The desire to live the Singapore dream of upgrading to private property has driven some newer owners of Housing Board flats to jump the gun in investing in a second home, even when they are still barred from doing so.
Owners of HDB flats are prohibited from investing in any private residential home during the minimum occupation period (MOP), which is five years for most flats now.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you