APPLICATION for ENHANCED CONTRA FACILITY Www20 Hdb Gov Form
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People also ask
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What is the waiting time for HDB?
Going forward, HDB is committed to offering more BTO projects with waiting time of 3 to 4 years, in addition to offering 2,000 to 3,000 SWT flats with waiting times under 3 years, each year.
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What is HDB Enhanced Contra Facility?
With the Enhanced Contra Facility (ECF), you may: Sell your existing HDB flat and buy another resale HDB flat by using the cash proceeds and refunded CPF savings* from the flat sale at the same time.
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How long does it take for an HDB valuation?
You should have your HDB resale valuation in about seven business days. Most of the time the valuer does not need to visit the flat in person because there should be enough comparable sales transactions in the same block or adjacent blocks for the valuer to figure out what the open market value is for the flat.
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How long does HDB completion take?
Q2 How long does it take to complete a resale transaction? A2 The resale completion is about 8 weeks from the date of HDB's acceptance of the resale application. HDB will inform the flat sellers and buyers of the completion date in its acceptance letter.
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How long does it take for HDB to process?
Both parties must ensure that they are eligible for the transaction. If the application and documents are in order, we will notify you and the sellers of HDB's acceptance of the application via SMS or email. Thereafter, it will take about 8 weeks to process the application and complete the transaction.
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How do I send an email to HDB?
MyRequest@HDB. Submit request to HDB relating to your new or resale flat application, HDB housing loan and/or matters related to the Selective En bloc Redevelopment Scheme/ Acquisition Projects.
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How long does it take to get HDB approval?
If the application is in order, we will notify both parties of HDB's acceptance within 28 working days, via SMS and emails. You may log in to My Flat Dashboard to view the status of your resale application. The date of HDB's acceptance of the resale application marks the beginning of the 8 weeks processing time.
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Can an HDB levy be waived?
The resale levy is waived if you buy a resale HDB flat without a subsidy. You wait five years and do not apply for a new subsidised flat after selling the first. You can buy a resale flat or private property to avoid the levy.
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