Transacting
Does Kucing provide any Guides to empower me and share things to pay attention to in the journey?
Yes, our FREE “How-to” Guides for homeowners and home seekers are available on our platform to help you navigate the crucial steps of Process and Planning. To ensure accuracy and reliability, we source all information exclusively from trusted Singapore Government authorities, including IRAS, HDB, CPFB, URA, SLA, and Ministry of Law. These guides are designed to equip you with the essential knowledge and terminology you need to make informed decisions.
After agreeing on Price, how would I know what to do when it comes to House conveyancing steps (Sell/Buy) if no agent is involved?
When it comes to property transactions, a property lawyer (also known as a conveyancing lawyer or real estate solicitor) plays a crucial role in ensuring a seamless conveyancing process. They provide guidance on key actions and timelines, including agreements, cheque issuance and collection, document verification, background checks, and overall paperwork management.
If you haven’t chosen a lawyer for your project yet, Kucing can recommend reputable law firms that offer professional assistance with transparent and affordable pricing.
- First, please review the available resources in the "Guides" section on Kucing website.
- Then, before consulting with a Property Lawyer:
- As a homeowner, ensure your Option To Purchase (OTP) draft is ready in advance. You can use either the CEA template or the HDB-prescribed form. This allows your lawyer to review the document without incurring additional charges. However, please note that any required customizations or amendments may involve additional fees.
- As a homebuyer, ensure you obtain the Option to Purchase (OTP) draft prepared by the seller's lawyer and have it reviewed by your own legal advisor. If you plan to finance your private property or HDB flat with a loan, be sure to secure your In-Principle Approval (IPA) from your preferred financial institution or have your HDB Flat Eligibility (HFE) letter ready in advance.
Does Kucing provide a full end-to-end conveyancing platform?
Not yet. However, in line with the Real Estate Industry Transformation Map (ITM) and various initiatives led by Singapore government agencies—including CPFB, GovTech, HDB, IRAS, MAS, the Ministry of Law, SLA, and URA—as part of the Digitalized Property Transactions Workgroup (DPTWG), our goal is to transform Kucing into a fully integrated platform, supporting processes up to the signing of the Sale and Purchase Agreement (SPA), in the near future.