Navigating HFE Applications for Seniors Downsizing from Private Property to HDB

As a realtor assisting senior clients in transitioning from private property to an HDB flat, understanding the nuances of the HDB Flat Eligibility (HFE) application process is crucial. Here's a comprehensive guide to help your clients navigate this journey smoothly.

Scenario Overview:

Your clients, both aged above 55, are planning to sell their private condominium and purchase a 4-room resale HDB flat. They wish to apply for the HFE letter concurrently while their private property is still on the market.

Key Considerations:

1. Declaration of Private Property Ownership:

   During the HFE application, applicants are required to declare current property ownership. If your clients indicate "Yes" to owning private property, the system may flag them as ineligible to proceed.

2. Exemption for Seniors:

   Fortunately, there is an exemption in place for seniors. Those aged 55 and above who are moving from a private property to a 4-room or smaller resale HDB flat are exempted from the 15-month wait-out period typically required after disposing of private property.

Steps to Apply for HFE with Existing Private Property:

1. Submit a Waiver Request:

   Before applying for the HFE letter, your clients should submit a waiver request to HDB explaining their intention to sell their private property and purchase a 4-room or smaller resale HDB flat. This can be done via the HDB e-Feedback Form.

2. Await HDB's Response:

   HDB will review the waiver request and, if approved, will allow your clients to proceed with the HFE application despite current private property ownership.

3. Clear MyInfo Data:

   When applying for the HFE letter, advise your clients to click on "Clear MyInfo" during the application process. This action enables them to manually input their information, ensuring accurate declaration of their current circumstances.

4. Complete HFE Application:

   With the waiver approval and manual data entry, your clients can complete the HFE application process. Ensure all required documents are submitted promptly to avoid delays.

Additional Tips:

• Documentation: Keep records of all communications with HDB, including waiver approvals and correspondence.

• Timelines: Advise your clients on realistic timelines for selling their private property and purchasing the HDB flat, considering the exemption and application processing periods.

• Professional Guidance: Encourage your clients to seek professional advice or assistance throughout the process to navigate any complexities effectively.

By proactively addressing these considerations, you can facilitate a smoother transition for your senior clients from private property to their new HDB home.

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