How bounce units work
Under the EC rules, a buyer who has booked a unit has three weeks to exercise the option and eight weeks from the option date to sign the Sale and Purchase Agreement. If the buyer forfeits, the developer may keep part of the booking fee and the unit returns to the unsold pool. Because Rivelle had a second ballot in April 2026 to clear the final units, the pool is empty today, and any bounce unit will be re-released individually, usually at a price set by the developer at the time.
Buyers of a bounce unit must meet the same eligibility rules as at launch: the income ceiling (S$16,000 a month for Rivelle, because its site was tendered before 24 August 2026; newer EC sites use S$18,000), citizenship composition, a valid family nucleus, and no private property ownership in the preceding 30 months. The EC eligibility guide on singaporeec.sg sets out the rules in full, including the resale levy for second-timers and the CPF housing grants available to first-timer families.
Rivelle's MOP and resale timeline
Like every EC, Rivelle has a five-year minimum occupation period that starts from the date of TOP, not from the launch. With vacant possession expected on 30 June 2030, the earliest MOP end date is around mid-2035, when units can be sold to Singapore citizens and permanent residents. Ten years after TOP, around 2040, the development is fully privatised and can be sold to foreigners. The article on Rivelle's timeline from launch to TOP and MOP walks through each stage.
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