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Can someone please help me to answer the question about HDB levies. When does a person pay the levy. Direct purchase from HDB and resale HDB

My next question is how does one calculated GFA and GFR?
Thanks
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1 Answer

Hi Jam,
Let me breakdown your question into 2 parts.
1) Resale Levy Payable.
All Singaporean purchase direct (New flat) or apply a housing grant for their 1st purchase HDB Reslae flat. Upon selling their flat, They will be reminded by HDB officer at HDB completion. If they decided to apply for any BTO (2nd New flat) they will need to play a Resale Levy base on the 1st HDB flat type sold. For the detail reslae levy to be paid please go to www.hdb.gov.sg to check.

2) GFA ( Gross Floor Area ) & GFR ???
In simple term GFA = Total Floor area x Plot Ratio. Normally, this are use for housing developers to rebuild a landed property, condomium etc. To determine the allowable number of units of apartments, height limit and built-in size etc. Read More
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