15-month wait-out period for private property owners to buy HDB resale flats removed: Chee Hong Tat
Singapore's National Development Minister Chee Hong Tat announced the immediate removal of the 15-month wait-out period for private property owners looking to purchase HDB resale flats. The decision follows signs of stabilization in the HDB resale market.
Why it matters
This policy shift eases housing accessibility for private property owners and reflects the government's responsive approach to changing real estate market conditions.
HDB resale prices have fallen for two consecutive quarters since the start of the year.
Housing and Development Board (HDB) flats in Singapore. (File photo: CNA/Calvin Oh)
Matthew Mohan 28 Jul 2026 09:56AM (Updated: 28 Jul 2026 01:27PM) Bookmark Bookmark Share WhatsApp Telegram Facebook Twitter Email LinkedIn Set CNA as your preferred source on Google Add CNA as a trusted source to help Google better understand and surface our content in search results. Read a summary of this article on FAST. Get bite-sized news via a new cards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FAST SINGAPORE: The 15-month wait-out period for people who sell their private properties to buy Housing and Development Board (HDB) resale flats will be removed with immediate effect, National Development Minister Chee Hong Tat announced on Tuesday (Jul 28).
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