BTO FLATS MUST BE OCCUPIED FOR FULL MOP PERIOD, OR BE RETURNED TO HDB – DESMOND LEE

Minister for National Development Desmond Lee said that he was recently asked whether a family can buy a BTO flat from HDB and not live or move into it for 5 years, then sell it on the resale market as “almost brand new”. He said that it may be a breach of HDB rules and … Continue reading BTO FLATS MUST BE OCCUPIED FOR FULL MOP PERIOD, OR BE RETURNED TO HDB – DESMOND LEE