MND: Stricter ownership criteria for HDB flats in prime areas, including 10-year MOP
#1

  • 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/le...nRUSnWkhKo
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