How does the resale levy work

The resale levy is designed to reduce the subsidy on the second subsidised 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 an applicant previously bought a new flat from HDB, DBSS, or EC from a developer, or received a CPF Housing Grant, they may need 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 subsidised flat.

The resale levy amounts for first subsidized flats sold on or after 3 March 2006 are as follows:

- 2-room flat: $15,000 (Households), $7,500 (Single Grant recipients)
- 3-room flat: $30,000 (Households), $15,000 (Single Grant recipients)
- 4-room flat: $40,000 (Households), $20,000 (Single Grant recipients)
- 5-room flat: $45,000 (Households), $22,500 (Single Grant recipients)

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

For more detailed information, you can refer to the specific section under Unit 4.9.

Happy house hunting!