# Removal of the 15-month Wait-out Period for Private Residential Property Owners Purchasing Non-Subsidised HDB Resale Flats - **Source:** Ministry of National Development - **Published:** 2026-07-28T02:00:00.000Z - **Author:** Ministry of National Development - **Original:** https://www.mnd.gov.sg/newsroom/press-releases/view/removal-of-the-15-month-wait-out-period-for-private-residential-property-owners-purchasing-non-subsidised-hdb-resale-flats - **Topics:** HDB & Public Housing, Private Residential, Government & Policy ## Featured rationale The removal could revive private-to-public housing downgrades and demand for larger resale flats, while rising MOP completions may help absorb demand and moderate price pressure. ## AI summary The 15-month wait-out period was removed immediately for private-property owners buying non-subsidised HDB resale flats without an HDB loan, following two quarterly price declines. ## Original article With immediate effect, private residential property owners (PPOs) and ex-PPOs who purchase a non-subsidised HDB resale flat without an HDB housing loan will no longer be subject to a 15-month wait-out period. This follows several quarters of price moderation in the HDB resale market, which is showing signs of stabilisation. Wait-out Period The 15-month wait-out period was introduced as part of a series of property cooling measures on 30 September 2022 to moderate demand and promote sustainable conditions in the property market. PPOs were required to serve the wait-out period after disposing of their private residential property, before they could purchase a non-subsidised HDB resale flat. This temporary measure was intended to prioritise access to public housing for first-time home buyers and ensure that HDB resale flats remain affordable for home buyers with greater housing needs. To better support the retirement needs of seniors, Singapore citizens aged 55 and above were exempted from the 15-month wait-out period if they moved from their private property to a 4-room or smaller non-subsidised HDB resale flat. Stabilising HDB Resale Market The Government has been closely monitoring the HDB resale market, which has shown signs of stabilisation. Based on the HDB Resale Price Index, resale prices have declined for two consecutive quarters in the first half of 2026, by 0.1% in 1st Quarter 2026 and 0.3% in 2nd Quarter 2026. This follows five consecutive quarters of slower or no price growth from 4th Quarter 2024 to 4th Quarter 2025. This is further supported by a larger number of new flats completing their Minimum Occupation Period (MOP)[1] and entering the resale market over the next few years. The Government has therefore assessed that the 15-month wait-out period can now be removed. Purchase of HDB Resale Flat To purchase an HDB resale flat, PPOs and ex-PPOs are required to first obtain an HDB Flat Eligibility (HFE) letter. Those who already hold a valid HFE letter and whose flat purchase plans remain unchanged are not affected. For those with HFE applications currently being processed, HDB will automatically update their eligibility status and no action is required on their part. For those with pending appeals for a waiver of the 15-month wait-out period, they no longer need to wait for HDB's reply and may proceed to apply for an HFE letter directly. HDB will also be reaching out to these appellants directly. PPOs and ex-PPOs who were previously exempted from the 15-month wait-out period to buy a 4-room or smaller non-subsidised HDB resale flat and hold a valid HFE letter may cancel and re-apply for a new HFE letter, if they wish to purchase a 5-room or larger non-subsidised HDB resale flat instead. HDB will inform them via email. PPOs will be required to dispose of their private residential properties – whether in Singapore or overseas – within six months from the completion of the HDB resale flat purchase. For PPOs and ex-PPOs who wish to purchase a subsidised HDB flat (i.e. a new flat from HDB with or without housing grants, or a resale flat with housing grants), an Executive Condominium unit from a property developer, or intend to obtain an HDB housing loan for their flat purchase, the existing requirement to wait out a period of 30 months after the disposal of their private residential property remains unchanged. Providing Affordable & Accessible Housing for Singaporeans HDB remains committed to keeping public housing affordable, accessible and inclusive for all Singaporeans. We will continue to monitor the property market closely and adjust our policies as needed to ensure they remain relevant. Issued By: Housing & Development Board [1] A rising number of BTO flats will reach their MOP in the coming years, increasing from 8,000 units in 2025 to 13,500 in 2026, 15,000 in 2027 and 19,500 in 2028. ## Chinese translation > Translation model: grok_cli ### 取消私人住宅业主购买非津贴组屋转售单位的15个月等候期 即日起，私人住宅业主（PPO）及前私人住宅业主（ex-PPO）在不使用建屋发展局（HDB）房屋贷款的情况下购买非津贴组屋转售单位，将不再受15个月等候期限制。此举是鉴于组屋转售市场连续数个季度价格放缓，并呈现稳定迹象。 等候期 15个月等候期是2022年9月30日一系列房地产降温措施的一部分，旨在抑制需求并促进房地产市场的可持续状况。私人住宅业主须在脱售私人住宅后，完成等候期，方可购买非津贴组屋转售单位。这项临时措施旨在优先保障首次置业者获得公共住房的机会，并确保组屋转售单位对住房需求更大的购屋者保持可负担性。 为更好支持年长者的退休需求，年满55岁及以上的新加坡公民若从私人住宅迁入四房式或更小的非津贴组屋转售单位，可获豁免15个月等候期。 组屋转售市场趋于稳定 政府一直密切关注组屋转售市场，该市场已呈现稳定迹象。根据组屋转售价格指数，转售价格在2026年上半年连续两个季度下跌，2026年第一季下跌0.1%，2026年第二季下跌0.3%。此前，从2024年第四季至2025年第四季，价格已连续五个季度增速放缓或持平。未来数年将有更多新组屋完成最低居住年限（MOP）[1]并进入转售市场，亦进一步支持这一判断。因此，政府评估认为，现可取消15个月等候期。 购买组屋转售单位 私人住宅业主及前私人住宅业主若要购买组屋转售单位，须先取得组屋资格（HFE）信函。已持有有效HFE信函且购屋计划不变者不受影响。对于目前正在处理中的HFE申请，建屋发展局将自动更新其资格状况，申请人无需采取任何行动。 对于正就豁免15个月等候期提出上诉、尚待处理者，他们无需再等待建屋发展局的答复，可直接申请HFE信函。建屋发展局亦将主动联系这些上诉人。 此前因获豁免15个月等候期而可购买四房式或更小非津贴组屋转售单位、并持有有效HFE信函的私人住宅业主及前私人住宅业主，若希望改为购买五房式或更大的非津贴组屋转售单位，可取消并重新申请新的HFE信函。建屋发展局将通过电邮通知他们。 私人住宅业主须在组屋转售单位购买完成之日起六个月内，脱售其私人住宅——无论位于新加坡或海外。 私人住宅业主及前私人住宅业主若希望购买津贴组屋（即向建屋发展局购买的新组屋，无论是否获得购屋津贴，或获得购屋津贴的转售单位）、向发展商购买的执行共管公寓单位，或打算为其购屋申请建屋发展局房屋贷款，则在脱售私人住宅后须等候30个月的现有规定维持不变。 为新加坡人提供可负担且可及的住房 建屋发展局仍致力于为所有新加坡人维持可负担、可及且具包容性的公共住房。我们将继续密切关注房地产市场，并视需要调整政策，以确保政策保持相关与适时。 发布机构：建屋发展局 [1] 未来数年将有越来越多预购组屋（BTO）单位达到最低居住年限，数量将从2025年的8,000个单位增至2026年的13,500个、2027年的15,000个及2028年的19,500个。