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How long do I have to wait after selling private to buy resale HDB?
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After selling your private property, you generally have to wait 15 months before you can purchase an HDB resale flat. This wait-out period was introduced as part of cooling measures to moderate demand for HDB resale flats and ensure they remain affordable for those with genuine housing needs.
However, there are some exemptions:
- If you are 55 years old or older, you are automatically exempt from the 15-month wait-out period if you are buying a four-room or smaller HDB resale flat, a 2-room flexi flat, or a community care apartment for seniors.
- You may also be exempt if you have documentary proof that you obtained an Option to Purchase (OTP) for the HDB resale flat before September 30, 2022, and you paid the option fee or option exercise fee before that date.
- Additionally, HDB may grant exemptions on a case-by-case basis for appeals, especially if there are extenuating circumstances or financial difficulties involved.
- If you are 55 years old or older, you are automatically exempt from the 15-month wait-out period if you are buying a four-room or smaller HDB resale flat, a 2-room flexi flat, or a community care apartment for seniors.
- You may also be exempt if you have documentary proof that you obtained an Option to Purchase (OTP) for the HDB resale flat before September 30, 2022, and you paid the option fee or option exercise fee before that date.
- Additionally, HDB may grant exemptions on a case-by-case basis for appeals, especially if there are extenuating circumstances or financial difficulties involved.
The 15-month wait-out period starts from the sales completion date of your private property.
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