Taking a housing subsidy
You and your spouse will be considered as having taken a housing subsidy.
If you are from a Singapore Citizen (SC)/ Singapore Permanent Resident (SPR) household, you can apply for the Citizen Top-Up when your SPR family member takes up Singapore Citizenship or when you have an SC child.
Read more on Citizen Top-Up.
Disposal of existing flat
You and your family members listed in the flat will have to dispose of your existing flat within 6 months of taking possession of the new flat.
Minimum Occupation Period (MOP)
You have to occupy the flat for 5 years before you can sell it in the open market.
You can submit an application to buy another flat direct from HDB or a new DBSS flat, after 5 years from the date of keys collection for your new flat or DBSS flat.
Essential occupiers in the flat
Occupiers who are essential in forming a family nucleus with you in the flat application must continue to be listed in the application and stay in the flat during the 5-year MOP.
They cannot make a separate application, or be listed as occupiers in another application to buy an HDB flat or another EC within the MOP.
Renting out the whole flat
You can rent out your whole flat after the 5-year MOP after you have obtained approval from HDB.
Renting out rooms
No prior approval from HDB is needed if you rent out bedrooms in your flat within the MOP. However, you must register the renting out of bedrooms with HDB within 7 days of doing so. You are also required to notify HDB when you renew or terminate the renting out of bedrooms, and when there are changes to your tenants’ particulars.
From 1 May 2018, flat owners will be required to seek HDB’s approval before renting out their bedroom(s). Applications to rent out bedrooms can be submitted online via HDB’s e-services.
If you own a 3Gen flat, you cannot rent out any bedrooms within the MOP.
See more guidelines on renting out rooms.
The resale levy is meant to reduce the housing subsidy on the flat buyers' second subsidised flat. It also ensures a fairer allocation of housing subsidies among flat buyers.
You are liable to pay a resale levy:
- When you sell the subsidised flat after meeting the MOP, and buy a second subsidised flat from HDB, or take over ownership of another subsidised HDB flat
- Buy an Executive Condominium (EC) from a developer where the land sale was launched on or after 9 December 2013
If you do not intend to buy a second subsidised flat from HDB, for example, you are buying a resale flat, new DBSS flat, or EC from a developer where land sale was launched before 9 December 2013 or a private residential property, you need not pay the resale levy.
Subsidised flat sold on or after 3 March 2006
If you have sold your first subsidised flat from 3 March 2006 onwards, you will pay a fixed amount resale levy as follows:
Flat Type of the First Subsidised Flat
Fixed Amount Resale Levy
The fixed amount gives flat owners certainty about the resale levy they need to pay and helps them plan ahead. Owners of smaller flats can upgrade to a bigger flat when they are financially ready, and owners of bigger flats can buy a smaller flat in the event of a financial crisis.
The revised resale levy will apply to second-time flat buyers who book their second subsidised flat and submit their application to sell their first subsidised flat, on or after 3 March 2006.
Subsidised flat sold before 3 March 2006
Flat owners who have sold their first subsidised flats before 3 March 2006 will have to pay the graded resale levy as follows:
(Based on Declared Resale Price, or 90% of Market Valuation, whichever is higher)
5-room & Executive
*Applicable for 2-room flat owners who upgrade to a bigger flat.
You can choose to pay the resale levy at the point of resale or defer the payment until you buy another flat from HDB. If you opt to defer the payment, interest at the prevailing rate of 5% per annum will be charged.
Mode of payment
The resale levy must be paid in cash. HDB’s mortgage financing is not extended to the payment of resale levy.
When to pay
You will need to pay the resale levy:
If you sell your existing flat taking possession of the second subsidised flat.
The resale levy will be deducted from the sale proceeds at the point of selling your existing flat in the open market. Any shortfall will have to be topped up in cash.
If you sell your existing flat collecting the keys to the second subsidised flat.
The resale levy has to be paid in cash at the point of taking possession of your second subsidised flat.
Ownership/ interest in property
You can invest in private residential property after the 5 year MOP. However, you have to continue living in the flat after the purchase of the private property.
Further conditions for flats purchased under Married Child Priority Scheme (MCPS)
Your parents/ married child must undertake to continue living in the same town or within 2km* of the new flat during the 5-year MOP.
*For applications received from May 2018 sales launches:
- Your parents/ married child must undertake to continue living within 4 km of the new flat during the 5-year MOP
Further conditions for purchase of 3Gen flats
3Gen flats can only be resold in the open market to eligible multi-generation families.
To buy a 3Gen flat, the multi-generation family must comprise:
- Married couple and parent(s)
- Courting couple (fiancé and fiancée) and parent(s)
- Widow/ widower with child and parent(s)
- Divorcee with child and parent(s)
Applicants must meet the minimum citizenship requirement to buy a flat under the Public Scheme or Fiancé/Fianceé Scheme. In addition, at least one of the parents must be a Singapore Citizen or Singapore Permanent Resident.