- An extended Minimum Occupation Period (MOP) of 10 years instead of the usual five.
- No renting out the entire flat is allowed during this period.
- The application of a Subsidy Recovery on top of the existing resale levy. *there will be a higher subsidy for the June PLH flats, but the subsidy recovery rate will be at 9 per cent to match the additional subsidies provided.
- More stringent eligibility requirements for applicants.
- A reduced number of flats set aside for the Married Child Priority Scheme (MCPS).
The June 2024 BTO launch is finally here, with 6,938 flats for sale over 8 projects. This is in prime locations such as Tanjong Rhu and Queenstown – Tanjong Rhu Riverfront I and II (Kallang/Whampoa) and Holland Vista (Queenstown). These 3 projects will fall under the Prime Location Housing model), and the others spread across Jurong East, Tampines, Woodlands, and Yishun.
For those who need a quick refresher on choosing a PLH flat, here’s what you need to know: