Private home owners may not have to wait till 2027 for change in HDB wait-out period: Chee Hong Tat
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SINGAPORE — The wait-out period for private property downgraders looking to buy a resale flat may be relaxed before 2027, with an expected rise in supply of new and resale flats.Speaking at a community event in Toa Payoh on June 21, National Development MinPrivate home owners may not have to wait till 2027 for change in HDB wait-out period: Chee Hong Tat
SINGAPORE — The wait-out period for private property downgraders looking to buy a resale flat may be relaxed before 2027, with an expected rise in supply of new and resale flats.Speaking at a community event in Toa Payoh on June 21, National Development Minister Chee Hong Tat said the supply of resale flats is expected to rise from 2026, as batches of Build-To-Order (BTO) flats affected by the Covid-19 pandemic hit their five-year minimum occupation period (MOP).The Housing Board will also be launching more than 50,000 units from 2025 to 2027. Read more