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Hi Neo,

Quoted from HDB website:

Resale levy is payable when a second-timer buys or takes over the ownership of another subsidised flat.

A second-timer purchaser refers to a Singapore citizen household that has previously enjoyed the first housing subsidy when they bought a:
New flat from HDB, or
Resale flat with housing grant

A flat is considered a subsidised flat if you have bought it:
Directly from HDB, or
From the open market with a CPF Housing Grant

This means that if you are selling/have sold a subsidised flat and are intending on or have booked a new flat, you will have to pay the Resale Levy.

For more information of resale levy, you can go to the following link:

http://www.hdb.gov.sg/fi10/fi10322p.nsf/w/SellFlatResaleLevy?OpenDocument

Hope this helps.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
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(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
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ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More

(1) Reviews and credibility
Read client reviews for Able S K Toh, Property Agent (Director level), on PropertyGuru:
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(2) Direct contact
WhatsApp Able Toh, Property Agent (Director level), at +65 9856 - 9255 or via:
https://wa.me/6598569255

This platform does not support direct messaging.

(3) Property services
Professional support for renting, selling, buying, and property investment in Singapore.

(4) Private home buyers
Assistance in sourcing resale and new private homes at zero charge, as seller agents commonly share commissions.

(5) New launches and developer sales
Access to competitive pricing, no agent fees, and updated brochures, floor plans, and price lists.

ABLE Toh ( Your TRUSTED Singapore Property Agent/ Consultant)
Mobiile : 98 56 92 55
Email: Able.selling@gmail.com Read More