The 15-month wait-out period for private property owners buying HDB resale flats, which was introduced in 2022 as a temporary measure to moderate demand, has been removed with immediate effect.  a { text-decoration: none; color: #464feb; } tr th, tr td { border: 1px solid #e6e6e6; } tr th { background-color: #f5f5f5; } Announcing this at the Singapore Economic Review Conference held at Orchard Hotel Singapore on Tuesday (July 28), Minister for National Development Chee Hong Tat said that the Government's policies must evolve and adapt to society's changing needs. The change means private residential property owners (PPOs) and former PPOs purchasing a non-subsidised HDB resale flat without an HDB housing loan will no longer be subject to the 15-month wait-out period.He said that the Government takes a pragmatic approach to policymaking and will do what works best for Singapore based on evidence rather than ideology.«This includes changing course when faced with a new situation or operating environment,» he added. Read more