Property
Frightening HDB rules
By SG Wealth Builder  •  August 25, 2016
If you managed to purchase a new HDB flat, especially a Build-To-Order (BTO) flat, you would have made your first pot of gold. This is because new HDB flats are heavily subsidized and after meeting the Minimum Occupation Period, they can be sold to the open market for substantial profits. So congratulations and lucky you! But there are a few frightening HDB rules that Singaporeans must know. Failing to do so may hamper your financial plan or even worse, damage your wealth. In this article, I will touch on some of the important HDB rules. Note that the information is based on my best understanding of the rules. If there is any factual error, kindly highlight to me. Eligibility to buy Most Singaporeans thought that they are entitled to buy new subsidized flats like BTO, Executive Condominium (EC) and Design, Build, Sell Scheme (DBSS) twice. Actually, they are only half-correct. Yes, Singapore ......
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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