Singaporeans must not sell their HDB flats

This is a serious call. Never, never sell your HDB flat! Yes it will appreciate in value at the way things are moving. But that is not the main concern. Many Singaporeans think that they could reap a handsome profit by selling their flats, maybe a couple of hundred thousand which could buy them the new car, the holidays, that new wardrobe or to splash around for a while with the new found wealth.