Thursday, March 29, 2012

Latest changes to HDB ruling (Mar-12)

Announced Mar-2012.


If buyers change their mind after putting down an option fee to purchase a flat from HDB, they will now be barred from buying new BTO or resale flats with housing grants for a year.

The ban also extends to new DBSS and EC.

# Currently, upon booking the flat, buyers pay an option fee that ranges from $250 for a studio apartment, to $2,000 for a 4-room flat or bigger.



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