MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - Printable Version
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MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - J2S - 27-10-2021
- Home buyers of new HDB flats at prime locations will have to occupy their units for at least 10 years
- They are not able to put up the flat for rent for as long as they own it, even after the first 10 years
- The Government will give extra subsidies for the first buyer but will also claw it back when the flat is sold
- The profile of buyers looking to buy these flats at the resale market will be more restricted than typical resale flats
Read more at https://www.todayonline.com/singapore/least-10-year-occupancy-new-hdb-flats-prime-areas-prevent-build-wealthy-enclaves?fbclid=IwAR2c7vjPn3EEgJrLIn5jEcqCbo6ODLm2oAt4sgxXKYLEZS61dnRUSnWkhKo
RE: MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - Ernesto - 27-10-2021
Complicated Gov create complicated life for its ppl.
RE: MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - Niubee - 27-10-2021
(27-10-2021, 12:22 PM)Ernesto Wrote: Complicated Gov create complicated life for its ppl.
Haha. Property agents buay song.
RE: MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - Ernesto - 27-10-2021
(27-10-2021, 12:24 PM)Niubee Wrote: Haha. Property agents buay song.
How can they buay song when they still earning good commission selling high public houses. The higher the better for them just like the banker but as a whole all will suffer high inflation.
RE: MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP - starbugs - 27-10-2021
Step in the right direction, though I think it is still a windfall to get these prime area flats. No stopping someone from locking up one bedroom and renting out the unit forever. Just avoid ever selling the flat and it's a golden goose