July 22, 2018

HDB rentals may get a much needed boost from new property cooling measures

Homeowners who have successfully sold their units en bloc may turn to HDB rentals while they wait for a permanent replacement flat. Once the en bloc sales deal is completed, owners can hand over the units with vacant possession for 100 per cent of the sales proceeds, or opt to stay on for another 6 months.But those that stay put will receive only 95 per cent of the proceeds from their successful en bloc...

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