09/03/2022
Ethnic quota limits are super important in our inclusive society. But it comes with some drawbacks as well, in this case, buying/selling HDB's. Over the years there were stories whereby an owner ends up selling his flat at a significantly lower price as compared to his neighbours as the demand in that area may be lower for certain a certain race or others who are just unable to sell their flat after trying to market it for a long time. This will definitely help those affected homeowners to finally make their move.
To be eligible for the buyback, owners must have owned the flat for at least 10 years. . Read more at straitstimes.com.