typo
later 550K will depreciate boh, sabo sia, resale leh
buy BTO can become millionaire instead
buy resale of oct 2024 projects and onwards... have limits
1. seller have to clawback subsidy up to 10+% of selling price. not going to cpf but to hdb
2. can only sell to buyers with below 14k income
3. cannot rent whole flat out
how much can buyer with 14k income borrow from bank?
750k?
how to pay high price? and of whatever price sold, lets say 1m, then 10% goes to hdb.
so... nope. times are changing. stop this rubbish about flipping and becoming millionaire. 10 years later, the profits are significantly reduced
older flats that these rules don't apply to... by then also start depreciating liao
doesnt sound good. doesnt feel good. but this is what will happen. dont want to believe me also no choice. ownself go read up hdb policies lor