The resale levy is designed to reduce the subsidy on the second subsidized flat, ensuring a fair allocation of public housing subsidies between first and second-timer citizen families. This also prioritizes first-timers with more urgent housing needs.
If the applicant previously bought a new flat from HDB, DBSS, or EC from a developer, or received a CPF Housing Grant, they may have to pay a resale levy when purchasing their next flat.
For Singles Grant recipients, they only need to pay half the resale levy amount when they subsequently form a family and buy a second subsidized flat.
Here is the resale levy amount for first subsidized flats sold on or after 3 March 2006:
First Subsidised Housing Type |
Households |
Single Grant recipients |
2-room flat |
$15,000 |
$7,500 |
3-room flat |
$30,000 |
$15,000 |
4-room flat |
$40,000 |
$20,000 |
5-room flat |
$45,000 |
$22,500 |
Executive flat |
$50,000 |
$25,000 |
Executive Condominium |
$55,000 |
NA |
When and how payment is made:
Flat Sale Timeline |
Resale Levy Payment |
First subsidised flat was disposed of after taking possession of the second subsidised flat |
- Resale levy deducted from the sale proceeds upon the sale of the first subsidised flat - Any shortfall to be paid in cash |
First subsidised flat was disposed of before taking possession of the second subsidised flat |
- Resale levy paid in cash upon taking possession of the second subsidised flat |
For more detailed information, please refer to the specific sections under property finance and financial calculations.