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Guide to Buying Resale HDB Flats for Permanent Residents

· Buying a property

Buying Resale HDB Flats

A Guide For PRs

SPRs are eligible to buy HDB flats on the resale market, subject to the HDB Ethnic Integration Policy (EIP) and SPR quota.

The Ethnic Integration Policy (EIP) helps to maintain a good ethnic mix in HDB estates, thereby helping to promote racial integration and harmony. It applies to all HDB flats.

The Singapore Permanent Resident (SPR) quota was implemented to better integrate SPR families into the local community. Malaysians are excluded from this quota because of their close cultural and historical similarities with Singaporeans.

Buyers need to ensure that they are within the EIP proportion for the block/ neighbourhood, and if applicable, the SPR quota as well. 

SPR Quota for Non-Malaysian SPR households:

Neighbourhood: 5%

Block: 8%

You can use HDB’s e-Service to check if you are eligible to buy an HDB resale flat in a particular block or neighbourhood under the EIP and SPR quota.

The EIP and SPR quota are updated on the 1st of every month, and will apply to all complete resale applications received during that month. The buyers and sellers must meet the eligibility conditions under the EIP and SPR quota at the point of submitting the complete resale application. A resale application is deemed as complete only when HDB receives both the buyers' and sellers' portions of the resale application.

There is no restriction on the sale and purchase of an HDB flat if:

The proportion of the buyers' ethnic group/ SPR quota is within the prescribed block/ neighbourhood limits

The buyers and sellers are of the same ethnic group and/ or citizenship type 

Eligibility schemes

SPRs are eligible to buy HDB flats on the resale market under the following schemes:

Public scheme

Fiance and fiancée scheme

Non-citizen spouse scheme

Non-citizen family scheme 

SPRs are also eligible to buy Executive Condominiums (EC) from the resale market. 

SPRs are eligible to buy HDB flats on the resale market, subject to the HDB Ethnic Integration Policy (EIP) and SPR quota.

The Ethnic Integration Policy (EIP) helps to maintain a good ethnic mix in HDB estates, thereby helping to promote racial integration and harmony. It applies to all HDB flats.

The Singapore Permanent Resident (SPR) quota was implemented to better integrate SPR families into the local community. Malaysians are excluded from this quota because of their close cultural and historical similarities with Singaporeans.

Buyers need to ensure that they are within the EIP proportion for the block/ neighbourhood, and if applicable, the SPR quota as well.

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Should you be thinking of selling, or would simply like an update of where your property sits in today's market, book a non-obligatory discussion with one of our TemasekClass consultants.

 

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