HDB Introduces 6-9% Subsidy Clawback On New BTOs: How It Affects Your Resale Profits

[samferguson]

6 - 9%? It should be at least 30% and barred from buying hdb bto or resale markets for 20 years.

 

[ToonBlue]

Those people will just mark up even more ....

HDB is no longer affordable

 

[fatscaryuncle]

So sell 1m become sell 1.1m ah

 

[prusswan.net]

Those people will just mark up even more ....

HDB is no longer affordable

As long as can make money it is affordable

 

[Loratadine10mg]

HDB Introduces 6-9% Subsidy Clawback On New BTOs: How It Affects Your Resale Profits

According to the HDB, the subsidy recovery clause is necessary to curb the “lottery effect” of owning flats in prime and central location.

https://tsl.to/clawbackhdb

@uchify_sg

They should claw back on those who sell HDB who are pr

 

[euro2012]

6 - 9%? It should be at least 30% and barred from buying hdb bto or resale markets for 20 years.

agreed , what is 9% when transactions 1-2m? some people dont earn that much their lifetime..

30-40% would be more viable..

 

[bbfa1965]

a simple solution like transaction can only be done via HDB, be it new or resale, could have solved all the rubbish issues

i really have no idea what govt is trying to achieve right now. on one hand, want citizens to profit through HDB, on the other hand, do not want citizens to profit through HDB. huh?

are you sinkie? sinkies are kiasu, kiasi. not risk takers. this is reflected in the policy.

 

[drkcynic]

When first buyer sell, the BTO is at least 10yo. The next buyer buy, by the time he can sell, will be at least 20yo. The 3rd buyer... 30yo.

Financially, will you pay top dollars if you are the 2nd or 3rd buyer considering the lease decay?

 

[GuiGuZi]

Profit 100% clawback 9% is sup sup sui... and they will just markup that 9% for buyer to absorb.

 

[Eost002]

Think private property prices going to go haywire again because of this

Let it haywire. Why should we care about private property. Private property should always gauge according to its own value rather than public housing value.

 

[virtualape]

I'll just pass on the 6-9% to the next buyer.

 

[BigLiarLiar]

Seller only need increase resale price by 10% will counter this liao

 

[Water Bottle]

We don't see how is gonna affect anything. At most mark up and sell. Indirectly raise the price of the resale HDB.

Govt聪明sinkies不笨...

 

[A Better Tomorrow]

Rent out the excessive rooms until lease ends.

 

[GuiGuZi]

Maybe they should do this..

If buyer sell immediately after MOP, clawback 100%.
Sell 1 year after MOP, clawback 90%.
...
Sell more than 10 years after MOP, no need clawback.

 

[xxbananax]

a simple solution like transaction can only be done via HDB, be it new or resale, could have solved all the rubbish issues

i really have no idea what govt is trying to achieve right now. on one hand, want citizens to profit through HDB, on the other hand, do not want citizens to profit through HDB. huh?

Citizens profit, gahment profit, everyone profits!

 

[nyvrem]

Hdb prices every quarter up 1-2%

over 5 years, give hdb take back 6% also no issues

 

[Nevereatrice]

Life getting harder and harder for future gen edmw bbfas keep make noise now they suck blood already. U deserve it for ending your own money road better pray u r employed until 80 work until u die

 

[euro2012]

Maybe they should do this..

If buyer sell immediately after MOP, clawback 100%.
Sell 1 year after MOP, clawback 90%.
...
Sell more than 10 years after MOP, no need clawback.

increase MoP period as well..5 yr too fast to get rich..need 10 years by default for all

 

[Godeau]

Too little, too late with all these half f measures

But alas, monitoring party still monitoring