3 Answers

Do you mean HDB resale levy? If you have bought a subsidised housing, you will need to pay a resale levy when you are listed as a core applicant or core occupier in a flat application to buy a second subsidised flat. A subsidised housing is:

- A flat bought from HDB
- A resale flat bought with CPF housing grant
- A Design Build and Sell Scheme (DBSS) flat bought from a property developer
- An Executive Condominium (EC) unit bought from a property developer
Other forms of housing subsidy (e.g. enjoyed benefits under the Selective En bloc Redevelopment Scheme (SERS), privatisation of HUDC estate etc.)

If you do not intend to buy a second subsidised flat from HDB, i.e., you are buying a resale flat or private residential property, you need not pay the resale levy.

Hope it helps!

I have been in the real estate business since 2009, with more than 13 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.

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1
Hi, appreciate your sharing. Example if your 1st purchase is BTO or resale HDB with grants taken, if you plan to purchase new EC or 2nd BTO, you require to play resale Levy
Looking forward to assist you at 9696 4398  or email me at stewartlim96964398@gmail.com

Cheers
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Robbie Chen Chee Howe
Hi,

Yes, HDB resale levy applies if you get a second subsidized housing.

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
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