Sale Price Conditions for Existing HDB Leaseholders when Buying Short-lease Flexi Flats

Assoc Prof Jamus Jerome Lim asked the Minister for National Development whether the conditions for purchasing a short-lease flexi HDB unit include any conditions for existing HDB leaseholders with regard to the sale price of their flats.

Mr Desmond Lee: Seniors who have purchased short-lease two-room flexi flats from the Housing and Development Board must dispose of their existing property, if any, within six months from key collection. For those who sell their existing property, there are no conditions related to the sale price of their property.