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If, have you sold the unit? It can only be paid in cash either from sale proceed straight or when you collect keys to your new unit if you already sold your first unit.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

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If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More

Unfortunately, the resale levy for HDB flats in Singapore cannot be paid in installments or with your CPF funds. It's a fixed sum that needs to be paid in full using cash or proceeds from the sale of your existing flat.

Here's a breakdown of how the resale levy works:

* **The amount is determined:** The exact amount you owe is only calculated when you book your second subsidised flat, not when you sell your first one.
* **Payment methods:** You can pay the levy using the sales proceeds from your first flat or with cash. HDB housing loans or CPF funds cannot be used for this purpose.
* **Timing of payment:**
* If you sell your current flat **after** receiving the keys to your second flat, the resale levy will be deducted from the sale proceeds automatically. Any remaining balance needs to be settled in cash.
* If you sell your current flat **before** receiving the keys to your second flat, you'll need to pay the full resale levy amount in cash upon collecting the keys to your new flat.

Here are some resources that you might find helpful:

* **HDB Resale Levy:** [https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying](https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying)
* **Conditions After Buying a Flat (HDB):** [https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying](https://www.hdb.gov.sg/residential/buying-a-flat/conditions-after-buying)

If you're planning to sell your current resale flat and buy a new one, it's important to factor in the resale levy cost when calculating your finances. Speaking to a licensed property agent can also be beneficial, as they can guide you through the process and help you estimate the potential resale levy amount.
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From: ABLE Toh- Your Property ASSISTANT ：）

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XXXXX The End XXXXXXX Read More

Hi, appreciate your sharing. Reduce from sale proceed once you sold your current unit.
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
Stewart-PropNex (Senior Associate Division Director) Read More

Hi,

I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead. By the way, the levy can be paid by using your sale proceeds after selling the existing flat.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Nisha,

For resale levy, it will be payable in cash and it is usually deducted from the sale proceeds when you sell the flat. Please feel free to contact me so that I can understand your situation and provide you with further assistance!

Regards,
Nick Tan
(M) +65 96 44 48 54
B.Eng(Chemical)(Hons)(NUS) / Cert-in-REA
(E) nick96444854@gmail.com

SEAA Salespersons Achievement Platinum Award 2020/2022/2023

WhatsApp: https://wa.me/qr/X6VRPGSSIHN5D1

Visit my website to get to know me better:
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I was featured recently on Council for Estate Agencies (CEA) Newsletter:
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Susana (Buyer) Read More

Hi Nisha,

There is no instalment or usage of CPF for payment of resale levy. You can opt to have the resale levy being paid immediately after your sales completion. Resale levy is not applicable if you are not purchasing another subsidized HDB.

I have been in the real estate business since 2009, with more than 14 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Senior Division Associate Director
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
 +65 92787772 
www.geryllim.com

My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Landed Dynamic Alliance
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Hi Nisha,

Resale Levy is to be paid in Cash upon the sale of your current flat. There will not be any installment payments, nor is it payable using CPF. It can come from your Cash sale proceeds.

Do take note that if you're purchasing another resale flat, you need not pay resale levy.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile +65 97 48 63 05. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
+65 97 48 63 05
PropNex Realty Read More

Hi Nisha,

1) There are 2 possible situations you might be facing:
(a) The sale of your flat was completed your sale before the key collection was due. You have to keep your cash proceeds for the resale levy when called for key collection.
(b) You have not sold or completed your sale when called for key collection. The HDB will deduct the cash proceeds for the resale levy before releasing the rest to you.

2) The resale levy must be paid in cash. The HDB is not accepting any other options. The HDB will not release the BTO/SBF key without paying the resale levy.
3) Note that if this is your 2nd HDB loan, the cash proceeds are subject to a 50% deduction to pay for your BTO/SBF to reduce the HDB loan.
4) The resale levy is deducted from the 50% cash proceeds you are supposed to receive and not deduct from the initial cash proceeds.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
https://www.linkedin.com/in/ckling/ Read More

Hi
Resale levy can only use cash
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155 .
Hope to hear from you soon.
Pei
Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd

https://linktr.ee/peiproperty
https://r011838b.propnex.net Read More

WhatsApp me at: ABLE Toh (65) 9856-9255  or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
(1) "If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here:
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(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: (65) 9856 9255  or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
=========
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