Evidence that HDB residents are not owners of their flats

True Believer

Alfrescian
Loyal
Joined
Oct 15, 2023
Messages
11,583
Points
113
A strata title confers part ownership of a condo development to the buyer; residents may come together to initiate a collective sale of the property as they possess a share of the land. HDB residents do have a strata title as they live in so-called subsided public housing which cannot be put up for collective sale. Public flat dwellers are also likely to have their homes confiscated if they fail to comply with restrictive HDB terms and conditions. Condo owners don't face this issue because they truly own their homes. More evidence that HDB residents are not owners of their flats.
 
Back
Top