Private Property Owners

As announced on 16 Feb 2024 during Budget 2024 by then Finance Minister Lawrence Wong, single Singapore Citizens (SC) aged 55 and above can now apply for refund of Additional Buyer's Stamp Duty (ABSD) which was paid upon the purchase of a second private property, provided certain conditions are met. This is to help single seniors who are right-sizing their homes easily transition from existing homes to...

Private property owners who do not currently own a HDB flat may wish to sell their private condominium, apartments or landed properties and move to a HDB flat for a wide variety of reasons: children have achieved independence with homes and families of their own lock in the value of their private property and use the excess value (after HDB purchase) as part of their retirement savings eliminate...

It is a well known fact that private property owners/essential occupiers need to dispose of all their private properties before starting the process of applying for a Housing Development Board (HDB) Built-to-order (BTO) flat. However, it appears that the board is loosening this eligibility criterion, at least for the recently announced Community Care Apartments. Below is the standard text for...