No Resale Levy for Executive Condominium (EC)
- When is Resale Levy Payable? Resale levy is payable when you: * Purchase your first flat direct from HBD or if you are able to receive a grant from CPF Housing, then traded it after acquiring the Minimum Occupation Period (MOP) * Purchase a new flat from HBD that is already subsidized. * Purchase an Executive Condominium straight from the developer where its land sale falls on or after 9 December 2013. When is Resale Levy NOT Payable? Resale Levey is non collectible when you: * Purchase a private property * Avail an HBD resale flat * Obtain DBSS flat direct from developer * Buy an Executive Condominium which land sale was launched before 9 December 2013. For details, see https://www.propertyreview.sg/executive-condominium-ec-without-resale-levy/
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