Good news for HDB flat buyers in 2023? How Budget 2023 will impact the property market

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Good news for HDB flat buyers in 2023? How Budget 2023 will impact the property market
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Budget 2023 is being announced even as we write this, and there is some good news for flat buyers — higher CPF grants seem likely to make resale flats more affordable. There are also added balloting chances for a select group of home buyers. On the flip side, some private property buyers may soon face higher taxes. Here's the initial...

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Budget 2023 is being announced even as we write this, and there is some good news for flat buyers — higher CPF grants seem likely to make resale flats more affordable.

In essence, these two groups are singled out for priority treatment among first-timers. That's to distinguish them from those perceived as being in less need, such as those who have a home but have never before had a housing subsidy . We suspect the age discrimination might be painful for older Singaporeans, and some may resent the tone of "have children or you're less of a priority." Still, it may be fair to argue those who have children right now, or will have soon, are in more urgent need of the space.

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Kaylong ballot method technique revealed. So if serve grassroots or work in govt agency also got tembah ballot chance under the table? 😝

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