What do you think about the newly announced Prime Location Public Housing (PLH) Model?

TL;DR: The PLH model will apply to selected public housing projects in prime and central locations, such as the city centre and surrounding areas, including the Greater Southern Waterfront.

For new PLH flats

Clawback for additional subsidies
Reduced priority allocation quota for Married Child Priority Scheme

For Resale PLH flats

Tighter rules and eligibility conditions

After purchase of PLH flat

10-Year MOP
Tighter rental conidions

https://www.channelnewsasia.com/singapore/bto-p...

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Discussion (11)

What are your thoughts?

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Zi Qiang

09 Nov 2021

The location is nice, very convenient

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Jerome Yap

04 Nov 2021

Why not 7.5 or 15 years? Even can't sell at all?

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Ohmyhome

03 Nov 2021

We were kinda expecting some new restrictions to happen, especially since prices started rising to all-time highs at the start of the year. Remember when everyone was speculating whether MAS would impose stricter property cooling measures? So it doesn't really come as a surprise that they introduced the PLH model.

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Daniel Tan Dan Yi

28 Oct 2021

Soooooo lemme get this straight.... If I'm not a baby maker, I can't live near my workplace as a Single unless I get myself into a large debt buying condo? I wonder if there are couples out there who get married for the sake of HDB even when they're not compatible? At least leave those 3 room flats for us Singles.....

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1M45

Edited 27 Oct 2021

Those who buy PLH, probably those who will live there forever, if you buy at age 30, wait to bu...

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