Hi everyone, just to contribute a bit.
Here's a bit of background. We're first-time buyers, under fiance/fiancee scheme. We're doing it entirely diy and will be buying under sole owner/essential occupier.
I am FT employed while my partner is a self-employed (own company since beginning of year) with barely any earnings (less than $1k/mth) since company is new and all profit went to company. We will be taking a bank loan and our flat will not last us till 95 as it is a 50+ year flat.
We made a few hiccups and errors in terms of sequence along the way, but in many ways, our mistakes saved us and helped us in our purchase.
FIRST-TIME SOLE BUYER (Fiance/Fiancee Scheme)
1) Option for Flat : 12th June
2) Request Valuation : 13th June
3) HDB Officers visit: 14th June
4) Valuation Result : 22nd June (matched)
5) Appeal EIP Quota: 1st July*
6) Appeal Successful / Exercise OTP : 2nd July
7) Submit Resale Application : 6th July
8) Request for Additional Documents: 7th July
9) Resale Application Accepted : 28th July
10) Endorsement of docs: Tentatively in 3 weeks time from 28th July
11) Date of resale completion: 22 Sept
* Seller agent really messed up here, he told us that the unit is Chinese eligible but when we tried to submit resale application we got a notification saying that buyer ethnic quota exceeded. Yes, we skipped the exercising OTP as we misinterpreted the HDB website. But luckily we did so and discovered this issue.
I called seller agent and found out that seller is Eurasian and we had to appeal. Seller agent did not seem keen to help even reposting the listing on propertyguru with the edited ethnic status, but I guess when he realised that we accepted the bank loan (also not in sequence, we realised) and he might need to reimburse us the 0.75% penalty, he did so. HDB was brilliantly efficient in resolving this.