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According to the HDB, the subsidy recovery clause is necessary to curb the “lottery effect” of owning flats in prime and central location.
If you have a multi-generational family or just want the luxury of space, consider a jumbo flat from one of these estates in Singapore.
We spoke with a couple who saved a cool $10k on renovating their HDB BTO, simply by retaining the fixtures that came with their flat.
Sembawang North & Woodlands North Coast will see a total of 14,000 homes being built. 12,000 of those homes will be set aside for HDB BTOs.