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by OrangeTee & Tie Pte Ltd.

Looking for a new home? Get pricing and loan details from HDB portal

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SG, 14 Jan 2021

Those hunting for a home can now get pricing and loan information of new Housing Board flats on a platform which aims to streamline the process of buying and selling a place. The portal, which is being progressively rolled out from yesterday, consolidates information on current and upcoming flats sold directly by HDB, said National Development Minister Desmond Lee in a Facebook post. He added that it may include HDB resale flat listings in subsequent phases. HDB already has a separate platform for resale flats, which was launched in January 2018. It is where potential buyers commence their application for their resale flat of choice. The portal for new flats and the platform for resale flats will run in tandem on HDB's website.

OrangeTee & Tie senior vice-president of research and analytics Christine Sun said the new HDB flat portal makes it easier for users to obtain most of the essential information. It is also useful for those eyeing resale flats. "Some may use the suggested payment plan in the new portal as a reference or benchmark when they talk to property or bank consultants prior to purchasing a resale flat," she said.

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