myth 118

Myth 118

New HDB flats sure to fetch higher value in resale market

HDB flats are sold at subsidised prices, whatever that means. For many years, all new HDB owners would be able to sell their flats in the resale market for a profit simply because of the subsidy. And for that, HDB flat owners are expected to pay a levy when they sold the flat because they made a clean profit.

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