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SINGAPORE PROPERTY
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
Some BTO flats in Boon Tiong and the Dawson area (above) have been sold for a 60-70 per cent gain, when their MOP ended this year.
BT FILE PHOTO
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,...
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