Asked by SL
I hv looking for a HDB flat. I have an apartment which was rented for past five years.
With the new law:
Concurrent ownership of HDB flat and private residential property
- HDB owner not allowed to own private property during 5-year minimum occupation period, up from 3 years
- Private property owners who buy a non-subsidized HDB flat must sell their private property within six months from date of flat purchase
Does it mean that I hv to sell my private property if I were to get a HDB flat?
My apartment is still under tendency.
With the new law:
Concurrent ownership of HDB flat and private residential property
- HDB owner not allowed to own private property during 5-year minimum occupation period, up from 3 years
- Private property owners who buy a non-subsidized HDB flat must sell their private property within six months from date of flat purchase
Does it mean that I hv to sell my private property if I were to get a HDB flat?
My apartment is still under tendency.
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