If I want to apply a public housing.?
And someone told me that some Singapore people will buy the public housing in a lower price and sale it in a higher price to the one who doesn't have the qualification to buy the public housing, it is real??
Answer:
Public housing (flats = apartments) is generally for Singapore Citizens/Singapore Permanent Residents. There are 2 options: Buying a new flat and buying a resale flat. New flats are new building projects, and resale is if you want a flat that is not in a "new" location. That is why resale prices are based on market demand and may be higher. However, both have their own eligiblity requirements.
New: http://www.hdb.gov.sg/fi10/fi10201p.nsf/... Resale: http://www.hdb.gov.sg/fi10/fi10201p.nsf/...
It's best that you contact the HDB (Housing Development Board) to find out more about your eligibility for public housing. Email addresses here: http://www.hdb.gov.sg/fi10/fi10296p.nsf/...
Only Singaporean citizens can buy a new flat directly from the HDB (the public housing board). I assume you are not one, therefore you will not qualify to buy a new subsidised flat from HDB. However you can buy a flat on the resale market without subsidies.
Because of the subsidy of new flats, Singaporeans who purchase new flats are not allowed to sell them in the following five years. Furthermore, private property owners may not purchase subsidised flats. Therefore, it is impossible for one to buy public housing as an investment or to make a profit off those who do not qualify. The profit is usually incidental and a result of natural real estate market cycles than of exploitation of government subsidies.
The medicine information post by website user , MyTend.com not guarantee correctness.