The recent changes to dual home ownership aimed at cooling the sizzling property market have left some owners in a bind.
The regulation also applies to those who own property outside of Singapore. MORE
Thursday, September 2, 2010
Changes to dual ownership leave some home owners in a bind
SINGAPORE: For some, owning two properties is a retirement strategy - one to live in, and the other for rental income.
The recent changes to dual home ownership aimed at cooling the sizzling property market have left some owners in a bind.
From 30 August, private property owners who want to buy a flat from the Housing and Development Board (HDB) would have to sell their private property within six months.
The regulation also applies to those who own property outside of Singapore. MORE
The recent changes to dual home ownership aimed at cooling the sizzling property market have left some owners in a bind.
The regulation also applies to those who own property outside of Singapore. MORE
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