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MOGUL.sg

22 Apr 2022

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How much is resale levy & can you use CPF to pay for it?

If you're looking to sell your BTO flat after the MOP, you can't avoid paying the resale levy.

According to the HDB, the resale levy is meant to maintain a fair allocation of public housing subsidies between first-timers and second-timers by reducing the subsidy enjoyed for the second HDB flat or EC.

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Read more about resale levy here: https://www.blog.mogul.sg/post/what-is-resale-l...

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