Resale Levy
Applicants who have bought Build-to-Order (BTO) flat, Design, Build and Sell Scheme (DBSS) flat from HDB or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, will have to pay resale levy to purchase a unit in Parc Canberra EC.
The resale levy is to maintain a fair allocation of public housing subsidies between first-timers and second-timers.
- Resale Levy : first subsidised flat sold on or after 3rd March 2006
- Resale Levy : first subsidised flat sold before 3rd March 2006
Resale Levy : first subsidised flat sold on or after 3rd March 2006
| FIRST SUBSIDISED HOUSING TYPE | RESALE LEVY AMOUNT (HOUSEHOLD) | RESALE LEVY AMOUNT (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 |
Resale Levy : first subsidised flat sold before 3rd March 2006
| FIRST SUBSIDISED HOUSING TYPE | RESALE LEVY AMOUNT (HOUSEHOLD) | RESALE LEVY AMOUNT (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 and Executive | 25% | 12.5% |
* Only applicable to 2-room flat sellers who upgrade to a larger flat type.
** Resale Levy % is based on resale price of the sold flat, or 90% of its market valuation, whichever was higher.
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