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Additional Information

When considering whether to sell your flat, be sure to plan for your next home and assess the financial matters relating to the flat sale. You should also review this additional information, which gives details on matters that might apply to you in future.

Resale levy

If you previously bought a new flat from HDB, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, find out if you need to pay a resale levy when you purchase your next home.

The resale levy maintains a fair allocation of public housing subsidies between first-timers and second-timers by reducing the subsidy enjoyed for the second HDB flat or EC.

Half-resale levy for Singles Grant recipients

If you are 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.

Situations in which a resale levy is payable

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, including those where tenders were not closed, i.e. Westwood Avenue, Canberra Drive and Anchorvale Crescent

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

Resale levy amount: first subsidised flat sold on or after 3 March 2006

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.

First Subsidised Housing Type

Resale Levy Amount


Singles Grant recipients

2-room flat



3-room flat



4-room flat



5-room flat



Executive flat



Executive Condominium

$55,000 Not applicable

Resale levy amount: first subsidised flat sold before 3 March 2006

For cases where the first subsidised flat was sold before 3 March 2006, a graded resale levy applies.

First Subsidised Flat Type

Resale Levy Amount

Based on resale price of the sold flat, or 90% of its market valuation, whichever was higher


Singles Grant recipients


10%* or 15%

5%* or 7.50%







5-room and Executive



*Only applicable to 2-room flat sellers that upgrade to a larger flat type.

If the graded resale levy was not paid when you sold the first subsidised flat, i.e. you opted to defer the payment until you purchase another HDB flat, interest at a prevailing rate of 5% per annum is charged.

Waiver of Interest for Elderly

If you have sold your first subsidised flat before 3 March 2006 and right-size to a new 2-room or 3-room flat from November 2015 sales launch onwards, you will pay only the percentage resale levy, with the interest waived, if you and your spouse are aged 55 and above at the point of the new flat application. The resale levy payable is subject to a minimum payment 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. These amounts are the resale levy payable by second-timers who sold their first subsidised flat on or after 3 March 2006.

Paying the resale levy

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

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

Power of Attorney

When buying or selling a flat, you may need a Power of Attorney if you are unable to attend to certain matters personally.

When is the Power of Attorney required?

A Power of Attorney (PoA) is a legal document that allows a person ('donor') to appoint another person ('attorney') to act on his behalf and in his name on matters specified in the PoA.

When buying or selling an HDB flat, certain matters must be attended to at different stages of the process. For example, signing of documents, such as: 

  • Option to Purchase 
  • Agreement for Lease 
  • Deed of Assignment 
  • Lease-in-Escrow 
  • Mortgage-in-Escrow

The PoA is required if you are unable to attend to these matters personally. You are advised to consult a private solicitor in Singapore to prepare the PoA.

What must you and your private solicitor do?

Step 1: Preparing the PoA

You must get a solicitor to prepare the PoA.

Step 2: Signing the PoA

The PoA has to be signed by you in the presence of your solicitor. If you are already overseas, you must sign the PoA in the presence of one of the following parties: 

  • Notary Public*
  • Singapore High Commission 
  • Singapore Ambassador in the country of your stay

*With effect from 1 Mar 2017, if buyers are using CPF monies to buy a flat, the CPF Board does not accept PoAs witnessed by overseas Notary Publics. The PoA must be witnessed and sealed/ stamped by an official from a Singapore Overseas Mission instead. You may visit the Ministry of Foreign Affairs' website for more details on the nearest Singapore Overseas Mission.

Step 3: Registering the PoA

After your PoA has been signed, your solicitor will register the PoA with the High Court Registry.

Step 4: Submitting required documents to HDB

Once the PoA has been registered, you need to submit any one of the following documents to us: 

  • Original PoA + 1 photocopy
  • Certified true copy from the High Court + 1 photocopy
  • 2 certified true copies of the PoA by an Advocate and Solicitor
  • A letter from the solicitor confirming that the standard format for PoA provided by HDB has been used
  • Certified true copy by an Advocate and Solicitor together with the computer printout with the High Court seal. This is required in cases where PoA has been registered through the Electronic Filing System

Important points to note:

  • If you are going overseas, you are advised to obtain the PoA before leaving the country 
  • The PoA cannot be used for the signing of the following documents, which you must personally sign:
    • Application Form 
    • Statutory Declarations (you must sign in the presence of a Commissioner of Oaths or Notary Public) 
    • Any undertakings
  • If you have submitted an original PoA or a certified true copy of the PoA from the High Court to us, it will be returned to your solicitor. This is after the Lease & Mortgage document has been registered with the Singapore Land Authority 
  • However, certified true copies of the PoA by your solicitors will be retained by HDB