timeline Planner

Prepared by Daniel Lin

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OTW Homes — Timeline Planner —

Completion appointment

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Keys handed over

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Total runway

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OTP to keys

OTP → completion Extension of stay Bank LO due MOP starts

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