​

​EXECUTIVE CONDOMINIUM'S FREQUENTLY ASKED QUESTIONS & ANSWERS*

(* These Frequently Asked Questions are meant to highlight some common questions and answers for general information only.)

 

Q24. If I am an ex-owner of a flat bought direct from HDB (or an HDB resale flat bought under the CPF Housing Grant Scheme in the open market), do I have to pay a resale levy for my HDB flat when buying an Executive Condominium Unit?

A24: No, you do not need to pay any resale levy.

Q25. If I buy an Executive Condominium (EC) Unit from the developer with the CPF Housing Grant now, what is the resale levy payable if I subsequently sell the EC Unit and buy a HDB flat in future?

A25: You would need to pay a resale levy of $55,000 if you subsequently buy a flat direct from HDB.  This levy has to be paid in cash before you can take possession of the HDB flat.

​

For more information, please visit the HDB website click here 

 

 

Levy/Premium