new2mondrian
What I suggested is definitely not popular but I believe it will temper property prices.
As first time HDB owners, that actually means that they have deprived another really needy person of one queue space, subsidy (real or perceived) and govt grant, so if this group of people have done well enough to buy another private property without selling their HDB, they are well and truly sucessful in the Singapore dream, therefore should rightfully give up their subsidised flat, or at least pay back the difference in current market price and original purchase price and whatever grant they have taken. Or make it MANDATORY that they continue to stay in their HDB regardless of MOP and as long as they hold on to private property.
This will have the effect of freeing up more flats for those who cannot hold HDB and private pty and make others think twice about owning private property while still holding on to their HDBs and this would have a siginificant impact on increasing supply, as this HDB owner buying pte pty group is large and growing.
I have no qualms about private property owners buying HDB at open market prices including COVs, this would in effect enrich HDB owners and as a resale flat, there are no grants or subsidies taken so no foul.
In a truly democratic structure the rich must be able prosper and be rewarded for hard work and achievements. They less well off should be helped but not at the expense of the other less well off.
BTW I am curious as to your gender, your public profile shows you as male but sometimes you claim to be a mom