EC Resale Levy
GARDEN . RIVER . LIVING
Launching April 2022
Launching April 2022
Sunday, 28 May 2023
Developer hotline
North Gaia EC Resale Levy
If you previously bought a new flat from HDB, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, find out if you need to pay a resale levy.
First subsidised flat sold on or after 3 March 2006
| 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 |
First subsidised flat sold before 3 March 2006
If you sold your first subsidised flat before 3 March 2006, a percentage graded resale levy will apply (see table for more details).
At the same time, if you had opted to defer the payment of the resale levy until you buy another flat from HDB, an interest at a prevailing rate of 5% per annum is charged.
| First Subsidised Housing Type | Resale Levy Amount | |
|---|---|---|
| Based on resale price of the sold flat, or 90% of its market valuation, whichever was higher | ||
| Households | Single Grant recipients | |
| 2-room flat | 10%* or 15% | 5%* or 7.5% |
| 3-room flat | 20% | 10% |
| 4-room flat | 22.5% | 11.25% |
| 5-room flat and Executive | 25% | 12.5% |
* Only applicable to 2-room flat sellers who upgrade to a larger flat type.