HDB resale

Housing & Development Board (HDB) resale refer to rent-to-own HDB flats. Buying an HDB resale flat means transferring ownership from a previous owner.
See below for HDB resale price articles or click here for HDB resale price FAQs.

Expect attractive BTO projects in November: PropNex

Over 9,500 units will be offered in three locations.

Expect attractive BTO projects in November: PropNex

Over 9,500 units will be offered in three locations.

66% of young Singaporeans prefer renting to buying a property

They cite a lack of savings as a reason for not purchasing.

HDB resale volume drops 1.7% MoM in August

Of the total volume, only 1.4% were million-dollar flats.

What’s fuelling demand for million-dollar flats? analyst explains

Price gaps and limited supply boost demand for the flats.

Is HDB resale a good investment?

OrangeTee’s Dallas Hassan and Huttons Asia Real Estate Groups’ Lee Sze Teck answer frequently-asked questions on HDB.

July posts 33 million-dollar flats sold – second-highest in a month

This number accounts for 1.4% of the total resale volume in July.

HDB sales dips 3.5% YoY in Q2 22

Quarter-on-quarter, it fell by 1.7% in the second quarter of 2022.

More buyers willing to pay top dollar for choice resale flats: analyst

June saw the second highest monthly sales of million-dollar flats.

HDB resale volume down, prices up 1.2% in June

Prices have climbed for the 24th straight month.

HDB resale prices up 1.1% MoM in January 2022

At least 27 HDB resale flats were transacted for around $1m.

HDB resale prices up 1.3% MoM in November

Thanks to the long period for new BTO launches. 

HDB resale volume for 2021 could hit 29,000: analyst

As of end-November, HDB resale transactions have already reached 28,165. 

HDB resale prices at an all-time high after 2.9% increase in Q3

Analysts said there are three factors that drove the price growth.

HDB resale prices up 13.8% YoY in September

Meanwhile, resale transactions decreased by 8.4% to 2,518.

Investors hungry for HDB resales during hungry ghost month

A record-breaking 26 HDB flats were resold for more than $1m.

Resale market in SG returns after 2-year hiatus: Report

Units sold in the first seven months totalled 9,160, exceeding 2019 and 2020.

HDB resale FAQ

Can I use all my CPF to buy resale HDB?

Yes, you can use all the CPF to buy resale HDB, and no at the same time. For older flats, the younger borrower may not be able to use the whole CPF amount. There will be limitations on the CPF usage if it is an older flat.

See more information in this article.

For some, resale HDB is very much a good investment because of the lack of supply. There are also experts who say that a resale HDB flat is for owner occupation and should not be viewed as an investment.

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It will return to HDB after 99 years.

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The maximum deposit to pay upfront for resale HDB is $5000. Anything that is beyond the valuation has to be paid in cash. About 85% is loan covered and about 15% needs to be paid upfront.

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The valuation is a very integral part to calculate the cost of a resale flat. The valuation depends on the HDB assigned valuer.

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The CPF needed for resale depends on the price of the house. Given he can take a loan of about 85% based on his income capacity, he needs to standby 15% of the valuation.

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Yes, you can reserve all or part of your OA savings before you turn 55 to buy a house after 55.

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The matter of which is better between BTO and resale depends whether you need a home urgently or you can afford to wait. There are grants available to help buyers buy a resale flat. Depending on the amount of grants, this can potentially make the price of a resale flat similar to a BTO flat and make a resale flat more appealing.

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A BTO, given generous subsidies by the Government which can range from 15% to 35%, is much cheaper vs resale. It also depends on the district location. BTO can be cheaper by 100,000 to 200,000 vs resale.

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There is no limit set to how many times one can buy resale HDB. That means you can buy resale HDB as many times as possible but the waiting time right now is five years.

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Yes, resale flats can be rented out after five years of physical occupation and ownership, which is the minimum occupation period (MOP).

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You are encouraged to sell your HDB flat back to the resale market. You can sell HDB flat back to HDB in certain scenarios: financial reasons, if the owner is no longer a Singapore citizen, etc. HDB will take it at a lesser price.

See more information in this article.