The current government policy allows an eligible person to buy a HDB flat and after occupying the flat for five years, to buy a private property.
The HDB owner can rent out the private property to enjoy a rental income while continuing to live in the HDB flat. He is allowed to own a HDB flat and a private property at the same time.
However, an owner of a private property does not have any opportunity to own an HDB flat.
https://tklcloud.com/Feedback/feedback2.aspx?id=1073
The HDB owner can rent out the private property to enjoy a rental income while continuing to live in the HDB flat. He is allowed to own a HDB flat and a private property at the same time.
However, an owner of a private property does not have any opportunity to own an HDB flat.
https://tklcloud.com/Feedback/feedback2.aspx?id=1073
1 comment:
Many people forgotten that 25+ yrs ago the govt allowed private property owners to buy resale hdb w/o having to sell their pte pty, with the caveat that they have to stay in the hdb for 5 yrs.
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