If you are a Singles Grant recipient, you only need to pay half the resale levy amount when you subsequently form a family and buy a second subsidised flat.

You need to pay a resale levy in either of these cases:

• You dispose of your subsidised flat and then buy a second subsidised flat from HDB
• You dispose of your subsidised flat and then buy an EC from a developer where the land sale was launched on or after 9 December 2013

You need not pay a resale levy if you are buying any of these:

• Design, Build and Sell Scheme (DBSS) flat from a developer
• EC from a developer, where the land sale was launched before 9 December 2013
• HDB resale flat
• Private residential property

This fixed resale levy amount gives greater certainty for financial planning, be it for upgrading to a larger flat, or right-sizing to a smaller flat.

Resale Levy Amount for 2-room flat: 

• $15,000 (Household)
• $7,500 (Single Grant recipients)

Resale Levy Amount for 3-room flat: 

• $$30,000 (Household)
• $15,000 (Single Grant recipients)

Resale Levy Amount for 4-room flat: 

• $$40,000 (Household)
• $20,000 (Single Grant recipients)

Resale Levy Amount for 5-room flat: 

• $$45,000 (Household)
• $22,500 (Single Grant recipients)

Resale Levy Amount for Executive flat: 

• $$50,000 (Household)
• $25,000 (Single Grant recipients)

Resale Levy Amount for Executive Condominium: 

• $$55,000 (Household)
• Not applicable (Single Grant recipients)

If you and your spouse are aged 55 and above, have sold your first subsidised flat before 3 March 2006 and right-size to a new 3-room or smaller flat from the November 2015 sales launch onwards, you will pay only the percentage graded resale levy, with the interest waived. The resale levy payable is also subject to a minimum amount of $15,000 for 2-room, $30,000 for 3-room, $40,000 for 4-room, $45,000 for 5-room, and $50,000 for Executive flat sold. These are the same resale levy amounts payable by second-timers who sold their first subsidised flat on or after 3 March 2006.

The resale levy payable is determined at the point you book your second subsidised flat. It applies regardless of ownership type (joint-tenancy or tenancy-in-common) or shared interest in the flat. Payment can only be made by way of your flat sale proceeds and/ or cash. HDB mortgage financing will not be extended to the payment of a resale levy.

When and how payment is made

Flat Sale Timeline

First subsidised flat was disposed of after taking possession of the second subsidised flat

Resale Levy Payment

• Resale levy deducted from the sale proceeds upon the sale of the first subsidised flat
• Any shortfall to be paid in cash

Flat Sale Timeline

First subsidised flat was disposed of before taking possession of the second subsidised flat

Resale Levy Payment

Resale levy paid in cash upon taking possession of the second subsidised flat