New Policy To Allow Ownership Of 2 HDBs?

[CondoSeeker2012]

Briefly read front page of Straits Times today about the new 2 room BTOs, towards the end of the article, there is mention of a new upcoming policy which will allow some to own 2 HDBs?

[taggy]

Briefly read front page of Straits Times today about the new 2 room BTOs, towards the end of the article, there is mention of a new upcoming policy which will allow some to own 2 HDBs?

Nearly 4,000 new flats on offer
Yesterday's launch was also the last one this year before a new initiative to cater to those looking to buy their second flat from HDB kicks in. In May, the quota of new two- or three-room flats for second-timers will double, from 15 per cent to 30 per cent.
This is to help financially vulnerable families downgrade with ease, Mr Khaw said during the Budget debate earlier this month.

don't get so excited
it simply mean 2nd timers will get higher chance in bto ballots; they will still have to sell their existing hdb upon receiving the new bto flat.

[phantom_opera]

what if I am a single qualified for 2r BTO but 1y later I get married??

[CondoSeeker2012]

Nearly 4,000 new flats on offer
Yesterday's launch was also the last one this year before a new initiative to cater to those looking to buy their second flat from HDB kicks in. In May, the quota of new two- or three-room flats for second-timers will double, from 15 per cent to 30 per cent.
This is to help financially vulnerable families downgrade with ease, Mr Khaw said during the Budget debate earlier this month.

don't get so excited
it simply mean 2nd timers will get higher chance in bto ballots; they will still have to sell their existing hdb upon receiving the new bto flat.

hehehe

thank you taggy for clarifying

[eng81157]

what if I am a single qualified for 2r BTO but 1y later I get married??

the 2nd unit count as your second chance at a HDB flat

[bakasa2002]

what if I am a single qualified for 2r BTO but 1y later I get married??

when you get married assuming yr partner has another hdb, one of you gonna sell.

[radha08]

wait LONG LONG to own 2 flats..

[thomastansb]

Plan properly lor..

what if I am a single qualified for 2r BTO but 1y later I get married??

[eng81157]

Plan properly lor..

sometimes, accidents, like shotgun, are hard to plan for......

[sherlock]

HDB will need to build another 1M units if they ever allow people to buy 2.

This will never happen

[Eh]

Didn't know condo seeker become the government Liao

[thomastansb]

But I mean reasonably speaking, I buy a brand new car and I lose my job. Then how? Blame the Government for not making 2nd hand car more expensive? Or no COV for 2nd hand car?

sometimes, accidents, like shotgun, are hard to plan for......

[eng81157]

i would sell my car and look for a job??

[CondoSeeker2012]

But I mean reasonably speaking, I buy a brand new car and I lose my job. Then how? Blame the Government for not making 2nd hand car more expensive? Or no COV for 2nd hand car?

i dont think the govt is stupid to edit policies based on people like that

[nickq]

Easy. Remain single in the eyes of law and then you and your "wife" or husband buy a 2 bedroom each. Cohabit in one house and rent out the another.

[beepbeep]

sometimes, accidents, like shotgun, are hard to plan for......

Don't let small head control the big head should be fine.