21/08/2026
✨ HDB Resale Update: No More Cheques! 📱💸
Effective 7 Sep 2026 — HDB will pay your resale cash proceeds electronically (no more cheques!) ✅
📌 What happens:
• Proceeds credited next working day after sale completes
• You’ll get email confirmation ✉️
• Faster, smoother, fully digital
📝 What you need to do:
✅ Have a bank account ready
• If HDB acts for you:
→ Log into HDB Flat Portal after resale submission
→ Enter bank details (DBS/POSB, UOB, OCBC) within 3 days of HDB’s notice
• If using a solicitor: Give your bank details directly to them
• Joint owners: Joint account for joint tenancy; individual accounts for tenants-in-common
💡 Faster payouts, no lost cheques — make sure your bank details are ready!