Policy before and after · Policy relaxation
Singapore removes the 15-month wait-out for private-property owners buying non-subsidised HDB resale flats without an HDB housing loan
Announced 28 July 2026 · Effective 28 July 2026
Read the full event recordCompare with another policyCreate research briefView Wait-out period policy evolution
Comparison window
Comparison anchored to effective date: 28 July 2026. Before: 29 April 2026 to 27 July 2026. After: 28 July 2026 to 25 October 2026. The same 90 days on each side; the anchor day counts as after.
Before · 29 Apr 2026 to 27 Jul 2026
5 land-sales awards
- 16 land-sales steps in all
- 1 other archive event
The event
Announced 28 Jul 2026
Effective 28 Jul 2026
The effective date is the anchor.
After · 28 Jul 2026 to 25 Oct 2026
4 land-sales awards
- 10 land-sales steps in all
- 67 of 90 days observable so far; the last 23 are after 2 Oct 2026
What this comparison can and cannot show
Generated from this window's records
Recorded
- 4 policy parameters recorded with a before and an after value on this event.
- 5 land-sales awards in the 90 days before the effective date, and 4 in the 67 observable days after.
- None of the 4 tracked series has a whole period on both sides of a 90-day window, so no market figure is compared.
Cannot be concluded
- That this event moved any figure on this page. The comparison is by date; nothing here is attributed to the event.
- Anything about the last 23 of the 90 days after: they are after the date of this reading.
- A reading of the concurrent land sales and events as responses to this one. They are listed by date alone.
About this eventIssuing authority, category, affected market, primary source, summary
- Announced
- 28 July 2026
- Effective
- 28 July 2026
- Issuing authority
- Ministry of National Development, Housing & Development Board
- Category
- Policy relaxation
- Affected market
- The scope is a conjunction, not a single condition. All four must hold: (a) the purchase is of an HDB RESALE flat, not a new flat; (b) the purchase is NON-SUBSIDISED, generally meaning without CPF housing grants that make it subsidised; (c) the flat's classification and applicable eligibility conditions permit it; (d) the buyer does NOT take an HDB housing loan. Eligible financing routes are cash, or a housing loan from a bank or other financial institution. The accurate compression is "Singapore removed the 15-month wait-out for private-property owners and former owners buying qualifying non-subsidised HDB resale flats without an HDB housing loan".
- Primary source
- Joint MND-HDB statement on removal of the 15-month wait-out period
The Government removed the temporary 15-month wait-out with immediate effect on 28 July 2026 for private residential property owners and former owners purchasing qualifying non-subsidised HDB resale flats without an HDB housing loan. The relaxation applied to eligible buyers of all ages and qualifying flats of any size, replacing the narrow exemption for citizens aged 55 and above right-sizing to a 4-room or smaller flat. It removed BOTH the requirement to sell first AND the subsequent waiting period, restoring the buy-first, dispose-later sequence for the qualifying route. The 30-month wait-out remained for specified subsidised purchases and for applicants seeking an HDB housing loan, and the six-month disposal requirement after completing the resale purchase was unchanged. The change partially reversed the September 2022 package without amending its three credit instruments. The Government cited HDB resale-price growth slowing from 10.4% in 2022 to 2.9% in 2025 and two consecutive quarterly index declines in the first half of 2026; those figures are independently verified against Prevo's loaded index, but they do not establish that the wait-out caused the moderation. Post-removal outcomes are too recent to assess and are pre-registered for review from Q4 2026.
In brief
In brief
- WAIT_OUT, cash or fi loan, PPO AND EX PPO, non subsidised hdb resale: decreased from 15 months to 0 months.
- 5 GLS site awards were recorded in the before window and 4 in the after window.
What changed
| Policy parameter | Before | After | Change |
|---|---|---|---|
| WAIT_OUT · cash or fi loan, PPO AND EX PPO, non subsidised hdb resale | 15 months | 0 months | Decreased |
| WAIT_OUT · hdb housing loan, PPO AND EX PPO, non subsidised hdb resale | 30 months | 30 months | Unchanged |
| WAIT_OUT · PPO AND EX PPO, subsidised or grant assisted or new flat or ec from developer | 30 months | 30 months | Unchanged |
| WAIT_OUT · post purchase disposal deadline, qualifying non subsidised hdb resale | 6 months | 6 months | Unchanged |
Where these values come from
- Source
- Recorded on this event's policy matrix in Prevo's archive. The event's primary source: Joint MND-HDB statement on removal of the 15-month wait-out period.
- Primary source published
- 28 July 2026
- Validity
- In force from the event's effective date, 28 July 2026. The row records no date of its own; the date is the event's.
- Basis
- Archive record. The matrix row carries no source reference of its own; the event's sources are listed below.
Observed around this event
View linked outcomesThe same statistic over the 90 days before and after the anchor. Figures describe what was recorded in each window; they do not attribute a change to this event.
Singapore private residential transactions, all types of sale
units · Total over whole periodic periods inside each 90-day window
Before
None
Coverage 0/90 days
After
None
Coverage 0/90 days
Difference
Not stated
No whole periodic period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- FLOW
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Calculated (sum of published period values)
- Shown because
- Mapped to this kind of event
Private Residential Property Price Index, All Residential
index (2009Q1=100) · Value in the latest whole periodic period inside each 90-day window
Before
None
Coverage 0/90 days
After
None
Coverage 0/90 days
Difference
Not stated
No whole periodic period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
HDB Resale Price Index
index (2009Q1=100) · Value in the latest whole periodic period inside each 90-day window
Before
None
Coverage 0/90 days
After
None
Coverage 0/90 days
Difference
Not stated
No whole periodic period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Housing & Development Board
- Series kind
- INDEX
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Source fact (latest whole period)
- Shown because
- Mapped to this kind of event
Singapore private residential transactions, Resale
units · Total over whole periodic periods inside each 90-day window
Before
None
Coverage 0/90 days
After
None
Coverage 0/90 days
Difference
Not stated
No whole periodic period of this series falls inside either window, so no comparison is stated. A longer window may contain one.
Provenance
- Source
- Urban Redevelopment Authority
- Series kind
- FLOW
- Basis
- Observation periods wholly inside each window, values as originally recorded.
- Origin
- Calculated (sum of published period values)
- Shown because
- Cited by this event's own outcomes
Concurrent planning and land activity
Land sales and other archive events dated inside the windows, listed by date only. Each land-sales line shows the site as the record stood on that day.
Before the effective date
17 lines
16 land-sales steps (5 awards) · 1 archive event
From the effective date
14 lines
10 land-sales steps (4 awards) · 4 archive events
Explore concurrent eventsHide concurrent events
Before (17)
4 May 2026 · Land sales
Dunearn Road (19,041.6 sqm parcel): AwardedResidential with commercial at 1st storey · status on 4 May 2026: Awarded · awarded to Winrich Investment Pte. Ltd. and Metrobilt Construction Pte Ltd at S$532,999,999
7 May 2026 · Land sales
Holland Plain: Tender closedResidential · status on 7 May 2026: Tender closed, award pending
8 May 2026 · Archive event
Singapore doubles the MOP for future EC projects, removes deferred payment and delays full privatisation to year 15Announced 8 May 2026
12 May 2026 · Land sales
Holland Plain: AwardedResidential · status on 12 May 2026: Awarded · awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at S$454,000,000
15 May 2026 · Land sales
Berlayar Drive: Launched for tender, Confirmed ListResidential · status on 15 May 2026: Tender open
15 May 2026 · Land sales
New Upper Changi Road: Launched for tender, Confirmed ListResidential · status on 15 May 2026: Tender open
26 May 2026 · Land sales
Canberra Drive: Launched for tender, Confirmed ListExecutive Condominium housing · status on 26 May 2026: Tender open
11 June 2026 · Land sales
Peck Hay Road: Tender closedResidential · status on 11 June 2026: Tender closed, award pending
16 June 2026 · Land sales
Peck Hay Road: AwardedResidential · status on 16 June 2026: Awarded · awarded to CDL Constellation Pte. Ltd. and Garden Estates (Pte.) Limited at S$542,400,000
18 June 2026 · Land sales
River Valley Green (Parcel C): Tender closedResidential · status on 18 June 2026: Tender closed, award pending
23 June 2026 · Land sales
River Valley Green (Parcel C): AwardedResidential · status on 23 June 2026: Awarded · awarded to SMCL Haven 3 Pte. Ltd. and CSC Land Group (Singapore) Pte. Ltd. at S$750,569,199
25 June 2026 · Land sales
Lorong Puntong / Sin Ming Avenue: Launched for tender, Confirmed ListResidential · status on 25 June 2026: Tender open
25 June 2026 · Land sales
Kitchener Link: Released on the Reserve ListResidential · status on 25 June 2026: On the Reserve List
30 June 2026 · Land sales
Admiralty Walk: Launched for tender, Confirmed ListExecutive Condominium housing · status on 30 June 2026: Tender open
3 July 2026 · Land sales
Town Hall Link: Launched for tender, moved from the Reserve List to the Confirmed ListWhite site · status on 3 July 2026: Tender open
15 July 2026 · Land sales
Bayshore Drive: Tender closedCommercial and residential · status on 15 July 2026: Tender closed, award pending
20 July 2026 · Land sales
Bayshore Drive: AwardedCommercial and residential · status on 20 July 2026: Awarded · awarded to Gemini Residential Pte. Ltd. and Gemini Trustee Pte. Ltd. (as trustee-manager of Gemini Mall Trust) at S$2,128,000,000
After (14)
28 July 2026 · Land sales
Chitty Road and Veerasamy Road: Tender closedResidential: 18 conserved two-storey buildings of 1927, within the existing envelope under the Conservation Guidelines · status on 28 July 2026: Tender closed, award pending
28 July 2026 · Archive event
Singapore lengthens developer ABSD remission timelines for large and mega en bloc redevelopmentsAnnounced 28 July 2026
4 August 2026 · Land sales
Berlayar Drive: Tender closedResidential · status on 4 August 2026: Tender closed, award pending
7 August 2026 · Land sales
Chitty Road and Veerasamy Road: AwardedResidential: 18 conserved two-storey buildings of 1927, within the existing envelope under the Conservation Guidelines · status on 7 August 2026: Awarded · awarded to YK Land Pte. Ltd. at S$35,288,000
7 August 2026 · Land sales
Berlayar Drive: AwardedResidential · status on 7 August 2026: Awarded · awarded to Intrepid Investments Pte. Ltd. and GuocoLand (Singapore) Pte. Ltd. at S$576,778,554
13 August 2026 · Land sales
Marina Gardens Lane (6,007.4 sqm parcel): Launched for tender, Confirmed ListResidential with commercial at 1st storey · status on 13 August 2026: Tender open
13 August 2026 · Land sales
Orchard Boulevard (3,438.0 sqm parcel): Launched for tender, Confirmed ListResidential · status on 13 August 2026: Tender open
23 August 2026 · Archive event
Singapore raises HDB and Executive Condominium income ceilings and adds a ballot chance for each childAnnounced 23 August 2026
23 August 2026 · Planning
Singapore sets out a long-term outer islands land strategy at the National Day RallyAnnounced 23 August 2026
31 August 2026 · Archive event
Singapore raises Land Betterment Charge rates for five of nine use groups from 1 September 2026Announced 31 August 2026
1 September 2026 · Land sales
New Upper Changi Road: Tender closedResidential · status on 1 September 2026: Tender closed, award pending
4 September 2026 · Land sales
New Upper Changi Road: AwardedResidential · status on 4 September 2026: Awarded · awarded to United Venture Development (Daisy) Pte. Ltd. and CL Sapphire Pte. Ltd. at S$1,425,388,000
15 September 2026 · Land sales
Lorong Puntong / Sin Ming Avenue: Tender closedResidential · status on 15 September 2026: Tender closed, award pending
18 September 2026 · Land sales
Lorong Puntong / Sin Ming Avenue: AwardedResidential · status on 18 September 2026: Awarded · awarded to Eco World Development (S) Pte. Ltd. at S$208,099,000
Methodology5 rules
- Comparison anchored to effective date: 28 July 2026. The anchor is the effective date where one is recorded, otherwise the announcement date.
- The windows are the same number of days on each side of the anchor, and the anchor day belongs to the after window.
- A series counts toward a window only for observation periods wholly inside it, with values as originally recorded, not as later revised.
- Where no whole period falls inside a window, no value and no difference is stated; a day no whole period covers is missing, never zero.
- Concurrent land sales and archive events are listed by date alone. Nothing on this page is attributed to the event.
Sources
The event's sources (7)
Primary sources7
Joint MND-HDB statement on removal of the 15-month wait-out period
Ministry of National Development · Primary source · Published 28 July 2026
Original source link unavailable
Remarks by Minister for National Development Chee Hong Tat, 11th Singapore Economic Review Conference
Ministry of National Development · Primary source · Published 28 July 2026
HDB Pulse: Removal of the 15-month Wait-out Period for Private Residential Property Owners Purchasing Non-Subsidised HDB Resale Flats
Housing & Development Board · Primary source · Published 27 July 2026
HDB Resale Price Index and resale transaction statistics (series)
Housing & Development Board · Primary source · Publication date not recorded
HDB Q2 2026 public housing data and flash estimates
Housing & Development Board · Primary source · Publication date not recorded
HDB resale flat eligibility conditions and conditions after buying a resale flat
Housing & Development Board · Primary source · Publication date not recorded
Eligibility to buy a flat: couples and families (HDB)
Housing & Development Board · Primary source · Publication date not recorded
Event checked against its primary sources on 13 August 2026. Each claim keeps its own verification status.
Observed series come from the published statistics named on each card. Land-sales lines link to the site record and its releases.