Application for Resale/Transfer of HDB Commercial Properties

Housing & Development Board (HDB)

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Application Details

HDB commercial premises can now lodge / or apply for their resale / transfer depending on the nature of each request.

FAQ

Do I need to apply for this application?
Yes, you need to obtain HDB's written consent for the Resale / Transfer of Commercial Properties if you own an HDB shop and wish to dispose it in the open market or would like to transfer your share of the property to another person(s).
Online application must be submitted by the transferors' solicitors who have to ensure that all particulars given are true and correct with the authorisation of the transferors and transferees. The transferors and transferees must also jointly and severally agree to the Terms and Conditions for Resale / Transfer of an HDB shop. Should the parties agree upon it, the transferees' solicitor may also submit the online application and the necessary authorisation.
What conditions do I need to fulfill?
You may find for the Terms & Conditions for Resale / Transfer of Commercial Properties to read more. You may also download a copy of the Resale / Transfer Terms and Conditions for your reference.
What supporting documents do I need to submit?
- Photocopies of sellers and buyers' NRICs
- Letter from the transferors' or transferees' solicitor (who is submitting the on-line application) confirming he / she is acting on behalf of the transferors / transferees as per Clause 6 of the Resale / Transfer Terms and Conditions
- Latest Business Registration Record from Accounting & Corporate Regulatory Authority (ACRA) (For Pte Ltd Co)
Company's Resolution (For Pte Ltd Co)
- The transferors' and the transferees' Company Resolution / Director's Resolution authorizing the solicitor to submit the on-line application as per Clause 7(b) of the Resale / Transfer Terms and Conditions
- Letter of Authorisation / Power of Attorney (For Mortgagee Sales)
- Death Certificate, Grant of Probate / Grant of Letters of Administration (For Deceased Cases)
How soon can my application be processed?
For applications submitted under the Lodgement Scheme for Resale / Transfer, an acknowledgement letter will be issued immediately once the Resale / Transfer is lodged with HDB and fees received.
Applications that require further evaluation or processing and are submitted electronically with all required supporting documents will be processed within 14 days working days. Applications requesting for inspection of the premises will also be processed within 14 working days after receipt of all the required documents.
What are the application fees involved in the application?
The total fee payable is based on the type of application and the options that are chosen as shown below:
APPLICATION TYPE: ADMIN FEES PAYABLE (Excluding GST)
i. Lodgement Scheme
- Lodgement (Waiver of Inspection): $100
- Lodgement (Waiver of Inspection): $400
ii. Application (HDB Processing Required)
- Lease Not Issued: $500
- Proposed trade involving change of use & need further evaluation (eg. Market produce shop, Supermarket): $500
- Change of Living Quarters to non-residential use: $500
- Proposed use of Trading Area opted as "Others": $500
iii. Additional Fees for Transfer of Outdoor Refreshment Area (ORA)
- Lodgement (waiver of Inspection) + Transfer of existing ORA: $300
- Lodgement (Request for Inspection) + Transfer of existing ORA: $600
- Application + Transfer of existing ORA: $700
Who can I contact for further details?
You may call our hotline @ 1800-8663073 or submit your enquiry via HDB Feedback Form. You may also write in to:
Properties & Land Group
Housing & Development Board
480 Lor 6 Toa Payoh
Atrium 3rd Storey HDB Hub
Singapore 310480
What is the application process like?
Steps to apply for Resale / Transfer of HDB Commercial Properties
i. Check the validity of HDB premises address & whether the Lease has been issued.
ii. Read the terms & conditions for the application.
iii. Key in the premises details, transferors / transferees particulars and the details of resale / transfer.
iv. Indicate choice of request for inspection or waiver of inspection (where applicable).
v. Submit requisite payment for the application.
vi. Print the application form, receipt and acknowledgement letter (for lodgement cases). For application cases, HDB will revert to applicant within 14 working days from the completion of the inspection and receipt of all supporting documents.
vii. Upon completion to forward a certified true copy of the Transfer Instrument (Lease issued), Agreement for Lease & Deed of Assignment (Lease not been issued) to HDB for updating.
Where do I get the 3rd Party Authorisation Form?
The 3rd Party Authorisation Form is to be drafted by the filer. The required content for the form is summarised and displayed when the filer checks the declaration box in the application.
Who is the applicant or filer?
The applicant is the existing owner (transferor) or proposed owner (transferee). The filer refers to 3rd parties including the agent, solicitor, or representative. A Letter of Authorisation must be submitted as a supporting document.
Who should submit the online application, the Transferors or Transferees?
Under the terms of the resale / transfer it is the responsibility of the existing owner (transferor) or their representatives to submit the application. However, if the parties are in agreement, the proposed owner (transferees) or their representatives may also submit the application to HDB.
Can a foreigner or Singapore PR apply?
Yes. They can purchase the HDB commercial shops provided the transferors / transferees are above 21 years of age and is not an undischarged bankrupt.
When do I submit my Transfer Instrument?
You are required to submit the duly executed and stamped Transfer Instrument to HDB for updating of our records within 2 weeks after completion. Pending the submission of the Transfer, HDB's records will continue to reflect the ownership of the property under the Transferor. In that instance, HDB will not be responsible for any late fees / penalties etc imposed on payments related to the premises arising from a delay in the updating of the ownership records.
I am the purchaser and I am taking over the tenanted premises and will continue to rent out to the current tenantwith a trade that involves material change of use. If I select "Waiver of inspection" what fee do I pay?
The fee payable is $500/- (excluding GST). Approval for Resale / Transfer will be granted after the assessment of whether the proposed use will cause any disamenities to the surrounding (eg. Family Restaurant, living quarters change to non-residential use).
If I submitted an application wrongly or the application is subsequently aborted, can I request for a refund of the admin fee?
No, all admin fees paid are not refundable.

Documents Needed

For Lodgement

3rd Party Filer Authorisation Letter (if represented by solicitors)
Declaration Undertaking for Waiver of Inspection

For Mortgagee Sale

3rd Party Filer Authorisation Letter (if represented by solicitors)
Power of Attorney
Letter of Undertaking

For Transferors/ Transferees who are individual persons

3rd Party Filer Authorisation Letter (if represented by solicitors)
Copy of All Transferors' and Transferees' NRIC

For Transferors/ Transferees who are individual persons

3rd Party Filer Authorisation Letter (if represented by solicitors)
Copy of All Transferors' and Transferees' NRIC

Transferors/ Transferees who is/are a Company

The Transferors' and the transferees' Company's Resolution/ Directors' Resolution authorizing the solicitor to submit the on-line application.
A copy of the Company's Resolution/Directors' Resolution authorising the representative to execute ALL documents related to the resale/transfer
Copy of NRIC of authorised representative as stated in the Company's Resolutions/Directors' Resolution
An up-to-date printout from the Accounting Corporate Regulatory Authority (ACRA), listing all the existing shareholders.