Why the law bars some people from having a share in their relatives' HDB flats

HDB flats are considered "protected" assets and that ineligible owners cannot try to profit. PHOTO: ST FILE
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SINGAPORE - With prices of some Housing Board flats in older estates hitting the million-dollar range, it seems like a good time to get a piece of the action.

After all, the HDB sector is certainly tempting, given that values are still lower than private properties. But there is one major impediment for property investors.

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