Increased occupation period

Currently, buyers of subsidised HDB flats are not allowed to own a private residential property within the minimum occupation period, but buyers of non-subsidised flats can, as long as they live in the HDB flat.

However, to emphasize that HDB flats are meant for long-term owner-occupation, the MOP of non-subsidised flats for resale and subletting of flat will be increased from three to five years. Buyers will also be disallowed from concurrently owning both an HDB flat and a private residential property within the MOP.

Private property owners who buy a non-subsidised HDB flat must now dispose of their private residential property within six months from the date of flat purchase.

The changes will apply to resale transactions where applications are received by HDB from Aug 30 onwards.

For enquiries, the public can contact HDB at the following numbers:

• Sales/Resale Customer Service Line : 1800 8663 066
• Branch Office Service Line : 1800 2255 432