Resale Levy (Second-time applicants)
If You have previously bought a flat directly from HDB, a DBSS Flat or an Executive Condominium (EC) from a Developer, or have received a CPF Housing Grant, you will need to pay a resale levy for your purchase. This resale levy is not based on the Piermont Grand EC Price.
Do note that Piermont Grand EC price is not inclusive of the resale levy. Refer to the tables below.
First Subsidised Flat Sold on or after 3 March 2006
First Subsidised Flat Sold before 3 March 2006
For cases where the first subsidised flat was sold before 3 March 2006, a percentage graded resale levy will apply.
If you had opted to defer the payment until you buy another flat from HDB, an interest at a prevailing rate of 5% per annum is charged.
*Only applicable to 2-room flat sellers who upgrade to a larger flat type
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