"The key to immortality is first to live a life worth remembering." - Bruce Lee 李小龙 (1940 - 1973)

Monday, August 30, 2004

Singles can buy HDB flats of any size




Finally, HDB wises up and got rid of this useless restriction. there are more and more people these days who prefer to remain single or to just cohabit. Also, since they are single, he usually have wads of cash, although they might not want to splash that money foolishly on a private apartment or property, and would like to have more space for themselves.

SINGLES aged 35 and above will now be able to buy Housing Board flats of any size from the resale market.

Until this change, the biggest HDB flats they could buy were three-room units.

But of course, I don't think HDB made this move out of consideration for these individual. Just look at the weak market for new flats. So many remain untaken for years. They are hoping that this cash and CPF rich group can help them alleviate this problem, I'm sure.


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