3 Answers

Hi
if your first HDB flat was a new subsidised flat bought directly from HDB, or if you took a housing grant, then the answer is yes you will need to pay a resale levy if you are buying a second new subsidised flat from HDB.
Hope this answers your query and do feel free to contact me if you have any further questions.
Thank you

Clarence Liang
ERA
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Hi,

Yes you have to pay a resale levy if you are purchasing a 2nd subsidized flat (BTO flat from hdb), and it can be paid in cash. Amount varies according to the unit size you own now. Thanks and hope to assist further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

You need to pay a resale levy in either of these cases:

You sell your subsidised flat after meeting the Minimum Occupation Period (MOP), and then buy a second subsidised flat from HDB or take over ownership of a subsidised HDB flat
You sell your subsidised flat after meeting the MOP, and then buy an EC from a developer where the land sale was launched on or after 9 December 2013, including those where tenders were not closed, i.e. Westwood Avenue, Canberra Drive and Anchorvale Crescent

You need not pay a resale levy if you are buying any of these:

Design, Build and Sell Scheme (DBSS) flat from a developer
EC from a developer; where the land sale was launched before 9 December 2013

HDB resale flat
Private residential property

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