What Does It Mean?
The 15-month wait-out period is a cooling measure introduced on 30 September 2022. Private residential property owners (and ex-owners) below age 55 must wait 15 months after the legal completion of their private property sale before they can buy a non-subsidised HDB resale flat. Seniors aged 55 and above who move to a 4-room or smaller resale flat are exempt. The rule aims to moderate HDB resale demand from cash-rich downgraders.
Why It Matters
The 15-month wait-out period can strand downgraders for over a year between selling their private home and buying an HDB resale flat. Anyone planning to right-size from private to public housing must budget for interim accommodation and time their sale accordingly — or fall within the age-55 exemption.
Where to Find This on ShiokNest
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Official Sources
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Frequently Asked Questions
Who is exempt from the 15-month wait-out period?
Does the wait-out apply to BTO flats?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of July 2026. Check official sources for the latest.