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Is A HDB Flat Oversupply Inevitable In The Future? What Happens When Our Parents Generation Passes On

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Ryan J

A seasoned content strategist with over 17 years in the real estate and financial journalism sectors, Ryan has built a reputation for transforming complex industry jargon into accessible knowledge. With a track record of writing and editing for leading financial platforms and publications, Ryan’s expertise has been recognised across various media outlets. His role as a former content editor for 99.co and a co-host for CNA 938’s Open House programme underscores his commitment to providing valuable insights into the property market.

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Lai
Lai
1 year ago

Hi,
Regarding this article, on inheritance of parents flat. Can I check if it makes any difference if the flat is bought under SERS program and purchased before 30th Aug 2010.
I am holding a private property and wonder how the inheritance rules applies to SERs purchased flat?
Appreciate if you could advise.

Tomas
Tomas
1 year ago

#3 is the worst idea of the bunch. Why should private property owners be allowed to also own a HDB with impunity, if HDBs are meant to be affordable public housing?

Make them pay the ABSDs and contribute to nation building!

Cecilia
Cecilia
1 year ago
Reply to  Tomas

I agree. I feel that anyone who can afford to own a private property shouldn’t be allowed to own a HDB even if they are staying in the HDB while renting out their private property. The government should have a law that make those who are currently doing that sell their HDB flat or their private property(ies). In this manner, there will definitely be a drop in prices of property in Singapore making it more affordable for those who are sincere in owning a property. If the rich can afford several private properties, by all means go ahead. But some rich people apply for HDB and after 5 years, they sell for a profit while staying in private houses during that period. Just like a recent news of one unit of ‘Blank Canvas’ BTO flat in Bukit Batok.

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