What happens after completion?

Conditions after Buying

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

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

This fixed resale levy amount gives greater certainty for financial planning, be it for upgrading to a larger flat, or right-sizing to a smaller flat.

First Subsidised Housing Type Resale Levy Amount
Households Single 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