Allow young people to use CPF to buy old HDB flats
At present, young people cannot use CPF to buy old HDB flats with a remaining lease of less than 60 years.
This has caused the prices of these old flats to fall sharply. Even so, the owners cannot find a buyer at a fair price. They have to take a very big cut. If they bought the flat on resale and paid a high price, they would suffer a large loss.
What can be done about this problem?
https://tklcloud.com/Feedback/feedback2.aspx?id=1000
At present, young people cannot use CPF to buy old HDB flats with a remaining lease of less than 60 years.
This has caused the prices of these old flats to fall sharply. Even so, the owners cannot find a buyer at a fair price. They have to take a very big cut. If they bought the flat on resale and paid a high price, they would suffer a large loss.
What can be done about this problem?
https://tklcloud.com/Feedback/feedback2.aspx?id=1000
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