HDB resale flats - sold back to HDB

Lonely_Hippo · 13-10-2009, 12:35 PM

I've seen some flat there are sold back to HDB due t various reason from the previous owner.

its over at the main HDB website.

If i own a private property, can i buy it? seems dirt cheap to me, some 4 room are only 200+k !

stone1978 · 13-10-2009, 02:12 PM

well if u able to own a private porperty now then why wanna come fight with ppl who need a HDB flat now.

therat · 13-10-2009, 02:21 PM

give chances to those that need a house.

200k+ might look dirt cheap to you but be more sensitive to others

charmingaladdin · 13-10-2009, 02:29 PM

yeah..TS, exercise due diligence n hope that u will give those who can ill-afford a flat a chance..unless u say u r staying in an HDB flat n looking for a pte property.1st of all,whats your motive in getting an HDB flat?for lease n make extra $$?

Lancelot · 13-10-2009, 02:39 PM

From what I remember, you can only buy 30 months after you have disposed of your private property. Link here.

danzodanzo · 14-10-2009, 12:34 AM

this link only apply for new direct from hdb.
No restrictions for resales units.

Quote:

Originally Posted by Lancelot

From what I remember, you can only buy 30 months after you have disposed of your private property. Link here.

Boi_racer · 14-10-2009, 08:52 AM

Actually for resale, you can buy, but I think you need to move into the HDB unit and fulfill the 2 and half years minimum occupation period...

therat · 14-10-2009, 09:19 AM

Quote:

Originally Posted by danzodanzo

this link only apply for new direct from hdb.
No restrictions for resales units.

TS is referring to RP unit. So this rule apply.

vinz · 14-10-2009, 11:40 AM

HDB do not sell "RESALE FLAT".

It's called "REPOSSESSED FLAT".

The rules and regulation is exactly the same for these so called "REPOSSESSED FLAT" if you compare them to "BRAND NEW FLAT".

Navanod · 14-10-2009, 01:56 PM

TS should go compete with the FTs (Flat Takers) for resale units at "affordable prices" instead of depriving the needy peons of a dirt cheap roof

henrylbh · 14-10-2009, 02:32 PM

Dont blame TS for any failure in the system or rule.

Private property owners cannot buy direct from HDB until after 2.5 years of disposing their private properties, unless they go for resale flats.

gregtan · 16-10-2009, 12:35 PM

Haizzz..

The current lottery system might have enable pple like TS a way of competing for these RP units.. thus lowering the chance for those who truely needs it..

haizzz... sad..

Lonely_Hippo · 17-10-2009, 05:01 PM

Quote:

Originally Posted by vinz

HDB do not sell "RESALE FLAT".

It's called "REPOSSESSED FLAT".

The rules and regulation is exactly the same for these so called "REPOSSESSED FLAT" if you compare them to "BRAND NEW FLAT".

Thanks Vinz, does that mean i cannot buy these so called "REPOSSESSED FLAT" ?

flagship · 18-10-2009, 12:20 PM

Quote:

Originally Posted by Lonely_Hippo

Thanks Vinz, does that mean i cannot buy these so called "REPOSSESSED FLAT" ?

sorry u cant! Let the young couples purchase the "dirt cheap" HDB flat please!!

therat · 18-10-2009, 01:26 PM

Quote:

Originally Posted by Lonely_Hippo

Thanks Vinz, does that mean i cannot buy these so called "REPOSSESSED FLAT" ?

cannot.
Those flat is consider subsidize HDB flat.

If u really want to buy those flat. The only way is sell away ur private property, wait for 30 mths.

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