Resale Levy

If you have previously purchased a new HDB flat, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) directly from HDB, or you obtained a CPF Housing Grant, you may be subjected to a Resale Levy. The Resale Levy ensures an equal allocation of public housing subsidies between first-timers and second-timers.

Calculate your resale levy payable with our calculator here.

Revised Resale Levy Amount Payable

The amount of resale levy payable varies according to the flat type of your first subsidised flat.

First Subsidised Flat TypeAmount of Resale Levy Payable under current Policy
2-room$15,000
3-room$30,000
4-room$40,000
5-room$45,000
Executive Flat$50,000

Situations in Which Resale Levy is Payable

You need to pay a resale levy in either of these cases:You need not pay a resale levy if you are buying any of these:
You dispose of your subsidised flat and then buy a second subsidised flat from HDBDesign, Build and Sell Scheme (DBSS) flat from a developer
You dispose of your subsidised flat and then buy an EC from a developer where the land sale was launched on or after 9 December 2013EC from a developer, where the land sale was launched before 9 December 2013
HDB resale flat
Private residential property

Paying Your Resale Levy

Flat Sale TimelineResale Levy Payment
First subsidised flat was disposed of after taking possession of the second subsidised flatResale levy deducted from the sale proceeds upon the sale of the first subsidised flat (Any shortfall must be paid in cash)
First subsidised flat was disposed of before taking possession of the second subsidised flatResale levy paid in cash upon taking possession of the second subsidised flat

If you are still unsure regarding the resale levy payable, please contact us and our friendly Piermont Grand representatives will assist you.

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