What will happen to Prime and Plus HDB in future?

[Nut]

What will happen to Prime and Plus HDB in future?​

General

what will happen when all the prime and plus blocks are after MOP, new blocks are all prime and plus?

The people who live in prime hdb, if they wanna move to a condo, they will sell the hdb. Which type of buyers are going to pay for resale with 14k income ceiling? If there are limited buyers, the seller would have to sell it with very little margin.

Why we are seeing a lot of million dollar transaction now? Are the older resale flats before Prime scheme also subject to income restriction?

 

[Nut]

 

[zhihau]

Prime Pro, then Prime Pro Max.

Likewise for Plus- Plus Pro and Plus Pro Max.

 

[rocket]

What will happen to Prime and Plus HDB in future?​

General

what will happen when all the prime and plus blocks are after MOP, new blocks are all prime and plus?

The people who live in prime hdb, if they wanna move to a condo, they will sell the hdb. Which type of buyers are going to pay for resale with 14k income ceiling? If there are limited buyers, the seller would have to sell it with very little margin.

Why we are seeing a lot of million dollar transaction now? Are the older resale flats before Prime scheme also subject to income restriction?

No more flipping for houses. Everyone can only upgrade once.

Ec mop of 10years is the nail on it. 1st timer has 90% to get ec meaning u need work n pay mortgage tills 65.