Conditions after Buying

After buying a resale flat, there are several conditions you need to take note of. Read on to find out more.

Minimum Occupation Period (MOP)

All owners and occupiers listed in the flat application must occupy the flat for a minimum period of 5 years before you can:

The MOP starts from the day your flat purchase is completed.

Waiver of MOP (only for Top-Up Grant)

If you and your spouse each own a flat and wish to dispose of both flats to get an HDB resale flat using the Top-Up Grant, the MOP may be waived for 1 flat to allow you to sell it in the open market. The other flat can be transferred to eligible family members or persons.

Disposal of Existing Flat

You must dispose of your existing HDB flat (if any) within 6 months of buying a resale flat.

Disposal of existing ownership/ interest in property in Singapore or overseas other than HDB flats

You, your spouse, co-applicants, and any occupiers listed in the resale application must dispose of any interest or ownership in any private residential property within 6 months of buying a resale flat

Resale levy

A resale levy needs to be paid when you buy or take over ownership of another subsidised flat.

Refund of CPF Monies

When you sell the flat bought using a CPF Housing Grant, all of the CPF monies (including the CPF Housing Grant) used for the purchase of that flat will need to be returned to your CPF account.

Further Conditions for Proximity Housing Grant

When you get a Proximity Housing Grant for buying a flat with or near to your parents’/ married child’s home, your parents/ married child must remain residing within 4 km of your flat throughout the MOP.

The parents/ married child must endorse an undertaking in the HDB Resale Portal.

Citizen Top-Up for Grants Received by SC/ SPR Households

SC/ SPR households that received a lower CPF Housing Grant can apply for the Citizen Top-Up of $10,000 when the SPR family member takes up Singapore Citizenship, or when they have an SC child. You must apply for the Citizen Top-Up within 6 months of being eligible for it.