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Provence Residence

TOP Oct 2025
LAUNCHING Q2 2021
Updated as at 
7 December 2021

Provence Residence Executive Condominium
Resale Levy

If you previously bought a new flat from HDB, Design, Build and Sell Scheme (DBSS) flat or Executive Condominium (EC) from a developer, or received a CPF Housing Grant, find out if you need to pay a resale levy.

First subsidised flat sold on or after 3 March 2006

First Subsidised Housing TypeResale Levy Amount
HouseholdsSingle Grant recipients
2-room flat$15,000$7,500
3-room flat$30,000$15,000
4-room flat$40,000$20,000
5-room flat$45,000$22,500
Executive Flat$50,000$25,000
Executive Condominium$55,000Not applicable

First subsidised flat sold before 3 March 2006

If you sold your first subsidised flat before 3 March 2006, a percentage graded resale levy will apply (see table for more details).

At the same time, if you had opted to defer the payment of the resale levy until you buy another flat from HDB, an interest at a prevailing rate of 5% per annum is charged.

First Subsidised Housing TypeResale Levy Amount
Based on resale price of the sold flat, or 90% of its market valuation, whichever was higher
HouseholdsSingle Grant recipients
2-room flat10%* or 15%5%* or 7.5%
3-room flat20%10%
4-room flat22.5%11.25%
5-room flat and Executive25%12.5%

* Only applicable to 2-room flat sellers who upgrade to a larger flat type.

Provence Residence EC
Developer: MCC Land (Canberra) Pte Ltd
Location: Canberra Link
Mukim Lot: MK19-04057W
District: 27
Expected TOP: Oct 2025
Tenure: 99 Years Leasehold
Contact Us
Information updated as at
Tuesday, 7 December 2021
info@provence-residence-ec-official.com+65 6100-8108
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