HDB 'lottery' conundrum: analysts weigh in on ways to mitigate it
Shorter leases, longer MOP, resale buyer income cap, sell-back to HDB are some measures suggested; no simple answer to complex issue
Add BT as a preferred source
Singapore
WHEN certain HDB flats in the Dawson and Boon Tiong area completed their five-year minimum occupation period (MOP) this year, some owners unloaded them on the resale market for a startling 60-70 per cent gain.
Of course, not all HDB flats can fetch that kind of profits, but such deals, among other factors, are raising concerns about the affordability of resale public housing units in prime locations.
TRENDING NOW
Indonesian court upholds earlier dismissal of 2.28 trillion rupiah claim on Keppel unit’s land
Wilmar, Musim Mas among palm-oil firms in Indonesia under probe for suspected export under-invoicing
Xi Jinping has just rewritten the rules of US-China rivalry
China traders rush for exit after cross-border flow crackdown
