Resale Levy

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

Second-timers who have sold their first subsidised flat before 3 March 2006 will have to pay a graded resale levy when they buy their next flat from the HDB. 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.

First Subsidised Flat Type	Resale Levy Amount Based on resale price of the sold flat, or 90% of its market valuation, whichever was higher
First Subsidised Flat Type	Households	Singles Grant recipients
2-room	10%* or 15%	5%* or 7.50%
3-room	20%	10%
4-room	22.50%	11.25%
5-room and Executive	25%	12.50%

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

Waiver of Interest on Resale Levy for Elderly

If you and your spouse are aged 55 and above at the point of the new flat application for 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.

The resale levy payable is subject to a minimum payment of the following amounts, which are the resale levy payable by second-timers who sold their first subsidised flat on or after 3 March 2006.

First Subsidised Housing Type	Resale Levy Amount
First Subsidised Housing Type	Households	Singles Grant recipients
2-room flat	$15,000	$7,500
3-room flat	$30,000	$15,000
4-room flat	$40,000	$20,000
5-room flat	$45,000	$22,500
Executive flat	$50,000	$25,000
Executive Condominium	$55,000	Not applicable