Understand the role of HDB and the public housing policies, in particular, key features of the Housing and Development Act (H&D Act) Part IV.
Explain the different public housing options available, such as rental flat, new flat, resale flat, Design, Build and Sell Scheme (DBSS) flat, Executive Condominium (EC) from developer or from open market.
Explain the allocation policies, including the different priority schemes, for purchase of new flat, DBSS flat and EC from developer.
Advise on the eligibility conditions (citizenship, age, family nucleus, income ceiling, ownership in private property, time bar) for a first-timer and second-timer applicant buying a new HDB flat, DBSS flat or EC; and for those buying an HDB studio apartment.
Ascertain the buyer’s eligbility to buy HDB resale flat/DBSS flat/EC and the scheme he is eligible for.
Ascertain the seller’s eligibility to sell HDB flat/DBSS/flat/EC in the open market.
Check whether the ethnic integration policy (EIP) and Singapore Permanent Resident (SPR) quota, if applicable, have been met.
Execute the resale checklist for buyer or seller, and observe the procedure for entering into a binding contract using the OTP, including the cooling-off period for seller, the prescribed option fee and deposit, and the option period.
Submit the resale application for the buyer or seller, observing the requirements on timeframe and information to be provided; and assist client from the first appointment to resale completion.
Execute the above agency work using HDB e-Services across available media platforms.
Understand S51 of H&D Act against pledging an HDB flat as security or collateral for any debt.
Keep abreast of policy and procedural changes relating to buying and selling of HDB flats.